Learn more about the Dubai Silicon Oasis (DSO) villa market through trends and average prices.
How affordable are villas in Dubai Silicon Oasis (DSO)?
The median sales price for a villa in Dubai Silicon Oasis (DSO) is approximately AED6,750,000
The median price per square feet in Dubai Silicon Oasis (DSO) is AED1,050
The Dubai Silicon Oasis (DSO) area currently has 161 villas for sale
What is the average price of a Villa in Dubai Silicon Oasis (DSO)?
What You Need to Know About Dubai Silicon Oasis (DSO)
DSO stands for Dubai Silicon Oasis, as it is known among locals. The name of the community gives it away, but Dubai Silicon Oasis is Dubai's answer to Silicon Valley. The Dubai Silicon Oasis is a "city within a city," according to its description. They're on separate sides of the Dubai Silicon Oasis. One side of the city is known as "Technology Park," which is a business district. The Dubai Silicon Oasis, Technology Park, is the emirate's prospect of having tech start-ups and establishing the community as the Middle East's start-up hub. The second phrase of Dubai Silicon Oasis, on the other hand, is the economical residential development. The community of Dubai Silicon Oasis offers homebuyers apartments and villas units. The Dubai Silicon Oasis is located in the heart of Dubai, with convenient access to the city core. Sheikh Mohammed Bin Zayed Road connects residents of Dubai Silicon Oasis to the rest of Dubai. Residents of Dubai Silicon Oasis, on the other hand, have access to all necessary amenities. The community of Dubai Silicon Oasis is a wonderful blend of commercial, residential, and laid-back leisure attractions. In Dubai Silicon Oasis, real estate is split into two categories: villa compounds within the technology park, and residential structures scattered around the neighborhood. Expats' dreams of owning real estate in Dubai, particularly in the Dubai start-up ecosystem, can become a reality. Parts of DSO's villa compounds are in the Dubai freehold zone, but the majority of homes in the tech-savvy enclave of Dubai Silicon Oasis are leasehold.
Popular Areas in Dubai Siliicon Oasis (DSO)
Dubai Silicon Oasis is ideally located at the Sheikh Mohammed Bin Zayed Road interchange, making it one of Dubai's most connected neighborhoods. Academic City, Falcon City of Wonders, and International City are all nearby towns for residents of Dubai Silicon Oasis. Academica City is a well-known educational institution that houses students of all ages. A short distance away are the University of Wollongong and Murdoch University in Dubai, both of which are internationally accredited universities. Academic City's most prominent schools for younger students are GEM Modern Academy and Kings School Nad Al Sheba. Falcon City of Wonders is a new venture with the goal of housing all of the world's eighth wonders. Retail therapy (shopping) is likely to be at the top of residents' list of things to do in Dubai Silicon Oasis. The Cedre Villas Community Center caters to the needs of residents on a daily basis. Cedre Community Centre, on the other hand, has a few cafes, restaurants, and a medical check-up. Dubai as a whole is the epitome of luxury and flashy. Residents seeking a more branded retail store have access to Dubai Outlet Mall located 13 minutes car ride way. Families have access to IMG Worlds of Adventure, and some portions of DSO cater to a family-friendly lifestyle. An iconic theme park with various exciting rides and a freshly developed 7-star theater using IMAX technology.
Type of Villas in Dubai Silicon Oasis (DSO)
The Dubai Silicon Oasis focuses on "facilitating and supporting new technology-based households and industries" with its creative technology park and start-up culture. The neighborhood began as a startup culture, but it has now evolved into a cosmopolitan residential area popular with real estate investors and tenants. All types of homebuyers can find real estate in Dubai Silicon Oasis. Homebuyers in the neighborhood enjoy a wide range of options. From budget-friendly apartments to high-end condominiums, there's something for everyone. Homebuyers in Dubai Silicon Oasis, on the other hand, can choose from economical and stress-free villas to vast, modern, and opulent villas. At Dubai Silicon Oasis, homebuyers can pick from approximately 1,600 villa units in two villa communities. The following are the two villa communities: The Cedre villa clusters and Semmer Villas. Cedre villa estates are located in Dubai's freehold zone, which allows expats to own property there. In Dubai Silicon Oasis, homebuyers can choose between 3–5-bedroom villa homes. The average price of a villa unit in DSO is between 2.3 and 2.95 million AED. DSO, on the other hand, provides community apartment apartments. Villa units in Dubai Silicon Oasis comes with a backyard for homeowners to property enjoy their time during the weekends with family by having a picnic or a BBQ time.
Lifestyle Factors in Dubai Silicon Oasis (DSO)
From a start-up and technology industries community, Dubai Silicon Oasis has quickly evolved into a complicated residential region in Dubai. With rapid transformation comes a new way of life. Because of its proximity to Academic City and other commercial centers such as International City, DSO has evolved from a tech-savvy lifestyle to a family-friendly living. Residents with children now have access to Kids Jungle as a result of the community's transformation into a family-friendly environment. Cedre Community Facility is activities center that hosts dance and music classes as well as events. Children's jungle centers allow children and their parents to socialize with other inhabitants in order to foster a sense of communal life. Adults primarily visit Dragon Mart 2, the closest cinema hall in the area, while their children are at school and visited the chic coffee shops around Dragon Mart 2. During the day, parents dropping off their children at nurseries, professionals heading off to work, bachelors waiting for RTA bus transit, and more on the streets of Dubai Silicon Oasis. And, because the area is alive with activity 24 hours a day, you'll observe merchants, shopkeepers, and traders conducting business. Many mothers and nannies may also be seen wandering through the park in Dubai Silicon Oasis while pushing a pram.
Top 3 Reasons to Invest in Dubai Silicon Oasis (DSO)
Homebuyers and real estate investors alike have several reasons to invest in Dubai's technology-driven community. First and foremost, the rates of apartments and villas in Dubai are very economical. Prices for a three-bedroom apartment start at 900,000 AED. Second, the Dubai Silicon Oasis provides substantial rental yields to investors. The annual rental yield on a three-bedroom unit was 7.9%. Many international and emirates university students rent flats in Dubai Silicon Oasis because of DSO's proximity to Academic City. Even Technology Park employees like to rent out flats in DSO. Investors should take comfort in the fact that tenants are very easy to come by, thanks to the vast number of renters in the area. Finally, the Cedre villa cluster is located in Dubai's freehold zone, where expats can purchase villa units. All emerging inventive ideas in Dubai originate in the community of Dubai Silicon Oasis, which strives to be the Middle East's technological hub (DSO).