Palace Tower 1 Silicon Oasis

• Parking
• Gym
• Renting property
• Buying property
• Getting around
• Restaurants nearby
• FAQs

Palace Tower 1 Silicon Oasis is a 27-storey commercial building in Dubai Silicon Oasis. It is part of a mixed-use complex, Palace Towers, which consists of a commercial and residential tower. The office tower has a basement, lower ground and ground floor, above which 25 floors feature 150 office units. Offices in Palace Tower 1 Silicon Oasis consist of fully fitted offices, furnished and unfurnished units. Palace Towers is a project of Tameer Holding Investment. In 2009, Palace Tower 1 Silicon Oasis and Palace Tower 2 were constructed over a shared podium above the ground floor.

The extensive landscaped podium houses recreational facilities like swimming pools, gyms and multifunctional rooms. The basement and lower ground floor have parking. The ground floor also has 17 retail units, which spread over 33,000 sq. ft. Palace Towers is ideally located on Emirates Road. It is next to a bus stop and close to Gems Wellington Academy. The location of the building also gives easy access to neighbouring areas like Dubailand and Arabian Ranches.

Dubai Silicon Oasis is a mixed-use community in the North-Eastern part of Dubai. Spreading over a huge area of 7.2 million sq. m., the neighbourhood is at the intersection of Sheikh Mohammed Bin Zayed Road and Al Ain Road. DSO is the only free-zone community that offers a mix of commercial and residential properties.

• Type of building: Commercial
• Location: Dubai Silicon Oasis
• Developer: Tameer Holding
• Date of completion: 2009
• Number of floors: 27 storeys above the ground
• Number of units: 150 offices and 17 retail shops
• Unit type: Fully fitted, furnished and unfurnished offices
• Type of ownership: Leasehold
• Amenities: Gym, pool, and multi-purpose rooms

A basement level and lower ground floor provide covered parking for both towers. Parking in Palace Tower 1 Silicon Oasis allocates a minimum of 2 slots for each office unit in the building. Moreover, visitors can use street parking outside the building.

There are six high-speed elevators in Palace Tower 1 Silicon Oasis. Elevators have a separate power backup to remain functional round the clock. Tenants and visitors have direct access to the elevators.

The office tower has a separate entrance and void area. CCTV cameras and security staff monitor entrance checkpoints and shared facility areas to deliver round-the-clock security services. The ground floor also has a huge waiting lobby and concierge desk, where desk staff provides 24-hour concierge services for tenants and visitors.

The shared recreational podium has a separate gym and swimming pool for an office block. The gym in Palace Tower 1 Silicon Oasis has modern exercise equipment, sauna and Jacuzzi facilities. Tenants are also eligible to use shared facilities like a multi-purpose function room on the podium level.

Palace Tower 1 Silicon Oasis has a total of 150 office units. Also, there are 17 retail shops on the ground floor. The various types of offices in Palace Tower 1 Silicon Oasis are:

• Fully fitted offices
• Furnished and semi-furnished office units
• Retail shops

Fully fitted offices are ready to move in units, which are outfitted with essential infrastructure. These units have proper partitions, reception area, conference room, pantry, and washrooms, depending on the unit size. Tenants don’t have to make enough modifications before use. All they need is to furnish the place according to their requirements.

Furnished and semi-furnished office units have essential office furniture like work desks, tables, chairs and light fixtures. They also have networking cables for the internet and telephones. Tenants can move in with their computers and other office supplies.

Being a mixed-use development, Dubai Silicon Oasis boasts a mix of residential and commercial properties. Office for rent in Dubai Silicon Oasis and offices for sale in Dubai Silicon Oasis offers various offices for tenants and buyers looking to set up their business in a free zone in UAE. The Technology Park in DSO boasts several commercial towers. Palace Tower 1 Silicon Oasis is a well-located commercial building in DSO.

Palace Tower 1 Silicon Oasis offers spacious fully-fitted, furnished and unfurnished offices for tenants. The floor area of an office unit ranges from 2, 024 sq. ft. to 6, 262 sq. ft.  These office units are either fully fitted, furnished or semi-furnished. Also, office units have partitions or glass walls according to their design. Furnished offices also have curtains, carpets and kitchen equipment.

Offices for rent in Palace Tower 1 Silicon Oasis offer fully-fitted, furnished and semi-furnished offices for business owners. The rental cost of an office unit in Palace Tower 1 Silicon Oasis is:

• Fully fitted offices for rent in Palace Tower can be leased at a yearly rent of AED 85k to AED 100k
• Yearly rent for furnished offices in Palace Tower 1 Silicon Oasis starts from AED 150k to AED 450k
• The annual cost of renting unfurnished offices in Palace Tower 1 Silicon Oasis is AED 160k

Office rent may vary according to unit size and market conditions. If you are looking for more options, check offices for rent in Dubai Silicon Oasis.

 Offices for sale in Palace Tower 1 Silicon Oasis are equally profitable for company owners and commercial property investors. The estimated cost of buying an office in Palace Tower 1 Dubai Silicon Oasis:

• Buying prices for fitted offices for sale in Palace Tower 1 Silicon Oasis Dubai are from AED 700k to AED 710k.
• Furnished offices in Palace Tower 1 Silicon Oasis Dubai can be purchased at prices starting from AED 1.24M
• The Purchase price of an un-furnished office unit in Palace Tower 1 Dubai Silicon Oasis is AED 730k

Buying prices depend on market conditions, unit size and amenities. You may view offices for sale in Dubai Silicon Oasis for more variety of unit size and configuration.

There is no problem with transportation near Palace Tower 1 Dubai Silicon Oasis. People coming to the building can use bus, metro and taxi services to commute.

Those who use public transport can take a bus from different stops. Silicon Oasis Palace Tower Bus Stop and Silicon Oasis SIT Tower 2 Bus Stop are within walking distance of the building. Silicon Oasis Lake Bus Stop is 3 minutes away.

Various Dubai metro stations are located slightly away from the building. Creek Metro Station is 14 minutes away from the location. Rashidiya Metro Station and Al Jadaf Metro Station are at a 16-minute distance from Palace Tower 1 Silicon Oasis.

Casual dining restaurants near Palace Tower 1 Silicon Oasis include:

• Projeto Acai Silicon Oasis
• Bayti Restaurant
• Pizza Sabbioni

The building is close to various best restaurants in Dubai Silicon Oasis. Projeto Acai Silicon Oasis is 4 minutes away and offers Healthy food. Bayti Restaurant is a 5-minute drive from the building and offers Middle Eastern cuisine. Pizza Sabbioni is also at a 5-minute distance.

Fine dining restaurants near Palace Tower 1 Silicon Oasis are:

• Ananta
• Tresind Dubai

Fine dining lovers can visit different restaurants located slightly away from the building. They can dine in Ananta and Tresind Dubai. Both of them are 18 minutes away from the location and offer Indian food.

Nightlife options near Palace Tower 1 Silicon Oasis include:

• V Lounge
• Bay Club
• BOA Dubai
• Sensation Club

People working or coming to Palace Tower 1 Silicon Oasis can enjoy different nightlife options that are slightly away from the building. V Lounge is a famous lounge, while Bay Club is a nightclub that offers different drinks and snacks. BOA Dubai and Sensation Club are also nightclubs that offer drinks, snacks, refreshments and dance floors. All of the above-mentioned nightlife options are 18 minutes away from the building.

• The Light Commercial Towers – commercial
• Grosvenor Tower – commercial
• B2B Tower – commercial
• Central Park Towers – Mixed-use

The Light Commercial Towers, Grosvenor Tower, B2B Tower and Central Park Towers are close to Palace Tower 1 Silicon Oasis.

There are numerous pros and cons of living in Dubai Silicon Oasis.  But it should be noted that metro stations are slightly away from the community.

WHERE IS PALACE TOWER 1 LOCATED?

Palace Tower 1 is a part of the complex located in Dubai Silicon Oasis.

WHAT TYPES OF PROPERTIES ARE AVAILABLE IN PALACE TOWER 1?

It is a commercial building offering offices and retail spaces.