Looking to invest in Dubai Silicon Oasis? Well, you’re not the only one. Dubai Silicon Oasis (DSO) has firmly established itself as a popular community for those looking to buy apartments in Dubai. This residential district is located ideally at the intersection between Sheikh Mohammed Bin Zayed Road (E311) and the Dubai-Al Ain Road (E66). Apart from various apartment buildings and villa communities, DSO is also home to a thriving hub for tech start-ups. With a choice of schools and universities nearby and access to ample amenities, DSO is the right choice for single professionals and families. Already bowled over by the area? Then Bayut presents the buying trends for apartments in Dubai Silicon Oasis, based on searches made by Bayut.com’s users! Read on to find out average prices, amenities and more.
Dubai’s H2 Market Report for 2018 also confirms that DSO ranks as one of the most popular communities for apartment sales. Potential investors will be glad to know that sales prices for apartments in the area have dropped since H1 2018, following a trend that is expected to continue in the UAE real estate market in 2019. The largest price decline was for 2-bedroom apartments for sale in Dubai Silicon Oasis, where average prices have dropped 7.9% to AED 967k. Meanwhile, studios for sale in Dubai Silicon Oasis also saw prices decline by 6% and now stand at AED 390k. However, sales prices for 1-bedroom apartments in DSO remained mostly stable at AED 580k.
The area’s affordable prices have proved very appealing to investors and home buyers. If you’re considering this area as your next home or investment choice, read on for the top buildings for apartments in Dubai Silicon Oasis.
Top 5 Buildings for Buying Apartments in Dubai Silicon Oasis
Heading the buying trends for apartments in Dubai Silicon Oasis is Silicon Gates, which has four buildings in one residential complex. Interested in buying apartments in Dubai Silicon Oasis? Then Silicon Gates has a lot to offer. This residential complex offer investors spacious and modern apartments, that range from studios to 3-bedroom layouts. These apartments for sale in DSO come with bright and attractive interiors, along with lovely views of the area.
Families with younger children will benefit from the nursery located in the complex itself. Silicon Gates also has Al Maya Supermarket and Aster Clinic and Pharmacy, providing residents easy access to these amenities. The complex also has a charming plaza with green areas and facilities like swimming pools, gyms and sports courts. The sale prices for studios in Silicon Gates starts from AED 285k, according to Bayut’s current listings. Families looking for a bigger space will find 1-bedroom apartments for sale in Silicon Gates from AED 420k and 2-bedroom units from AED 598k.
Another option for potential investors is Axis Residences, which ranked second in Bayut users’ searches. Comprising of elegant buildings located in the heart of DSO, Axis Residences is developed by GGICO Properties. The cosy studio and 1-bedroom apartments here are ideal for professionals working nearby. Another appealing feature of these apartments for sale in DSO is the flexible interiors that allow residents to redesign the unit to suit their needs. Axis Residences also comes with landscaped outdoor spaces, swimming pools and fitness facilities. Those interested in buying 1-bedroom apartments in Axis Residences will find units with a starting price of AED 410k.
La Vista Residences
Families looking to buy property in Dubai Silicon Oasis should consider the popular community of La Vista Residences. Made up of seven residential buildings, La Vista Residences offers investors the choice of quality apartments ranging from studios to 2-bedroom units. Families can enjoy 24-hour security, along with swimming pool and gym facilities. They’ll also benefit from the buildings’ close proximity to GEMS Wellington Academy, which is also one of the best schools near Dubai Silicon Oasis. According to Bayut’s current listings, sale prices for apartments in La Vista Residences average at AED 700k.
Looking for affordable yet stylish living? The popular building of Silicon Arch could be the ideal choice. With its dramatic arched entrance and charming courtyard, Silicon Arch certainly impresses on first sight. These spacious apartments for sale in Dubai Silicon Oasis are designed in a contemporary style and are offered in 1 and 2-bedroom layouts. Residents can also make use of amenities such as the rooftop pool and gymnasium. The sleek entrance lobby and fountains in the courtyard add to the appeal of these apartments, but without a hefty price tag. Silicon Arch’s strategic location makes it easy for residents to access major highways such as Dubai-Al Ain Road (E66). According to current listings on Bayut, the starting sale price for a 1-bedroom unit in Silicon Arch is AED 450k.
Rounding up the list of best buildings with apartments for sale in Dubai Silicon Oasis are the Palace Towers. This mixed-use development comprises of two towers with one for residential and commercial purposes. There are studios, 1-bedroom and 2-bedroom apartments available here with sleek and modern finishing. Best of all, there are ample amenities for residents including multiple swimming pools, gymnasiums and children’s play areas. Other everyday amenities such as supermarkets and salons are also located within the complex, as well as other retail outlets. The average sale price for apartments in Palace Towers is AED 550k. However, according to Bayut’s current listings, studios for sale here start from AED 315k. 1 and 2-bedroom apartments in Palace Towers have sale prices starting from AED 550k and AED 600k respectively.
Those are the top buying trends for apartments in Dubai Silicon Oasis! Now that you’re armed with all the right information, take a look at the apartments for sale in Dubai Silicon Oasis. Not convinced yet? Find out more about living in Dubai Silicon Oasis to see if this is the right community for you. Not interested in buying right now? Take a look at the best buildings to rent in Dubai Silicon Oasis, which lists average prices, amenities and more. And follow MyBayut for more articles on Dubai’s best residential areas!