As a strategically planned urban district, Dubai Silicon Oasis is home to many corporate, commercial and residential developments. Spanning 7.2 million square metres, the government-owned free zone is often considered a ‘city within the city.’ For residential apartment seekers, the neighbourhood offers a range of options across its urban landscape. Vetting the dubizzle user data, here we have compiled a list of popular buildings to buy apartments in Dubai Silicon Oasis.
Top Buildings to Buy Apartments in Dubai Silicon Oasis
One of the popular Dubai areas among students, DSO has an urban landscape dotted with many high-rise and midrise apartment complexes. The average price of apartments for sale in DSO is AED 772k, with an ROI of 8.01%. For studio and 1-bedroom apartments, the average prices are AED 460k and AED 642k. Similarly, larger units, such as 3-bedroom and 4-bedroom apartments average AED 1.15M and AED 1.75M, respectively. Let’s begin with the rundown of some popular residential buildings in DSO, detailing prominent lifestyle features and average prices of the available apartment options.
Silicon Gates
Silicon Gates is a collection of four apartment buildings. Rising 26 storeys high, Silicon Gates 1 is the tallest structure among them all. From sports courts to gymnasiums and swimming pools, residents of these apartment buildings can indulge in various lifestyle activities.
Since the residential towers of Silicon Gates are located in DSO, one of the freehold areas in Dubai, expats can also invest in apartments here.
- Apartments for sale in Silicon Gates yield an average ROI of 9.95%. The average asking price for DSO flats is AED 582k.
- The price of a studio apartment averages AED 369k, whereas 1- and 2-bedroom apartments have an average asking price of AED 552k and AED 857k, respectively.
- Moreover, the price of a 3-bedroom apartment is a bit steeper, crossing the 1-million mark with a recorded average of AED 1.4M
Binghatti Apartments
Binghatti Apartments is a popular project by Binghatti Developers in DSO. It is a 13-storey residential building in Dubai Silicon Oasis with a range of options for popular UAE apartment types.
Completed in 2016, it is one of the top residential towers in DSO. With 224 units in total, Binghatti Apartments offers a range of amenities. These include basement parking, a fitness club, a swimming pool, a jacuzzi, a barbecue area and a reserved venue for recreational activities.
- To own an apartment for sale in Binghatti Apartments, the average cost is AED 613k. Moreover, given its high popularity, the average ROI for properties in the building is 8.98%.
- Binghatti Apartments offered studio apartments for sale with an average price of AED 396k. Similarly, the asking price of a 1-bedroom apartment and 2-bedroom apartments for sale in Binghatti Apartments is AED 576k and AED 938k.
- Offering more space and convenience, the price of a 3-bedroom apartment in La Vista Residence is AED 1.29M
Axis Residences
Encompassing eight residential towers, Axis Residences is a low-rise apartment complex in DSO. It is one of the most sought-after choices among apartment seekers in the area. The project has a courtyard with a landscaped garden area and playground.
The building offers 24/7 security, on-site maintenance services and ample parking space to the residents. Besides, there are several other perks of investing and living in Dubai Silicon Oasis – a pulsating urban hub
- Apartments for sale in Axis Residences have been available for an average cost of AED 492k. The apartments in the building have generated an average 10.38% ROI.
- Those seeking a studio apartment in Axis can find it for an average price of AED 396k. Likewise, the average asking price of a 1-bedroom apartment is AED 576k, whereas a 2-bedroom apartment costs around AED 938k.
Palace Towers
Palace Towers is another multipurpose development in DSO that is quite popular among apartment seekers. The project is based on two towers. Palace Tower 1 is for commercial use with offices and retail units, while Palace Tower 1 comprises apartments.
Spanning 33,000 sq. ft., the residential development offers a host of amenities. Residents can enjoy access to an in-house fitness club, a swimming pool and spa services. Palace Towers offer sought-after arrangements to buy an apartment in Dubai Silicon Oasis.
- Located in one of the popular non-luxury areas to buy apartments in Dubai, Palace Tower offers apartments with an average price of AED 475k. The average recorded ROI of the apartment building is 9.89%.
- Those looking to buy a studio apartment in Palace Towers would need to set aside an average budget of AED 395k. Likewise, average prices for 1-bed and 2-bedroom apartments in the building have been observed at AED 515k and AED 731k.
In addition to the aforementioned developments, Arabian Gates, Binghatti Views, Binghatti Point, Silicon Heights and Tria have garnered significant interest from those looking for apartments for sale in Dubai Silicon Oasis.
Arabian Gates
A 14-storey building offering a high-end living experience in DSO, Arabian Gates enjoys a strategic location. It is a well-planned residential complex with gym, swimming pool, kid’s play area and a host of other amenities. Capitalising on its bustling surroundings, Arabian Gates offers easy access to a variety of restaurants, parks, retail destinations and grocery shopping spots. With such amenities and facilities, the vertical complex has made the list of top buildings to buy apartments in DSO.
- With an average apartment price of AED 872k, apartments for sale in Arabian Gates offer an impressive 9% ROI.
- For those interested in studio apartments, the average price is recorded at AED 451k for studio apartment. Moreover, for apartments with 1- and 2-bedroom layouts, the average price range is AED 758k and AED 1.28M, respectively.
- Larger 3-bed apartments have an average price of AED 2.35M.
Disclaimer: The sought-after vertical residential developments and their prices discussed above is according to the dubizzle search trends and data. It is not a representation of the actual property market transactions conducted and regulated in the emirate.
FAQs
Which building is best to live in Dubai Silicon Oasis?
The sought-after buildings among apartment buyers in Dubai Silicon Oasis are: Silicon Gates, Binghatti Apartments, Axis Residences, Palace Towers and Arabian Gates. In addition to these buildings, La Vista Residence, Silicon Heights, Aura Elegance, Binghatti Views and Spring Oasis have also made the list.
Should you invest in a 1-bedroom apartment in Dubai Silicon Oasis?
According to our findings, 1-bedroom apartments for sale in Dubai Silicon Oasis enjoy a high appreciation. DSO is one of the areas with the best ROI for 1-bedroom apartments in Dubai.
Should you invest in a 3-bedroom apartment in Dubai Silicon Oasis?
Similar to 1-beds, 3-bedroom apartments are also a popular choice in the area. Dubai Silicon Oasis has also emerged as among the Dubai neighbourhoods with the highest ROI for 3-bedroom apartments.
Is DSO freehold or leasehold?
Dubai Silicon Oasis is a freehold area where expats can buy, own and sell properties. If you are curious about knowing the difference between freehold and leasehold property in Dubai, read here.
There you have it – a round-up of the popular buildings to buy apartments in Dubai Silicon Oasis. Besides, if you are interested in living up close to the world’s tallest building, then check out these popular buildings to buy apartments near Burj Khalifa.
Meanwhile, to explore other real estate options for investment, browse these properties for sale in Dubai.
To keep getting more updates on popular DSO investment properties, stay tuned to the dubizzle real estate blog.
