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
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.
Disclaimer: The vertical residential developments discussed below are based on the dubizzle user data. It is not a representation of the actual property market transactions conducted and regulated in the emirate.
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 9.52%. The average asking price for DSO flats is AED 471,000.
- The price of a studio apartment averages AED 311,000, whereas 1- and 2-bedroom apartments have an average asking price of AED 444,000 and AED 737,000, respectively.
- Moreover, the price of a 3-bedroom apartment is a bit steeper, crossing the 1-million mark with a recorded average of AED 1.1M
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 418,000. The apartments in the building have generated an average 10.20% ROI.
- Those seeking a 1-bed apartment in Dubai can buy it for an average of AED 409,000. Likewise, the average asking price of a 2-bedroom apartment is AED 635,000.
La Vista Residence
La Vista Residence is another project in Silicon Oasis that attracts apartment buyers. It is an expansive development encompassing seven buildings. Living in this modern urban development, residents have doorstep access to a myriad of top-notch amenities. Besides, an in-house event venue is also available in La Vista Residence.
- With an average apartment price of AED 531,000, La Vista Residence offers an impressive 9.10% ROI to apartment seekers in DSO.
- For those interested in studio apartments, the average rate stands at AED 320,000. Moreover, for apartments with 1- and 2-bedroom layouts, the average price range is AED 449,000 and AED 618,000, respectively.
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 has been AED 624,000. Moreover, given its high popularity, the average ROI for properties in the building have been recorded at 8.98%.
- Binghatti Apartments offered studio apartments for sale with an average price of AED 380,000. Similarly, the asking price of a 1-bedroom apartment and 2-bedroom apartments for sale in Binghatti Apartments has been AED 505,000 and AED 744,000.
- Offering more space and convenience, the price of a 3-bedroom apartment in La Vista Residence has been recorded at AED 1.19M
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.
- Located in one of the popular non-luxury areas to buy apartments in Dubai, Palace Tower offers apartments with an average price of AED 413,000. The average recorded ROI of the apartment building is 10.96%.
- Those looking to buy a studio apartment in Palace Towers would need to set aside an average budget of AED 324,000. Likewise, average prices for 1-bed and 2-bedroom apartments in the building have been observed at AED 480,000 and 631,000.
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.
FAQs
Which building is best to live in Dubai Silicon Oasis?
According to dubizzle user data, some sought-after buildings among apartment buyers in Dubai Silicon Oasis are:
- Silicon Gates
- Axis Residences
- La Vista Residences
- Binghatti Apartments
- Palace Towers
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 DSO. 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.
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