Silicon Avenue, Dubai Silicon Oasis

Dubai Silicon Oasis, Dubai

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Strengths

Modern Infrastructure

Tech Ecosystem

Green Spaces

Weakens

High Rental Costs

Traffic Congestion

Limited Public Transport

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Strengths

Modern Infrastructure

The building features state-of-the-art design and facilities.

Tech Ecosystem

Located in a hub that fosters technology-driven businesses.

Green Spaces

Surrounded by landscaped areas promoting a pleasant work environment.

Weaknesses

High Rental Costs

Rental prices are on the higher side compared to other areas.

Traffic Congestion

Peak hours can experience heavy traffic affecting accessibility.

Limited Public Transport

Availability of public transport options is limited.

Considerations

Business Environment

Examine the business ecosystem for potential networking opportunities.

Long-Term Investment

Consider if the property aligns with long-term investment goals.

Community Engagement

Look into local community initiatives and events that can enhance company visibility.

Buildign Overview

Summary

Silicon Avenue is a modern residential development nestled in Dubai Silicon Oasis, a vibrant technology park and free zone.
The building offers easy access to essential facilities including shopping malls, parks, and schools, enhancing the living experience.
Nearby landmarks include the Dubai Silicon Oasis Headquarters and multiple tech-focused businesses.
Transportation options include well-connected roads, making commuting convenient, along with proximity to public transport facilities.

Properties Overview

Silicon Avenue features a mix of one, two, and three-bedroom apartments, catering to a diverse range of tenants and buyers.
Rental prices vary from AED 50,000 to AED 90,000 per year, while sales prices can range between AED 800,000 to AED 1.5 million.
The most sought-after units often offer stunning views and modern finishes, making them popular choices for residents.

Market Trends

The real estate market in Dubai Silicon Oasis has shown consistent growth, with rental prices incrementally rising over the last year.
Sales trends indicate a healthy market with an average return on investment (ROI) hovering around 7-10%.
Expectations for the upcoming year suggest further stabilization and potential increases in rental demand, particularly among expatriates.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents benefit from nearby supermarkets, like Al Maya Supermarket, as well as several schools including GEMS Wellington Academy.
Healthcare facilities such as the Dubai Silicon Oasis Clinic and several wellness centers provide accessible medical support.

Transportation and Accessibility

The community is well-connected to major highways, with abundant parking options available for residents and guests.
Public transportation access, including buses and taxis, ensures easy travel throughout Dubai, enhancing connectivity.

Lifestyle Amenities

Silicon Avenue boasts numerous lifestyle amenities such as state-of-the-art fitness centers, swimming pools, and children's play areas.
The surrounding area features chic restaurants, cafes, parks for relaxation, and recreational spots perfect for outdoor activities.

Builing Facilities

The building offers high-speed elevators, round-the-clock security, central air conditioning, and dedicated maintenance services.
Additional amenities include a lobby area and shared spaces for socializing or working.

Special Services

Residents can enjoy concierge services, guest assistance, and access to business centers for meetings and work-related needs.
Silicon Avenue also features unique community-driven programs that promote a friendly, neighborhood atmosphere.

Planning Your Move or Investment

Floor Plans and Property Types

A variety of adaptable floor plans are available, accommodating different preferences and family sizes.
Units are designed with modern aesthetics and functionality in mind, ensuring a comfortable living environment.

Things to Consider

A comprehensive checklist for potential tenants and buyers includes budget considerations, unit size, and proximity to schools and transport.
Evaluate additional costs, such as maintenance fees and utility expenses, to make informed decisions.

Useful FAQs and Support

Events and Building Life

Building Events

Regularly organized events, such as community gatherings and holiday celebrations, foster a sense of belonging among residents.
Networking opportunities are available for professionals living in the building, enhancing community engagement.

Community Identity

Silicon Avenue stands out for its commitment to modern living intertwined with technology, attracting a diverse and professional community.
The building's design reflects contemporary architectural aesthetics, contributing to the overall appeal and livability.

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Detailed Buiding Insights

1. Family Friendliness

Silicon Avenue offers a family-centric environment with numerous parks, recreational areas, and schools nearby that cater to children's needs.

Exceptionally Welcoming

2. Living Options

The area features a variety of living options including apartments and townhouses, suitable for different family sizes and income levels.

Broadly Diverse

3. Safety And Security

Silicon Avenue benefits from a well-maintained security infrastructure, including CCTV surveillance and controlled access, contributing to a high sense of safety.

Remarkably Secure

4. Transportation

While the area is well-connected by major highways and public transportation, traffic congestion during peak hours can impact travel times.

Moderately Convenient

5. Amenities And Facilities

Residents enjoy access to a range of amenities including shopping centers, gyms, and swimming pools, enhancing the overall living experience.

Richly Equipped

6. Cost Of Living

The cost of living in Silicon Avenue is moderate compared to other areas in Dubai, offering good value for the quality of life provided.

Relatively Balanced

7. Things To Do

There are plenty of activities available including parks, community events, and nearby cultural attractions, ensuring that there’s always something to do.

Vibrantly Diverse

8. Noise Levels

The neighborhood is predominantly quiet, with noise levels kept to a minimum due to its planned layout and green spaces.

Generally Peaceful

9. Pet Friendliness

Many properties allow pets, and there are ample walking areas and pet-friendly parks that support an active lifestyle for pet owners.

Warmly Accommodating

Schools

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Key Information

Developer: Silicon Avenue, Dubai Silicon Oasis

Building Type: Residential

Building Age: 14 years(completed by April 2010)

Unit Types : studio apartments and 1 and 2-bedroom apartments.

Floors: 6

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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