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SIT Tower, Dubai Silicon Oasis

SIT Tower, Dubai Silicon Oasis

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Dubai Silicon Oasis, Dubai

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Strengths

Modern Design

Strategic Location

Amenities

Weakens

High Occupancy

Limited Parking

Maintenance Issues

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Buildign Overview

Summary

  • SIT Tower is a prominent commercial building situated in the heart of Dubai Silicon Oasis, renowned for its technological advancements and innovative business environment.
  • The tower is conveniently located near major highways, making it easily accessible from various parts of Dubai.
  • Nearby amenities include shopping malls, cafes, and restaurants, with Dubai Silicon Oasis providing a blend of residential and commercial spaces.
  • When compared to other nearby developments, SIT Tower stands out due to its modern architecture and comprehensive facilities.

Properties Overview

  • The building features a mix of office spaces and business setups tailored for various enterprises.
  • Rental prices for office spaces typically range from AED 60 to AED 120 per square foot, depending on the specific unit's size and location within the tower.
  • Units for sale can vary significantly, with prices often reflecting the demand for commercial properties in the area.

Market Trends

  • In the past year, both rental and sale prices in Dubai Silicon Oasis have shown steady growth, indicating a robust demand for commercial real estate.
  • Investors can expect an average ROI of around 7-10%, which is attractive for long-term investments in this tech-centric zone.
  • Future projections suggest continued growth in property values, fueled by ongoing developments and a rising number of startups.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • SIT Tower is located near several conveniences including supermarkets, schools, and healthcare facilities.
  • Key services include clinics and hospitals that cater to the health needs of employees and residents in the area.

Transportation and Accessibility

  • Excellent public transport connectivity is available, with metro stations and bus stops within a short distance.
  • Ample parking facilities are provided, ensuring ease of access for both employees and visitors.

Lifestyle Amenities

  • On-site amenities feature fitness centers, cafes, and restaurants, promoting a vibrant lifestyle for individuals working in the building.
  • Outdoor recreational areas and parks nearby offer space for relaxation and leisure activities.

Builing Facilities

  • SIT Tower is equipped with modern elevators, 24/7 security, and central air conditioning to ensure comfort and safety.
  • Regular maintenance services are provided to ensure the upkeep of the building and its facilities.

Special Services

  • The building offers concierge services and guest management, enhancing the experience for both occupants and visitors.
  • Business centers within SIT Tower allow for efficient meetings and corporate functions.

Planning Your Move or Investment

Floor Plans and Property Types

  • SIT Tower features diverse floor plans designed to accommodate various business needs, from small offices to expansive corporate spaces.
  • Options available cater to both short-term rentals and long-term lease agreements.

Things to Consider

  • Prospective tenants or buyers should evaluate factors such as office layout, proximity to clients, and overall costs.
  • It's important to assess the amenities and services available in and around the building to ensure they meet business requirements.

Useful FAQs and Support

Events and Building Life

Building Events

  • SIT Tower frequently hosts networking events, workshops, and corporate gatherings to foster community interaction among businesses.
  • These events create opportunities for collaboration and growth within the local business landscape.

Community Identity

  • The modern architecture of SIT Tower, combined with its focus on technology and innovation, contributes to its unique identity as an elite business hub.
  • Cultural events and recreational activities in the surrounding area enhance the overall workplace experience.

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Detailed Buiding Insights

1. Family Friendliness

SIT Tower offers family-oriented amenities such as parks nearby, schools within commuting distance, and safe communal areas.

Very Welcoming

2. Living Options

The tower includes a range of apartment sizes and layouts, catering to both families and individuals, though options are somewhat limited to residential units.

Moderately Diverse

3. Safety And Security

Equipped with 24/7 security personnel and surveillance systems, residents feel safe in their environment.

Highly Secure

4. Transportation

Located near major highways and public transport options, making commuting easy for residents.

Conveniently Accessible

5. Amenities And Facilities

Includes a modern gym, pool, business center, and retail facilities within easy reach.

Richly Equipped

6. Cost Of Living

While the tower offers a range of pricing options, it generally remains more affordable compared to similar developments in central Dubai.

Relatively Affordable

7. Things To Do

There are several entertainment options nearby, though options may be limited compared to more central locations.

Moderately Diverse

8. Noise Levels

Situated away from major traffic, most residents enjoy a calm living environment with minimal noise.

Generally Peaceful

9. Pet Friendliness

The community policies support pet ownership, with nearby parks available for pet walks.

Warmly Accommodating

Schools

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Key Information

Developer: Sit Tower

Building Type: Commercial

Building Age: 12 years(completed in 2012)

Length: 382

Unit Types : Grade A offices

Floors: 26

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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