Dubai Silicon Oasis has become one of the most affordable areas in the city at a time when real estate prices have increased significantly. In Dubai Silicon Oasis, the company Danube Properties announced an innovative project that allows more residential areas to have options that fit different budgets.
Dubai Silicon Oasis is one of the most vibrant neighborhoods in the city, featuring a free trade zone and a technology park where people can also live and have access to shopping centers, entertainment spaces, and luxury villas. Therefore, this area has opened up to new alternatives thanks to the push from Danube Properties, and middle-income residents will be able to achieve great returns.
What is the master plan of entrepreneurs in Dubai Silicon Oasis
The aforementioned company Danube Properties confirmed the construction of a line of flexible apartments in the well-known Timez project. Owners of some of these units will have the option to transform their studios into one-bedroom apartments, generating broad return rates for buyers and also increasing rental possibilities, which have been in high demand in Dubai over the past year.
This opportunity allows investors to have a unit that was initially purchased as a studio registered formally as a one-bedroom apartment, and a one-bedroom apartment as a two-bedroom. The values of these units start at 800,000 dirhams and will be completed only in 2028. Timez will be one of the tallest buildings in Silicon Oasis and will feature luxurious and eccentric details such as three clocks inspired by the Makkah Royal Clock Tower.
The possibilities of Dubai Silicon Oasis
Dubai Silicon Oasis is one of the preferred sites for new entrepreneurs in Dubai, encouraged by the demand for rentals and affordable prices. As highlighted by the representatives of Danube Properties, in this region land prices are 30 percent lower than in places like Business Bay and Downtown. For this reason, the company plans to launch between three and four new projects along the E11 corridor.
Danube specialists emphasize that the redevelopment works in Dubai, such as the Blue Line of the Metro and the upgrading of Dubai International Airport, are key factors making certain lands more sought after than others in the current landscape of the city. According to experts, the limited amount of land makes it difficult for them to sell and the presence of good buyers, so the existence of such projects is crucial for the emirate’s market.
Living in Dubai Silicon Oasis
This region was inaugurated in 2004 and occupies more than 7.2 million square meters. Its location is very important and is situated at the intersection of Dubai-Al Ain Road and Sheikh Mohammed Bin Zayed Road. According to Bayut specialists, this is an ideal place for those looking for a comprehensive community, with residential buildings and sub-neighborhoods. This is one of the best spaces to buy affordable housing, as demonstrated by projects like Timez.
The qualities of Dubai Silicon Oasis are essential for young professionals and families. Among its attractive advantages are its appealing spaces for tourism, and for luxury lovers, it also offers residential options with state-of-the-art facilities, in addition to gated villas. Being located near a technology park, this community facilitates businesses of this kind, making it an ideal place for such investors.
