All about the many apartments for sale in Dubai Silicon Oasis
Dubai Silicon Oasis is a freehold, mixed purpose development in Dubai with the aim of being both a tech hub and family friendly community. The name stems from the use of silicon in the production of microchips which form the basis of much of today’s technology and oasis helps reinforce the message that this community is for living too.
As a freehold area, it means non UAE nationals can purchase property of which there are mostly apartments for sale in Dubai Silicon Oasis. The area first opened up in 2004 and was one of the earlier freehold areas which at one point was just some office buildings and 2 gated villa compounds, one of which was exclusively for Emirates Airline staff. Since then, the area has seen a huge influx of investors and buyers which in turn has hastened the introduction of more shops, dining options, cafes and even more apartment buildings.
Most apartments for sale in Dubai Silicon Oasis (often shortened to DSO or just Silicon Oasis) can be found in Spring Oasis, Le Presidium and Silicon Gates. In keeping with the area’s mixed business and family focus, there’s a range of smaller studio, 1 and 2 bedroom apartments which couples and young professionals find to be suitable as well as a larger 3 and 4 bedroom apartments for sale. The main people who tend to buy apartments in Silicon Oasis tend to be families while the smaller apartments are usually investment properties that are leased out.
Why should you consider an apartment for sale in DSO? It’s an all encompassing community, situated near major arterial roads and shopping districts like Dubai Mall and Dubai Festival City and also not a very long drive away from the Dubai International Airport. Due to the growing demand, amenities are being added to the area very quickly to facilitate growth and increase the attraction for potential residents. Families enjoy having quick access to many schools and nurseries nearby and if you work in Dubai Silicon Oasis, wouldn’t it be great to live just a short walk or drive away?
Dubai has different property ownership laws to other emirates and they are also very different to what one may be familiar with in other countries. So there is a great need to work with reputable, RERA registered agents in Dubai. Ideally if you can find an agent who specialises in apartment sales in DSO, it will work greatly in your favour. Anyone who buys property in Dubai that is valued at a million AED or more on the purchase date is potentially eligible for a UAE residency visa however this is not a firm guarantee and needs the help of an immigration/legal professional.