Lynx in Silicon Oasis - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Rents in Lynx

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	42	1,060	44,500
1	74	876	64,533

The cap rate (rental yield) of investments into Lynx project is 7.7% on average.

The price of an apartment in Lynx is 10,190 AED/sqm on average.

The long term rent of an apartment in Lynx is 927 AED/sqm/year on average.

Rent for Studio apartment in Lynx is 44,500 AED or 1,060 AED/sqm.
Rent for 1 bedroom apartment in Lynx is 64,533 AED or 876 AED/sqm.

About Lynx

'Lynx' in 'Silicon Oasis' area project description

The 'Lynx' project in Dubai's Silicon Oasis area epitomizes modern urban living, designed to cater to both the cosmopolitan lifestyle and the growing business ecosystem of this tech-centric district. Dubai Silicon Oasis (DSO) is a free zone known for its advanced technology infrastructure and a vibrant community, making it an ideal backdrop for such an innovative residential project.

Lynx is meticulously planned to offer a blend of apartment configurations, from cozy studios to spacious three-bedroom units, thereby addressing the diverse needs of singles, couples, and families alike. Each unit is characterized by contemporary architectural design, sleek finishes, and spacious layouts that maximize natural light and provide a sense of openness. High-quality materials, state-of-the-art appliances, and modern amenities elevate the living experience, fostering an environment of both comfort and sophistication.

The project also emphasizes community living with a wide array of shared facilities designed to cultivate social interaction and well-being. Residents can enjoy various recreational amenities such as swimming pools, fully-equipped fitness centers, and landscaped gardens. These spaces are not only for relaxation but also function as hubs for social gatherings and leisure activities, promoting a sense of community among residents.

Lynx’s strategic location within Silicon Oasis further amplifies its appeal. The area is a bustling commercial hub home to many tech companies and start-ups, which means excellent proximity to workplaces for many prospective residents. Additionally, the presence of educational institutions such as Dubai Silicon Oasis Authority (DSOA) and the nearby GEMS Wellington Academy ensures that families have access to top-tier educational facilities. Healthcare needs are well-catered for with several clinics and hospitals in the vicinity.

Transport connectivity is another strong suit of Lynx, with major roads like Sheikh Mohammed Bin Zayed Road and Al Ain Road providing seamless accessibility to other parts of Dubai. Public transportation options, including bus services, add an extra layer of convenience for daily commutes.

Retail and dining options abound within and around Silicon Oasis, further enhancing the lifestyle quotient of Lynx residents. From local groceries to international cuisine, the area offers a diverse spectrum of choices catering to different tastes and preferences. Nearby shopping centers like Silicon Central Mall provide leisure and entertainment options, ensuring that residents have a comprehensive lifestyle package right at their doorstep.

In summary, the Lynx project in Dubai Silicon Oasis stands out for its contemporary design, community-oriented amenities, strategic location, and excellent connectivity. It offers a well-rounded living experience tailored to the needs of modern urban dwellers, making it a highly desirable residential option in one of Dubai’s burgeoning districts.

Q&A on Lynx

What are the advantages of 'Lynx' project in Dubai for property buyers? What are the disadvantages?

Advantages:

1. Prime Location: Silicon Oasis is a free zone area strategically positioned, providing easy access to major highways such as Sheikh Mohammed Bin Zayed Road, making commuting convenient.
2. Technological Hub: As a technology park, Dubai Silicon Oasis attracts numerous tech companies, creating potential job opportunities and a high demand for housing in the area.
3. Modern Infrastructure: The Lynx project offers state-of-the-art facilities and modern amenities, including swimming pools, gyms, and landscaped gardens, enhancing the quality of living.
4. Educational Institutions: Proximity to reputed schools and universities like GEMS Wellington Academy makes it an appealing location for families.
5. Commercial Opportunities: With a mix of residential and commercial units, Lynx provides opportunities for both living and business investments.
6. ROI Potential: Due to high demand and relatively lower current property prices compared to other areas in Dubai, there is substantial potential for property value appreciation.

Disadvantages:

1. Construction Activity: Ongoing construction in and around Silicon Oasis might result in noise and dust, potentially causing inconvenience.
2. Traffic Congestion: As Silicon Oasis is developing rapidly, increasing traffic can lead to congestion during peak hours.
3. Limited Entertainment Options: Although amenities are improving, Silicon Oasis currently has fewer entertainment and dining options compared to more established areas like Downtown Dubai or the Marina.
4. Competitive Market: The area has a high supply of new developments, leading to competitive pricing, which might affect rental yields initially.
5. Secondary Market Perception: As a relatively new area, Silicon Oasis might be perceived less favorably compared to more established neighborhoods, affecting short-term resale values.
6. Dependency on Personal Transport: While public transportation is improving, currently, the area still relies heavily on personal vehicles, which might be a downside for those without private transport.

What projects are better than 'Lynx' project in Dubai which are located close by, and why?

1. Binghatti Stars:
- Quality: High-quality finishings, sustainable design.
- Amenities: Spacious pool, modern gym, children's play area.
- Location: Centrally located within Silicon Oasis, offering easy access to public transport and key business hubs.

2. Palace Towers:
- Value for Money: Competitive pricing with good ROI.
- Facilities: Includes retail shops, restaurants, cafes, large swimming pool, and fully-equipped gym.
- Community: Strong community feel with numerous events and gatherings.

3. Axis Residences:
- Modern Design: Contemporary architecture with high-end finishes.
- Diverse Layouts: Offers a variety of unit sizes to accommodate different family needs.
- Accessibility: Proximity to major highways and commercial centers.

4. La Vista Residence:
- Family-Friendly: Extensive landscaped gardens and dedicated play areas.
- Security: 24-hour security and maintenance services.
- Convenience: Nearby schools, healthcare facilities, and supermarkets.

5. Apricot Tower:
- Business-Oriented: Tailored for business professionals with state-of-the-art office spaces.
- Versatile Use: Mix of commercial and residential units.
- Networking Opportunities: Excellent for start-ups and small businesses due to its integrated setup.

Each of these projects offers distinct advantages in terms of quality, amenities, community, and location, making them preferred choices over the 'Lynx' project for various buyers and investors.

What are the closest schools to 'Lynx' project in Dubai?

GEMS Wellington Academy - Silicon Oasis: Located within Dubai Silicon Oasis, this British curriculum school offers education from FS1 to Year 13.

International Indian School: Also situated in Dubai Silicon Oasis, this school follows the Indian curriculum and provides education from Kindergarten to Grade 12.

GEMS Modern Academy: A short drive away in Nad Al Sheba 3, this school offers the Indian ICSE curriculum up to Grade 10 and ISC curriculum for Grades 11 and 12.

The Indian International School DSO: Located in Dubai Silicon Oasis, offering CBSE curriculum from Kindergarten through Grade 12.

Vernus International School Silicon Oasis: Situated within Dubai Silicon Oasis, this school follows the American curriculum from Pre-K to Grade 8.

Kings' School Nad Al Sheba: Approximately 15-20 minutes away by car, this school offers the British curriculum from FS1 to Year 13.

The Aquila School: Located in Dubailand, about a 15-minute drive, it offers the British curriculum from FS1 to Year 10.

Repton School Dubai: Located in Nad Al Sheba, this British curriculum school is a K-12 institution and is roughly a 15-20 minute drive.

Uptown International School: Situated in Mirdif, approximately a 20-25 minute drive, offering the International Baccalaureate (IB) curriculum from Pre-K to Grade 12.

What are the closest medical clinics to 'Lynx' project in Dubai?

- Aster Clinic: Located in the Cedre Shopping Centre, Dubai Silicon Oasis.
- AXA Medical Centre: Situated in the Le Solarium Building, Dubai Silicon Oasis.
- Medicure Poly Clinic: Found in the Apricot Tower, Dubai Silicon Oasis.
- Blue Tree Clinics: Located in the Dubai Silicon Oasis vicinity.
- Dr. Kamkar Medical & Physiotherapy Centre: Positioned near Silicon Oasis, in multiple locations throughout Dubai.

Would you like more information on any specific clinic?