Silicon Gate 1 in Silicon Oasis - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Silicon Gate 1

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	71	9,422	670,000
2	122	10,279	1,250,000

Rents in Silicon Gate 1

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	41	1,003	40,920
1	76	865	65,750

The cap rate (rental yield) of investments into Silicon Gate 1 project is 9.0% on average.

The price of an apartment in Silicon Gate 1 is 9,963 AED/sqm on average.

The long term rent of an apartment in Silicon Gate 1 is 900 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Silicon Gate 1 is 670,000 AED or 9,422 AED/sqm.
Price for completed 2 bedroom apartment in Silicon Gate 1 is 1,250,000 AED or 10,279 AED/sqm.

Rent for Studio apartment in Silicon Gate 1 is 40,920 AED or 1,003 AED/sqm.
Rent for 1 bedroom apartment in Silicon Gate 1 is 65,750 AED or 865 AED/sqm.

About Silicon Gate 1

'Silicon Gate 1' in 'Silicon Oasis' area project description

Silicon Gate 1 is a mixed-use development project located in Dubai, United Arab Emirates. The project is located in the heart of Dubai’s Silicon Oasis, a technology park and free zone. The project is being developed by Dubai Silicon Oasis Authority (DSOA) and is expected to be completed in 2021.

Silicon Gate 1 is a mixed-use development project that will include residential, commercial, and retail components. The project will feature two towers, one residential and one commercial, and will offer a total of 1,800 residential units. The residential tower will include studio, one-bedroom, two-bedroom, and three-bedroom apartments. The commercial tower will feature offices and retail space.

The project will also include a variety of amenities, such as a swimming pool, gym, sauna, steam room, and a children’s play area. There will also be a variety of restaurants and cafes located within the development.

The project is located in a prime location in Dubai, close to the Dubai International Airport and the Dubai World Trade Center. It is also close to a variety of shopping malls, restaurants, and other attractions.

The project is being developed with sustainability in mind. The towers will be built to LEED Gold standards and will feature energy-efficient lighting and air conditioning systems. The project will also feature a variety of green spaces, such as a rooftop garden and a park.

Silicon Gate 1 is an ambitious project that is expected to be a major success. The project is expected to provide a variety of residential, commercial, and retail options in a prime location in Dubai. The project is also being developed with sustainability in mind, making it an attractive option for those looking for a green and energy-efficient development.

Q&A on Silicon Gate 1

What are the advantages of 'Silicon Gate 1' project in Dubai for property buyers? What are the disadvantages?

1. Strategic Location: Silicon Gate 1 is located in the heart of Dubai Silicon Oasis, a free zone technology park. This prime location offers easy access to major highways, Dubai International Airport, and other key areas in the city.

2. Affordable Prices: Silicon Gate 1 offers competitively priced units and attractive payment plans, making it an ideal choice for real estate buyers on a budget.

3. High-Quality Amenities: The project features a range of high-end amenities, including a swimming pool, gym, and children’s play area.

4. Security: Silicon Gate 1 is equipped with 24-hour security, CCTV surveillance, and access control systems, providing peace of mind for residents.

5. Investment Potential: The project is expected to generate strong returns for investors, making it an attractive option for those looking to capitalize on the Dubai real estate market.

What projects are better than 'Silicon Gate 1' project in Dubai which are located close by, and why?

1. Spring Oasis Tower: This project offers a mix of residential apartments and has a modern design with high-quality finishes. The tower boasts amenities like a swimming pool, gymnasium, and retail outlets. It is known for its superior build quality and better views compared to Silicon Gate 1.

2. La Vista Residences: Known for its spacious apartments and superior amenities which include a state-of-the-art gym, sauna, and children's play area. The project emphasizes a family-friendly environment with more green spaces and recreational facilities.

3. Axis Residences: Comprising multiple buildings, Axis Residences offers well-planned apartments with extensive amenities such as a swimming pool, fitness center, and retail services. It is considered to have a better overall community feel and higher demand in the rental market.

4. Binghatti Pearls: Recognized for its architectural design and high-end finishes, this project provides residents with smart home technology features, a swimming pool, gym, and landscaped gardens. It stands out for its innovative design and modern conveniences.

5. Palace Towers: Features a mix of residential and office units with comprehensive facilities including a rooftop swimming pool, fully-equipped gym, and 24-hour security. Its mixed-use nature means residents benefit from having commercial amenities in close proximity, making it more convenient for working professionals.

6. Silicon Gates 4: The latest addition to the Silicon Gates development, this project benefits from newer construction standards, upgraded amenities, and improved layouts. It offers enhanced security features, larger living spaces, and better communal facilities compared to earlier phases.