Silicon Heights in Silicon Oasis - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Silicon Heights

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	45	7,745	350,000

Rents in Silicon Heights

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	46	835	38,000
1	93	645	60,000

The cap rate (rental yield) of investments into Silicon Heights project is 9.3% on average.

The price of an apartment in Silicon Heights is 7,745 AED/sqm on average.

The long term rent of an apartment in Silicon Heights is 739 AED/sqm/year on average.

Price for completed Studio apartment in Silicon Heights is 350,000 AED or 7,745 AED/sqm.

Rent for Studio apartment in Silicon Heights is 38,000 AED or 835 AED/sqm.
Rent for 1 bedroom apartment in Silicon Heights is 60,000 AED or 645 AED/sqm.

About Silicon Heights

'Silicon Heights' in 'Silicon Oasis' area project description

Silicon Heights is a residential project located within the Dubai Silicon Oasis, a community known for its high-tech ecosystem and vibrant living environment. This project is developed with a blend of modern architecture and functional design, aiming to offer residents a comfortable and contemporary lifestyle.

The Dubai Silicon Oasis area is strategically positioned to provide easy access to major highways such as Sheikh Mohammed Bin Zayed Road and Al Ain Road, making Silicon Heights a convenient choice for those who commute to various parts of Dubai. The project is well-connected and provides residents with quick and hassle-free access to key business and leisure hubs.

Silicon Heights boasts a range of residential units, including studios, one-bedroom, and two-bedroom apartments. These units are thoughtfully designed to maximize space utilization and offer ample natural light, catering to the needs of both singles and families. The interiors are finished with high-quality materials, adding a touch of luxury to the everyday living experience. Attention to detail is evident in every aspect of the apartments, from the sleek kitchen fittings to the sophisticated bathroom fixtures.

Amenities within Silicon Heights are designed to enhance the residents' quality of life. The development includes a state-of-the-art fitness center, swimming pool, and beautifully landscaped gardens. There is also a children's play area, ensuring that the younger residents have a space to enjoy. The building is equipped with high-speed elevators, 24-hour security, and a concierge service, providing a seamless living experience to its residents. Moreover, there is ample parking space available to accommodate the needs of the residents and their guests.

The surrounding community of Dubai Silicon Oasis is a hub for technology and innovation, housing numerous tech parks, commercial spaces, and educational institutions. This makes Silicon Heights an ideal residence for professionals working in the tech industry or for families who value education and innovation. The area is also home to a variety of retail outlets, dining options, and leisure facilities, ensuring that residents have access to all necessary conveniences within close proximity.

Recreational options abound in the vicinity, from parks and playgrounds to sports complexes and shopping centers. The community fosters a sense of belonging and community spirit, often organizing events and activities that bring residents together.

Overall, Silicon Heights in Dubai Silicon Oasis presents an appealing blend of modern living spaces, comprehensive amenities, and a tech-centric community. It offers a balanced lifestyle with easy access to work, education, and recreation, making it a desirable location for a wide range of residents.

Q&A on Silicon Heights

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

Advantages:

1. Strategic Location: Situated in Dubai Silicon Oasis, Silicon Heights offers easy access to key areas of Dubai such as Downtown Dubai, Dubai Internet City, and Dubai International Airport.

2. Modern Infrastructure: The project features contemporary architecture and amenities catering to a tech-savvy community, including smart home systems and high-speed internet.

3. Amenities: Residents can enjoy top-notch facilities like swimming pools, fitness centers, children’s play areas, and landscaped gardens.

4. Affordability: Compared to other prime areas in Dubai, the property prices in Silicon Oasis tend to be more competitive, making it an attractive option for first-time buyers and investors.

5. Educational Institutions: Proximity to reputed schools and universities, including GEMS Wellington Academy and Dubai Silicon Oasis Authority's Rochester Institute of Technology, is a significant plus for families.

6. Employment Opportunities: Being a tech hub, Dubai Silicon Oasis offers numerous job opportunities, especially within the technology and engineering sectors.

7. Community Living: Silicon Heights fosters a strong sense of community with numerous social and cultural events, retail outlets, and dining options.

8. Future Growth Potential: With ongoing development and investment in Dubai Silicon Oasis, property values are expected to appreciate over time.

Disadvantages:

1. Traffic Congestion: While access to major highways is convenient, peak-hour traffic congestion can pose a challenge, making commutes longer than anticipated.

2. Limited Public Transport Options: Compared to other areas of Dubai, public transportation in Silicon Oasis is not as robust, which may necessitate owning a vehicle.

3. Construction Noise: Ongoing development in Dubai Silicon Oasis could lead to construction noise and temporary disruptions, affecting quality of life.

4. Neighborhood Maturity: As a relatively new area, Silicon Oasis may lack the vibrancy and variety of established communities, which could be a drawback for some residents.

5. Climate: The area’s inland location might result in higher temperatures and lower humidity compared to coastal areas, potentially impacting outdoor activities.

6. Rental Market: Due to the availability of new projects, there might be higher rental competition, which can affect rental yields for investors.

7. Service Charges: Maintenance and service charges for high-end amenities may be higher, impacting the overall cost of ownership.

8. Retail and Entertainment Options: Although expanding, the area still has fewer retail and entertainment options compared to established neighborhoods like Downtown Dubai or Dubai Marina.

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

Binghatti Stars: Known for its unique architectural design and high-quality finishes. Offers various amenities, including a temperature-controlled swimming pool, fully equipped gym, and children's play area.

Palace Towers: Established community with residential and office units. Features include a swimming pool, gymnasium, and ground-floor retail outlets for added convenience.

La Vista Residence: Popular for its affordable pricing and decent quality. Offers various facilities including a swimming pool, gym, and covered parking. Ideal for families and professionals.

Spring Oasis: Offers spacious apartments with large balconies. Amenities include a rooftop swimming pool, well-equipped gym, sauna, and steam rooms. High-quality finishes and excellent build quality.

The Apricot: Business-centric property with good proximity to shops, cafes, and essential services. Ideal for professionals looking for a blend of work and leisure amenities.

Axis Residences: Offers a range of well-designed apartments with modern amenities like a gym, swimming pool, and 24-hour security. Proximity to educational institutions makes it appealing for families.

Arabian Gate: Known for higher quality finishes and a wide range of amenities including large swimming pools, high-tech fitness centers, and multi-functional rooms. Offers a premium living experience.

Cordoba Palace: Focuses on Hispanic themes and designs. Residential apartments come with spacious layouts, high-quality finishes, and a range of amenities including swimming pools, gyms, and secure parking.

What are the closest schools to 'Silicon Heights' project in Dubai?

- GEMS Wellington Academy: Located in Dubai Silicon Oasis, it is a short drive from Silicon Heights.
- International School of Creative Science: Positioned within Dubai Silicon Oasis, offering easy accessibility.
- Repton School Dubai: Situated in Nad Al Sheba, approximately a 15-minute drive from the Silicon Oasis area.
- Indian International School: Located in Dubai Silicon Oasis, providing close educational options for residents.
- Vernus International School: Positioned within the Dubai Silicon Oasis community, adding to the convenience.

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

-German Medical Center: located in the LYNX Tower, Dubai Silicon Oasis.
-Aster Clinic: situated in Cedre Villas area, Dubai Silicon Oasis.
-Oasis Medical Center: located in Le Solarium Tower, Dubai Silicon Oasis.
-Medicure Polyclinic: positioned in the SIT Tower, Dubai Silicon Oasis.