Dubai is the top city in the Middle East for attracting high-tech companies and startups. Its appeal comes from a friendly tax system, straightforward business setup requirements, and various government support programs and incentives. In this article, we dive into Dubai’s own «Silicon Valley» – Dubai Silicon Oasis.
Best real estate offers
General overview
Back in 2003, Dubai's government made a game-changing decision to expand its free economic zone beyond the airport, creating a specialized district for startups, IT companies, and research centers. This led to the birth of Dubai Silicon Oasis – DSO, a high-tech hub spread across 6,6 km². The district’s design fuses classic Middle Eastern architecture with cutting-edge features like automated police stations, driverless taxis, and smart home-equipped residential complexes.
Fast forward to 2019, and Dubai Digital Park opened its doors here – Dubai’s pioneering «Smart City». It’s a vibrant mix of office spaces, smart apartments, trendy restaurants, and retail zones. Just next door, you'll find the Dubai Technology Entrepreneur Campus – Dtec, the largest tech innovation center in the Middle East and North Africa, acting as a powerhouse for startup acceleration.
Today, DSO is a buzzing community hosting thousands of companies, including big names like Jaguar Land Rover, Ricoh, Hyundai, Mitsubishi Electric, Wavetec, Fujitsu, Orange Business Services, and many more
Brief overview of developers in the area
In 2005, the Dubai government established the Dubai Silicon Oasis Authority, a developer responsible for the construction and development of the district. Under DSOA's management, over 5,000 companies have been attracted to the area, contributing positively to the emirate's economic diversification.
Resident insights
Residents speak highly of the district, praising its clean streets, safety, and robust infrastructure. Many opt for DSO due to the absence of large tourist crowds and comparatively lower rental prices. Locals do point out drawbacks such as high traffic during rush hours and the distance from beaches.
Advantages of DSO
Transport accessibility. Adjacent to the district runs the Sheikh Mohammed Bin Zayed road, the main artery facilitating swift access to any part of the city.
Developed infrastructure. Despite its business-oriented design, DSO boasts a well-developed living infrastructure. You don’t have to leave the area to visit a doctor, dine out, shop, or practice yoga – everything you need can be found within DSO.
Real estate. The majority of projects here are designed and built using state-of-the-art technologies, equipped with automated smart home systems. Additionally, real estate costs in Dubai Silicon Oasis are lower compared to other business districts like Business Bay or Downtown.
Infrastructure of the SEZ
Within DSO, several shopping centers thrive: Souk Extra beckons with boutiques, supermarkets, and dining spots, while the cozier Silicon Oasis Mall houses Carrefour for essentials and a food court for a quick bite.
Moreover, the district boasts over 80 cafes and restaurants catering to every palate: indulge in authentic Italian flavors at Pizza Sabbioni, savor pho or spring rolls at Saigon Station Restaurant, or treat yourself to a sushi feast at Miyabi Sushi Silicon Oasis.
For the fitness enthusiasts, DSO offers an array of options: from the UFC GYM Silicon Central for combat training to Nitro Gym and Fitness First for gym buffs, and yoga aficionados can find solace at Yoga Quest, Home of Chi, Skanda Yoga Center, or YOGA 365.
And for your healthcare needs, look no further than HealthHub Clinic, offering comprehensive checkups and access to specialized physicians.
Schools and family infrastructure
In DSO, families find two private schools: Gems Wellington Academy Silicon Oasis, following the British curriculum, and the American Venus International Primary School. The latter offers education in English, French, or Arabic, with a focus on nurturing each student's unique talents through individualized programs.
At Gems Wellington Academy, students have a plethora of extracurriculars to choose from: basketball, rugby, tennis, golf, gymnastics, swimming, volleyball, or performance arts at the Center of Excellence. For the little ones aged 3 and above, there's also an early learning program available.
Additionally, the area boasts British Orchard Nursery and Emirates British Nursery, both adhering to the British early years foundation stage curriculum.
Attractions
Worlds of Adventure IMG
A mere 10-minute drive from DSO lies the Worlds of Adventure IMG, a comic-themed amusement park. Dive into four distinct zones: IMG Boulevard, Cartoon Network, MARVEL, and The Lost Valley. Explore a haunted hotel, become a character in your favorite cartoon, or immerse yourself in the prehistoric world of dinosaurs on thrilling rides. Tickets cost $70 for adults and $66 for children.
Transportation accessibility
DSO benefits from a well-developed public transportation system, with buses offering connectivity within the district and to coastal destinations. A quick 20-minute drive will get you to DXB Airport, while the nearest beach is just half an hour away by car.
Business opportunities in Dubai Silicon Oasis
Within the free economic zone, you have the flexibility to establish four types of entities:
- Free Zone Establishment – FZE: A new company with a single shareholder.
- Free Zone Company – FZC: A new company with two or more shareholders.
- Branch of a foreign company: Extending the operations of a foreign entity.
- Branch of a UAE-registered company, outside DSO: Expanding the reach of a UAE-registered company, not within Dubai Silicon Oasis.
To set up either an FZE or FZC, a minimum share capital of $27,000 is required.
Permissible business activities encompass a wide range, including IT, engineering, electrical and electronics, consulting, legal services, biotechnology, finance, aerospace, automotive, oil and gas, alternative energy, logistics, design, trade, and marketing entrepreneurship.
Real estate options in the district
Tria
Tria is a 28-story residential complex consisting of three interconnected towers. You can choose from cozy studios, spacious 1-3 bedroom apartments, duplexes, luxurious penthouses, or podium townhouses. All units come with designer finishes, built-in appliances, and smart home systems.
The complex offers a wealth of amenities: relax in the private lounge with a bar, enjoy a family picnic at the barbecue area, or unwind in the shaded palm garden. For those who lead an active lifestyle, there’s a state-of-the-art gym and a dedicated yoga zone. After your workout, refresh yourself in the infinity swimming pool, which offers stunning views of Dubai Silicon Oasis.
Price: from $177,000.
Completion date: Q2 2025.
Best real estate offers
The Sanctuary
The Sanctuary is a collection of luxurious villas located in Mohammed Bin Rashid City, just a 10-15 minute drive from DSO. Here, you can buy properties with 4-6 bedrooms, each featuring designer finishes in one of four styles: The Escape, The Hideaway, The Oasis, and The Retreat. Every villa includes a private garden, a swimming pool, and a rooftop terrace, perfect for creating a relaxing space or an additional dining area for warm evenings with family and friends.
These residences are nestled in a private, gated community with charming courtyards and winding paths surrounded by lush greenery. Unwind on the pristine beach by the lagoon or have a picnic in the landscaped park with children’s play areas. For fitness enthusiasts, there's a clubhouse equipped with a modern fitness center.
Price: from $6,479,000.
Completion date: Q4 2025.
Brief overview of real estate purchase rules in Dubai
Once you've selected a property, you'll need to make a reservation payment of 10-15% of the property's value.
The developer will provide you with a «Booking Form» detailing your unit and an invoice for the payment.
The next step involves making the initial payment and paying a one-time 4% tax to the Land Department, which will issue you an OQOOD document – equivalent to a certificate of ownership for an under-construction property.
Following this, you'll need to sign the Sales and Purchase Agreement with the developer and continue making payments as the construction of your future home progresses.
FAQ
How much do apartments in Dubai Silicon Oasis cost?
Prices for apartments in Dubai Silicon Oasis start from $170,000.
Is it profitable to invest in DSO?
Yes, DSO is a promising location that attracts more companies and professionals each year. Renting out apartments long-term yields an average annual return of 6%. If you purchase property for resale, you can earn a return on investment of 20-30%.
How to choose apartments for investment?
Opt for studios and 1-bedroom apartments, as they are in the highest demand. Key factors include the view, quality of finishes, and nearby infrastructure.
Conclusion
Looking to buy an apartment in Dubai for living or investment? We can help. Simply visit the homepage of our website to explore dozens of current real estate listings in Dubai. Request a callback, and our experts will select the most suitable options for you and help you navigate all legal intricacies. With love and no commission.
