Silicon Gates 2, Dubai Silicon Oasis

Dubai Silicon Oasis, Dubai

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Strengths

Modern Infrastructure

Strategic Location

Community Amenities

Weakens

Traffic Congestion

Limited Public Transport

Higher Rental Costs

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Strengths

Modern Infrastructure

The building features state-of-the-art facilities and contemporary design.

Strategic Location

Located within Dubai Silicon Oasis, it offers easy access to major highways and business districts.

Community Amenities

The surrounding area includes parks, retail, and dining options, creating a vibrant community.

Weaknesses

Traffic Congestion

Peak hours can lead to significant traffic delays in and around the area.

Limited Public Transport

Access to public transportation options is limited, making commuting a challenge.

Higher Rental Costs

Rental prices can be above average compared to similar buildings in the area.

Considerations

Investment Opportunities

The area is rapidly developing, which may increase property values over time.

Ecosystem of Technology Companies

Being part of Dubai Silicon Oasis provides networking opportunities with tech companies.

Potential for Future Developments

Ongoing improvements in infrastructure may enhance accessibility and services.

Buildign Overview

Summary

Silicon Gates 2 is a modern residential building located in the thriving tech hub of Dubai Silicon Oasis.
It's strategically positioned near essential amenities, including shopping centers, schools, and recreational parks.
This building stands alongside other residential developments, offering a unique blend of comfort and advanced living.
The area boasts excellent infrastructure with easy access to major highways and public transport options.

Properties Overview

The building features a range of residential units, including studio apartments, one-bedroom, and two-bedroom layouts, catering to various lifestyle needs.
Rental prices in Silicon Gates 2 typically range from AED 40,000 to AED 85,000 per year, depending on unit size and amenities.
Units for sale vary significantly, with prices starting from AED 500,000, making it an attractive investment for both homebuyers and investors.

Market Trends

The real estate market in Dubai Silicon Oasis has shown a steady increase in rental prices over the past year, with an approximate rise of 5%.
Sales activity is also on the upswing, with a forecasted annual growth rate of 7% for the upcoming year, indicating a healthy market environment.
Investors can anticipate robust returns on investment (ROI), averaging around 7% annually due to high demand and limited supply.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents benefit from proximity to several supermarkets, schools, and healthcare facilities, enhancing the convenience of living in Silicon Gates 2.
Reputable educational institutions and clinics are a short drive away, ensuring a family-friendly environment.

Transportation and Accessibility

The building offers easy access to major roadways, with public transport options within walking distance.
Ample parking spaces are available for residents and their visitors, enhancing accessibility.

Lifestyle Amenities

Silicon Gates 2 is equipped with a variety of lifestyle amenities, including fitness centers, swimming pools, and landscaped gardens.
A selection of restaurants and cafes exists in the vicinity, providing diverse dining options for residents.

Builing Facilities

Key facilities include high-speed elevators, 24/7 security services, centralized air conditioning, and regular maintenance to ensure residents' comfort and safety.

Special Services

Enhanced services such as concierge assistance and guest reception enhance the living experience, making Silicon Gates 2 a desirable place to call home.

Planning Your Move or Investment

Floor Plans and Property Types

The building offers various floor plans, including open layouts for studios and well-defined spaces for larger apartments that cater to different lifestyle choices.

Things to Consider

Potential tenants and buyers should consider factors such as budget, lifestyle preferences, and proximity to workplaces or schools before making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

Residents can engage in community events and gatherings, promoting a strong sense of camaraderie and belonging within the building.

Community Identity

Silicon Gates 2 is recognized for its contemporary architecture and commitment to sustainability, making it a sought-after residence in Dubai.

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Detailed Buiding Insights

1. Family Friendliness

Silicon Gates 2 offers a friendly atmosphere for families, with parks and recreational areas nearby, making it ideal for children and family activities.

Exceptionally Welcoming

2. Living Options

The community features a range of living options, including apartments and townhouses, catering to various family sizes and budgets.

Diverse and Affordable

3. Safety And Security

The community benefits from 24/7 security services and surveillance, which provide residents with peace of mind regarding safety.

Highly Secure

4. Transportation

Well-connected by public transport and major highways, residents can easily access other parts of Dubai without significant travel time.

Conveniently Accessible

5. Amenities And Facilities

The community boasts various amenities, including swimming pools, gyms, and community centers, enhancing the quality of life for residents.

Richly Equipped

6. Cost Of Living

While prices are competitive compared to other areas in Dubai, the cost of living is balanced with the quality of amenities and services offered.

Relatively Balanced

7. Things To Do

A variety of entertainment options, including shopping malls, restaurants, and parks, ensure there’s always something to do within the community.

Vibrantly Diverse

8. Noise Levels

The community is designed with quiet residential areas, providing a serene living environment while still being close to urban conveniences.

Generally Peaceful

9. Pet Friendliness

Many properties in Silicon Gates 2 allow pets, and there are several pet-friendly parks, making it a suitable choice for pet owners.

Warmly Accommodating

Schools

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Key Information

Developer: Time Properties

Building Type: Residential

Building Age: 13 years(completed in 2011)

Unit Types : Studio, 1, 2 and 3-bedroom apartments and 4-bedroom penthouses

Floors: 10

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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