Property for Rent in Binghatti Gardens, Dubai

The Dubai Silicon Oasis (DSO), which was founded in 2004 and is entirely owned by the Government of Dubai, offers an integrated community for both housing and business. In addition to being a large corporate and residential community, Dubai Silicon Oasis is a free trade zone. It is among the most alluring locations in the UAE to establish a business. For IT, industrial, research, and development firms, it functions as a technology hub. Investors can easily find commercial property for rent in Dubai Silicon Oasis.

The Dubai Silicon Oasis Authority supports cutting-edge infrastructure, in-house business facilities, and advanced technology-based companies inside an urban master-planned neighbourhood. Acting as a fantastic bridge for working families and expats in Dubai yearning for a calm lifestyle.

Dubai Silicon Oasis, which spans 7.2 million square metres overall, is a city within a city,  which provides residents with a wide range of residential, commercial, and recreational opportunities to lead comfortable and fascinating lives. The area's technology park is also home to many young professionals and tech start-ups. One can find an assorted selection of properties for rent in Dubai Silicon Oasis. 

Dubai Silicon Oasis City Guide

Dubai Silicon Oasis is an ideal neighbourhood for residential living as well as commercial purposes. Given that the district is a tech hub for several start-ups, the area offers residential and commercial properties for rent in Dubai Silicon oasis. Investors and residents can find a multitude of houses for rent in Dubai Silicon Oasis with property types such as studios,villas, townhouses, and 3 bedroom apartments for rent in silicon oasis dubai. The provision of educational institutions and leisure amenities nearby defines the community as an ideal place to reside.

The community continues to grow and has upcoming houses for rent in Dubai Silicon Oasis. Expats prefer this locality as it is close to the city and, at the same time, offers a peaceful gated community. Professionals and students, likewise, prefer this locality solely for affordable rents and offices nearby. 

Demographics

Spread across 7.2 million square metres, more than 88,000 individuals live in Dubai Silicon Oasis, which is quickly approaching capacity. This district is home to expats, nuclear families, couples, students, and professionals. Given the diversity it offers, this district has individuals from all across the world. Dubai Silicon Oasis is a hub for tech start-ups, thus, following an influx of professionals from all over. 

Who Lives in Dubai Silicon Oasis/ Residents of Dubai Silicon Oasis

Prior to Emirates' decision to relocate staff housing to other neighbourhoods, the neighbourhood was a favourite among pilots' families. One of Dubai Silicon Oasis' key alluring features is the area's current value for investment in terms of location. The area has excellent access to several major thoroughfares, and both singles and families find the residential alternatives appealing.

Additionally, Dubai Silicon Oasis is a free trade zone, which increases its appeal as a place to live by allowing foreign residents to own their purchased properties outright. The diversity of nations at Dubai Silicon Oasis is unmatched. Due in part to the countless amenities, higher education possibilities, and convenient location of the region, it attracts a diverse group of countries and cultures looking for a balanced and pleasant lifestyle in Dubai.

Dubai Silicon Oasis is an ideal locality for families and young couples to settle in the city since it is composed of gated communities and apartment complexes that are teeming with amenities.

Property Types Available with Average Rent Price Trend

The UAE’s emphasis on enabling and supporting modern technology-based enterprises led to the establishment of Dubai Silicon Oasis. What initially served as a base for tech start-ups swiftly transformed into a multi-cultural residential neighbourhood that is a popular option for both tenants and home buyers in the UAE. The district provides a variety of alternatives for property for rent in Dubai Silicon Oasis, both residential and commercial. Additionally, it is a good choice if you're seeking affordable and opulent houses for rent in Dubai Silicon Oasis.

Silicon Oasis offers studio, 1 to 3-bedroom residential apartments, and villas for rent in Dubai Silicon Oasis. The two villa communities, Cedre and Semmer Villas provide alternatives for larger families such as 3 to 5-bedroom villas and townhouse properties for rent in Dubai Silicon Oasis.

The average rent price for studio and 1-bed apartments in Dubai Silicon Oasis ranges between AED 25,000 to AED 37,000 per annum. While the average rent price for 2 and 3-bed apartments is AED 58,000 and AED 79,000 per annum respectively. One can find 3 and 4-bed villas on rent for a starting price ranging from AED 130,000 to AED 136,000 per annum.

For a more spacious property, a 5-bed villa rent will be on an average of AED 167,000 per annum. Due to a myriad of factors, Dubai Silicon Oasis has grown to be a desirable neighbourhood. Residents and investors are drawn to the neighbourhood for a diverse range of reasons, including secluded villa communities, reasonable rentals, a town centre, and a wide choice of services close to their workplaces. For young families and professionals, it is one of the most sought-after communities due to the variety of apartments and villas available and the affordable rentals, especially for professionals working at the technology park. 

Apartments such as Silicon Gates, Binghatti Stars, or Palacio Towers offer studio properties for rent in Dubai Silicon Oasis. This district is ideal for international students as the neighbourhood offers low and affordable rents, an excellent location with nearby amenities, and a range of property types. The 3-bedroom apartments in Dubai Silicon Oasis have a 7.5% rental yield, which is the lowest percentage ever noted. The highest and maximum ROI of 7.9% is for 2-bedroom apartments for rent in dubai silicon oasis while studios and 1-bedroom apartments have 7.8% and 7.6% returns, respectively.

For those in need of additional space, Dubai Silicon Oasis offers villa rentals with 3 to 5- bedrooms. The houses for rent in Dubai Silicon Oasis are a part of gated communities, which provide a secure setting for families, especially with kids. 

The average rent price for studio apartments in Dubai Silicon Oasis is AED 25,000 per year. Contrarily, one-bedroom apartments for rent are AED 37,000. Additional choices include two-bedroom apartments, which rent for an average of AED 58,000. In Dubai Silicon Oasis, the average annual rent for 3-bed apartments is AED 79,000.

The average rent for 3 and 4-bed villas ranges from AED 130,000 to AED 136,000 per annum. For a more spacious property, a 5-bed villa's rent will be on average AED 167,000 per annum. 

The unit size of an apartment covers a carpet area ranging from 358 sq. ft. to 3,100 sq. ft. depending on the property type.

Lifestyle of Dubai Silicon Oasis

Families and young professionals searching for affordable, modern living in a self-sufficient community can explore the Dubai Silicon Oasis. The thriving town of DSO offers convenient access to Dubai's nearby neighbourhoods, such as Majan, Meydan, Liwan, and Warsan Village. The district offers a variety of residential options, including residential towers, villa communities, and a cutting-edge technological park. Young families find the area particularly alluring since it offers many amenities, such as supermarkets and restaurants. Students, young professionals, and families are drawn to this spectacular location to study and reside because of its proximity to Academic City, a hub for employment and education.

Local Scoop

In and around the neighbourhood of Dubai Silicon Oasis, one can find popular and notable attractions such as IMG Worlds of Adventure, Dubai Safari Park, Global Village, and Ras Al Khor Wildlife Sanctuary. Nearby attractions such as the Burj Khalifa, Ain Dubai, the Desert Safari, Meydan Racecourse, and The Dubai Mall are other well-liked hangouts close to the district.

Dubai Silicon Oasis offers parks, gymnasiums, luxury hotels, retail stores, restaurants and cafes, dance and music classes, and much more to enjoy leisure time with family and friends. 

Explore The Area

Schools and Universities

Numerous nursery schools, like British Orchard Nursery and Emirates British Nursery, have DSO's highest rating. Young children can enrol at GEMS Wellington Academy as well. It offers both the UK and IB curricula and is one of the best schools in the country. Additionally, two of the most renowned schools in and around DSO are Kings School Nad Al Sheba and GEMS Modern Academy. A brand-new school, Venus International School, offers the American curriculum up to Grade 5.

Due to its proximity to Academic City, which is home to multiple internationally renowned colleges, Dubai Silicon Oasis is convenient for students who are pursuing higher education. The closest options are Murdoch University in Dubai, Heriot-Watt University, and the University of Wollongong. In addition, the area is home to the Rochester Institute of Technology (RIT), a renowned New York-based university offering degrees in business and technology.

Restaurants and Cafes

Restaurants abound in this district, offering a variety of multi-cuisine options. Dubai Silicon Oasis includes burger joints such as Route E66 and Oregano Restaurant, as well as casual dining options such as Tichinos, Tomato & Basilico, and Oregano Restaurant.

Shopping Malls

Dubai Silicon Oasis offers a range of retail stores and shopping malls. The Cedre Villas and Semmer Villas Community Centre, which have Spinneys and other retail establishments, satisfy daily shopping needs. For those looking for a good offer, Dubai Outlet Mall is only a 13-minute drive away.  The Silicon Mall offers local and international retail stores and a family entertainment centre. Dubai Mall is 20 minutes away from the district. 

Nightlife

Dubai Silicon Oasis features upscale eateries, in-house bars, lounges, and nightclubs for residents, locals, and tourists to have a fantastic time. Mr. Toad's Pub & Kitchen at Premier Inn, OUI Bar + Terrace, Tapri, and The Larder at Radisson Blu are the most well-known spots in this district.

Commuters

The Silicon Oasis is situated off Sheikh Mohammed Bin Zayed Road (E311), which connects to important places inside and outside Dubai. The closest metro station to Dubai Silicon Oasis is Rashidiya Metro Station, which is located about 20 minutes away. To get to DSO, travel via public bus from Centerpoint Metro Station.

Driving from Dubai Silicon Oasis to Dubai Mall, Palm Jumeirah, and the Burj Al Arab will take you about 20 minutes, 30 minutes, and 29 minutes, respectively. The distance between Al Maktoum International Airport and Dubai International Airport (DXB) is around 37 minutes and 25 minutes, respectively, by car.

Bus lines 320, 321, 367, X25, and 50 shuttle around Dubai Silicon Oasis, and there are many bus stops in the neighbourhood with low wait times. Another alternative is to take a taxi, Uber, or Careem.