Description
We are pleased to announce the sale of this incredible twin tower apartment building set in the heart of Silicon Oasis, Dubai. Dubai Silicon Oasis (DSO) is a state-of-the-art technology park and free zone located at the intersection of Sheikh Mohammad Bin Zayed Road (E311) and Al Ain Road (E66), and next to Academic City. It is one of the only free zones in Dubai where you can live as well as work.
Dubai Silicon Oasis is an excellent location for families and young professionals looking for affordable, modern homes in a self-sufficient community, the area truly does cater to all lifestyles.
The Twin Tower boasts 10 retail shops, 8 duplex apartments, 240 studio apartments, 180 one-bedroom apartments, 60 one-bedroom plus study apartments, 16 two-bedroom apartments, 14 three-bedroom apartments, 15 penthouses and 710 Parking spaces, which is more than the required parking required by municipality.
• Plot 87,757.36 sqft
• BUA 915,109.21 sqft
• NSA Residential 470,780.37
• NSA Retail 28,773.20
• 3B + G + 15 + Penthouses & Com.Building
• 534 Apt + 10 Shops
• 240 STD, 180 1BR, 60 1BR + study, 16 2BR + Maids, 14 3BR, 16 Penthouses (1x 1BR, 2 x 2Br, 9 x 3BR, 4 x 4BR), 8 Ground floor Duplex (2 x 2BR, 4 x 3BR, 2 x 4BR)
• 710 Parking Spots
• 2 Pools, 2 Gyms, 1 Kids Play Area
*Grandiose supermarket (4 Shop space, 10 year lease agreement)
* Capital School (Renewable annual lease)
* Gems Academy (Renewable annual lease)
* ME Dubai (Hotel) (Renewable annual lease)
- Current occupancy is 82% with an income generation of AED 24 million
- Community fee (Variable based on RERA) AED 468,000
- Average new lease agreements each month is 18, new tenants.
With a built-up area of over 915,109 sq.ft, this one-of-a kind building is perfect for the discerning investor.
Book your viewing with us today.
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