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Dubai Silicon Oasis (DSO) is a government-owned free zone that encourages innovation and entrepreneurship in the technology sector. The DSO offers a unique environment for businesses to thrive, with many facilities and services. One of the best things about setting up a business in the DSO is the abundance of office space.
Many office buildings are for sale in Dubai Silicon Oasis, each offering a range of benefits for businesses. If you're looking for an office for sale in Dubai Silicon Oasis, keep reading to learn everything you need to know.
What Types of Offices Are in Dubai Silicon Oasis?
Dubai Silicon Oasis is a high-tech business park with different types of office spaces for sale. The area is home to various businesses, from start-ups and small firms to international companies. Whether you're starting or looking for premises to expand your business, Dubai Silicon Oasis has something to suit your needs.
The most popular type of offices in the area are serviced offices, which come fully furnished and ready for immediate occupation. These offices come with flexible terms so that you can move in and out quickly when needed, making them ideal for start-ups or businesses that may be expanding or downsizing. Serviced offices also provide additional benefits such as access to meeting rooms, reception services, and more.
Office suites are also available in Dubai Silicon Oasis, offering larger workspaces with private entrances and prestigious addresses. These spaces are more expensive than serviced offices but offer greater flexibility as they can be tailored to your specific requirements. Office suites often include extra features such as high-speed internet connections, dedicated parking spaces, and other amenities, depending on your chosen package.
What Are the Sale Price Trends for Offices in Dubai Silicon Oasis?
The sale price trends for offices in Dubai Silicon Oasis (DSO) have remained relatively stable over the past few years. According to data from Arabian Business, the average price of office space in DSO has been hovering around AED 5,500 per square foot since 2022. It is up slightly from 2021, when average office prices were closer to AED 4,800 per square foot.
One notable trend is that office prices in DSO tend to increase with size. Smaller offices of around 500 square feet can go for around AED 1,500 per square foot, while larger offices of up to 5,000 square feet can command much higher rates of AED 6,000+ per square foot.
In addition to size-based price increases, several other factors can affect the final sale price of an office in DSO. Location plays a major role – offices closer to popular attractions and public transportation hubs tend to be more expensive than those farther away. Similarly, buildings with better amenities like high-speed internet access or 24-hour security tend to fetch higher prices than those without these features.
What Are the Best Business Opportunities in Dubai Silicon Oasis?
The best business opportunities in Dubai Silicon Oasis depend on the type of business you intend to set up. Those looking to establish a tech start-up or digital media company may find that office spaces closer to the main technology park offer more flexibility and resource access than other areas. For businesses looking to acquire larger office spaces, plenty of options are available throughout DSO at competitive rates. Furthermore, DSO offers many incentives for new businesses, such as waived registration fees for certain types of companies, subsidized rents on select buildings, and easy access to government grants.
There are also some great investment opportunities in DSO for those interested in investing in property rather than running a business from it. The area has seen steady growth over the past few years with no signs of slowing down anytime soon; this makes it an attractive option for long-term investments and short-term rentals or flips. With its strategic location near key transportation links like Al Ain Road and Sheikh Zayed Road and its proximity to major attractions like Dubai Marina Mall and Jumeirah Beach Park, it's no wonder why so many investors are drawn to this area.
What Are the Reasons for Investing in Offices in Dubai Silicon Oasis?
Dubai Silicon Oasis is an attractive destination for businesses looking to invest in office space, offering various options for different types of companies. The free zone provides offices with access to world-class facilities, technology, and infrastructure, making it an ideal location for those wishing to shop in the region. Some key reasons investing in office space in Dubai Silicon Oasis can be beneficial include Strategic Location, Competitive Prices, Amenities, Technology Park, and Investment. Opportunity
What Are the Top Commercial Buildings in Dubai Silicon Oasis?
When looking at commercial buildings in Dubai Silicon Oasis, a few stand out for their quality and amenities. The DSO Business Park offers prime office space with easy access to the rest of the city via highways and public transportation. It also features a variety of services, such as high-speed internet, fully equipped meeting rooms, dedicated parking spaces, and much more. The tower is LEED certified and has a range of energy-efficient features, making it an environmentally friendly choice. Some other well-known commercial buildings are The Executive Tower, Building 7, and The Imperial Residence.