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Axis 1 Residence, Dubai Silicon Oasis

Axis 1 Residence, Dubai Silicon Oasis

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Strengths

Modern Architecture

Amenities Available

Community Environment

Weakens

Traffic Congestion

Limited Public Transport

Higher Rental Prices

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Description

Axis 1 Residence, Dubai Silicon Oasis

Real Estate Overview

Building Overview

  • Axis 1 Residence is a contemporary residential tower located in the technology and innovation hub of Dubai Silicon Oasis.
  • The building features a modern architectural design and is surrounded by landscaped gardens.
  • Nearby amenities include shopping centers, restaurants, schools, and parks.
  • The property benefits from excellent connectivity to major highways and public transport options.

Properties Overview

  • The building offers a variety of residential options, including 1, 2, and 3-bedroom apartments.
  • Popular units in Axis 1 Residence are known for their spacious layouts and stunning views of the surrounding landscape.
  • Rental prices in the building typically range from AED 45,000 to AED 90,000 per year, while sale prices can vary from AED 700,000 to AED 1,500,000.

Market Trends

  • The real estate market in Dubai Silicon Oasis has seen steady growth, with an increase in demand for rental properties.
  • Average rental yields in the area are around 7%, making it an attractive option for investors.
  • Given the area's development plans, property values are expected to rise in the coming years, further enhancing investment potential.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to essential services, including supermarkets, schools, and hospitals within a short distance.
  • Prominent educational institutions in the vicinity include GEMS Wellington Academy and Silicon Oasis School.
  • Healthcare facilities such as the Dubai Hospital and various clinics are within easy reach.

Transportation and Accessibility

  • Public transportation options include the Dubai Metro and multiple bus routes connecting to the wider city.
  • Ample parking space is available for residents, along with easy access to major roads like the Mohammed Bin Zayed Road.

Lifestyle Amenities

  • The building features top-notch lifestyle amenities, including a fitness center, swimming pool, and landscaped gardens for relaxation.
  • Dining options range from casual eateries to fine dining, all located within close proximity.

Builing Facilities

  • Axis 1 Residence is equipped with modern elevators, 24/7 security services, and central air conditioning.
  • Maintenance services are readily available to ensure a comfortable living environment for residents.

Special Services

  • Additional services include concierge support, guest accommodations, and business center facilities that cater to working professionals.

Planning Your Move or Investment

Floor Plans and Property Types

  • The building offers a variety of floor plans meticulously designed to meet diverse lifestyle needs.
  • Potential residents can choose from various layouts, ranging from compact units to more spacious family apartments.

Things to Consider

  • Consider proximity to workplaces, accessibility to public transport, and nearby lifestyle amenities when choosing a unit.
  • Review the homeowners association (HOA) fees, maintenance costs, and community rules before finalizing any decision.

Useful FAQs and Support

Events and Building Life

Building Events

  • Axis 1 Residence hosts regular community gatherings, fostering a sense of belonging among residents.
  • Special events are organized during festivals and holidays, providing opportunities for residents to socialize.

Community Identity

  • The building's unique architectural style and its community-focused amenities contribute to its distinguished identity within Dubai Silicon Oasis.
  • Residents enjoy a blend of comfort, modern living, and a vibrant lifestyle that sets Axis 1 Residence apart.

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Detailed Buiding Insights

1. Family Friendliness

Axis 1 Residence offers spacious apartments and family-friendly amenities, making it an ideal choice for families. The nearby parks and recreational areas enhance the community environment.

Family-Oriented

2. Living Options

The community provides a range of living options, from studio apartments to multi-bedroom units, catering to various family sizes and preferences.

Broadly Diverse

3. Safety And Security

Axis 1 Residence is equipped with state-of-the-art security systems and personnel, ensuring a safe environment for residents.

Exceptionally Secure

4. Transportation

While public transportation options are available, residents may find that having a personal vehicle enhances their commuting experience, as some locations may require longer travel times via public transport.

Moderately Convenient

5. Amenities And Facilities

The residence features impressive amenities, including a swimming pool, gym, and communal areas, which provide a well-rounded lifestyle for residents.

Richly Equipped

6. Cost Of Living

The cost of living is average compared to other areas in Dubai, providing good value considering the quality of living and amenities available.

Relatively Balanced

7. Things To Do

Within the vicinity, there are various entertainment and dining options, including malls and parks, ensuring residents have access to diverse recreational activities.

Vibrantly Diverse

8. Noise Levels

The community is primarily residential, leading to quieter surroundings, although minor noise from nearby roads can occasionally be experienced.

Generally Peaceful

9. Pet Friendliness

Axis 1 Residence is known for being pet-friendly, providing suitable areas and facilities for pets, which is a plus for pet owners.

Warmly Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Schools

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Local Information

Buy:

276.4K AED - 371.1K AED

Rent:

20.6K AED - 32.5K AED

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