Mirage Residence is a nine-storey residential complex located in Dubai Silicon Oasis, an area that is home to many tech start-ups and commercial buildings. The project is part of Mirage Residences, a premium development from the developer Hamshari Group Investments.
There are a total of 126 residential units, including one- to three-bedroom apartments. Properties range in size from 900 sq. ft. to 2,500 sq. ft. and feature master bedrooms with ensuite bathrooms, spacious living rooms, fully equipped open kitchens, guest bathrooms, and balconies.
The annual rental rate for a one-bedroom apartment is AED 48,000 (USD 13,000). Two- and three-bedroom apartments are the most in-demand units among investors, and they have an annual rental rate that starts at AED 75,000 (USD 20,500).
The complex provides a variety of amenities and services, including:
Dubai Silicon Oasis is located near Sheikh Mohammed Bin Zayed Road, which provides easy access to other parts of the emirate.
There are several social and leisure facilities situated within a short walk of the apartments, including:
The complex is located within a short drive of many popular attractions, including:
For leisure activities, residents can go to Global Village situated within a 16-minute drive of the building, which features concerts, shows, and exhibitions. IMG Worlds of Adventure is one of the world’s largest indoor amusement parks, and it can be reached within a 20-minute drive. Dubai Miracle Garden is also situated within a short drive and features floral sculptures and large-scale installations with more than 50 million flowers.
Three-bedroom apartments in Dubai Silicon Oasis have a return on investment rate of 7.5%. One- and two-bedroom apartments have a return rate of 7.9%. Properties can be purchased to subsequently rent out, which can generate a passive income.
Mirage Residence is an ideal place for those looking for a comfortable living environment. From concierge services to swimming pools, the development offers a wide range of upscale amenities and services.
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