SIT Tower is a 26-storey office complex located in Dubai Silicon Oasis. The building’s construction began in 2008, and it was commissioned in 2012.
There are a total of 382 commercial properties, including equipped offices, semi-equipped offices, move-in-ready offices, and segregated offices. Units vary in size and are available to buy and rent.
Shared offices are the cheapest option. Move-in-ready offices are offered with all of the necessary furniture and facilities to ensure an efficient workplace.
Offices have a minimum size of 79 sq. m (850 sq. ft.), and some units have bathrooms and storage rooms.
There are also offices that cover an area of 481 sq. m (5,178 sq. ft.), which are suitable for large companies.
The complex provides a variety of amenities and services, including:
Offices have a minimum size of 79 sq. m (850 sq. ft.) and a starting price of AED 648,000 (USD 176,000).
*The price is valid for 2021
SIT Tower is located near Sheikh Zayed Bin Hamdan Al Nahyan Street, which provides direct routes to other parts of the city. The nearest public transportation stop, DSO Operation Center 1, can be reached within a five-minute walk of the tower.
Amity University is situated within a 10-minute drive of the building. GEMS Wellington Academy is located within a five-minute drive. For groceries and household goods, tenants can shop at VIVA Supermarket, which can also be reached within a five-minute drive. There are several nearby restaurants and cafes. Saigon Station Vietnamese Restaurant is situated within a five-minute walk, and Cha Cha Chai and Starbucks are located within a 20-minute walk. IT Plaza Community Center can be reached within a five-minute drive.
Dubai Silicon Oasis is one of Dubnai’s most modern districts. Commercial complexes are home to local and international companies that primarily conduct business in the tech industry. The community has excellent transport accessibility, a convenient location, and a developed infrastructure. As a result, commercial real estate is in demand among tenants and investors. Offices in Dubai Silicon Oasis have a return on investment rate that ranges from 6% to 7%, which is considered to be a good indicator.
The annual rental rate for an office at SIT Tower starts at AED 70,000 (USD 19,000).
*The price is valid for 2021
Sign up for our weekly newsletter for market updates!