Tulip Oasis 1 is a nine-storey residential complex located in Dubai Silicon Oasis, one of Dubai’s fastest-growing suburbs. It was designed by Proline Engineering Consultants, and construction was completed in 2013. Properties include one- to two-bedroom apartments that are available to buy and rent.
One-bedroom apartments cover an area of 900 sq. ft. and have an average price of AED 475,000 (USD 130,000). Layouts include master bedrooms, bathrooms, and kitchens.
Two-bedroom apartments cover an area of 1,400 sq. ft. and have a price of approximately AED 650,000 (USD 177,000). Layouts include bedrooms with ensuite bathrooms, spacious living rooms, and closed kitchens.
*The price is valid for 2021
The complex provides a variety of amenities and services, including:
Tulip Oasis 1 is located near several major thoroughfares, which provide direct links to other parts of the emirate. The nearest bus stop, Silicon Oasis SP Oasis 1, can be reached within a five-minute walk of the apartments.
For groceries and household goods, residents can shop at Tesco, Choithrams, Al Madina Mart, Al Maya Supermarket, which are situated within a five- to 10-minute walk of the building. Residents can choose from a selection of local restaurants. Big Bit Café serves Middle Eastern cuisine and is located within a 10-minute walk. Khwab Indian Restaurant and Pizza Sabbioni can be reached within a five-minute drive, and Mint Leaf of London, Tresind Dubai, and Carnival by Tresind are situated within a 10-minute drive.
The complex is located within a 15- to 20-minute drive of several popular destinations, including:
Properties in Dubai Silicon Oasis have a high return on investment rate. As a result, residential units are in demand among investors. Annual rental rates at Tulip Oasis 1 remain at AED 36,000 (USD 10,000), and properties have a return rate that ranges from 7% to 7.5%. The estimated payback period ranges from 13 to 14 years.
*The price is valid for 2021
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