Dubai Silicon Oasis (DSO) is a technological innovation hub and a modern infrastructure. The central business hub of this flourishing business area is the Apricot Tower; a legendary business building that features both offices, showrooms, and other business-friendly areas. The Apricot Tower offers an incomparable ambiance in the high-tech environment of Dubai, whether you are a startup in need of the most appropriate office space or an investor in need of a lucrative real estate opportunity.
This paper is going to discuss the Apricot Tower in more detail covering the same including its location, facility, investment opportunity and why it has come to be a favorite among business groups in Dubai.
The Knowledge of Dubai Silicon Oasis
The Dubai Silicon Oasis (DSO) is an integrated free zone, which encourages research and development and technology. The space is going to be an ideal combination of residential, commercial as well as industrial space. Dubai has emerged as a major force in its bid to diversify its economy independent of oil and gas, and into high-tech sectors such as IT, electronics, and telecommunications with DSO being one of its principal players due to its superior infrastructure and state-of-the-art facilities.
DSO is the host to a number of multinational corporations, domestic businesses, and research centers, which have enabled it to be one of the most desired business locations in Dubai. It has 24/7 connectivity, fast internet, and the best facilities and hence is the best place to establish a business in any area such as technology, finance, and professional services.
Apricot Tower is a perfect fit in this ecosystem and a place where businesses could prosper with a modern and flexible environment at the core of DSO.
Location and Accessibility
The advantage of Apricot Tower is that it is located in the Dubai Silicon Oasis that is strategically located in major parts of the city. DSO will be well connected to key highways, and businesses and employees will find it easy to move to and out of the region.
Connectivity
- Dubai International Airport: This is only 15-20 minutes away, thus easily reachable for international business activities.
- Sheikh Mohammed Bin Zayed Road: This is one of the main roads that link DSO to other areas in Dubai such as Downtown Dubai and Dubai Marina.
Transportation
There is good transport accessibility in the area, and a number of buses serve the area, and they pass through DSO, thus providing easy access to employees who do not drive.
Besides the great connection, being situated in DSO, the Applicant Tower can be included in the successful ecosystem of companies specializing in technologies, research centers, and startups.
Apricot Tower Essential Info
The Apricot Tower is a luxury commercial tower in Dubai Silicon Oasis. It is a multi-storey office park that provides businesses with numerous diverse and adaptable office accommodations. The Apricot Tower is designed with functionality and aesthetics in consideration and as such, it has a blend of both modern design and state-of-the-art infrastructure, thus becoming a favorite choice among companies that prefer to have their presence in the location.
- Property Type: Office and showroom.
- Construction: The tower will consist of a few storeys of office spaces, and the ground floor will have showrooms and retail shops.
- Developer: The tower has been developed with the vision of developing an environment that is business-friendly, which sparks innovation and collaboration.
Types and Specifications of Units
Apricot Tower provides a variety of business premises, which can fit various businesses. The tower offers personalized office designs that can be adapted to fit any business despite its size: small startup, small SME, or big company.
Office Spaces
- Size Choices: The building has offices of different sizes that include small units that can accommodate startups and bigger suites that can accommodate bigger businesses.
- Configurations: The offices are usually offered in the shell-and-core condition where the tenants are given the freedom to tailor their spaces in line with their requirements. There are also fully fitted options of some offices that can be occupied at any given time.
- Facilities: The offices have some of the basic amenities like air conditioning, high-speed internet connectivity, and plenty of natural light to ensure a comfortable and productive working environment.
Showrooms
Apricot Tower ground floor is devoted to showrooms so that it becomes a great opportunity to find people interested in displaying their products or services to passers-by and visitors to DSO.
Facilities and Infrastructure Features
Apricot Tower is a building that boasts a wide array of modern facilities and services that makes sure that the tenants are able to enjoy high standards of living and doing business. The following will be some of the highlights:
High-Speed Elevators
Stylish elevator: Modern elevators with high speed are employed in the building to provide a convenient and efficient movement within the building.
24/7 Security
Security guards are available 24 hours a day, 7 days a week which offers a safe and secure atmosphere in the building to the tenants and the visitors.
Parking
The tower has a large parking area which is convenient for the employees and clients.
Maintenance Services
Routine building maintenance services will ensure that all facilities are maintained in the best condition possible, enabling businesses to serve their purpose without being troubled by the problems of the infrastructure.
Retail Outlets and F&B
The first floor of the Apricot Tower has retail areas, where the tenants will have access to cafes and restaurants among other important services.
In addition, the strategic location of the Applicant Tower in DSO will also guarantee that the tower is in proximity to a large variety of other facilities, such as:
- Healthcare facilities
- Educational institutions
- Recreational facilities and recreational centers.
Investment and Market Perspective
Dubai Silicon Oasis is the real estate destination that is the most appealing to invest in, and Apricot Tower provides the best chances to tenants and investors.
Rental and Purchase Prices
Offices: Rent in Apricot Tower is competitive with those of other commercial buildings in Dubai, so it will be an attractive site for businesses that will be willing to rent office space in the city. The prices are different according to the size and condition of the office, shell-and-core office is normally cheaper than the fully fitted office.
Investment Potential
As DSO continues to grow and develop, there will be a lot of investment potential in the Apricot Tower. The region is fast turning into a technology and innovation center, and with the increasing number of businesses located in DSO, the demand for offices in such buildings as the Apricot Tower may grow.
Apricot Tower can be an attractive investment by investors who seek long-term returns as it is strategically positioned, well-furnished, and has a high demand among companies in Dubai.
Advantages and Disadvantages: Who Will Be Interested in Apricot Tower?
Pros
- Good Location: The positioning of the Apricot Tower in Dubai Silicon Oasis gives businesses easy access to major roads, airports, and transportation thus excellent connections.
- Flexible Workspaces: This is suitable for businesses of any type and size due to the variety of sizes and forms of the office space.
- Contemporary Fittings: Apricot Tower will offer high living and working standards in terms of high-speed lifts, 24/7 security, and parking space.
- Retail and Dining: Retail outlets and restaurants are available on the first floor, which makes the situation more convenient for tenants.
Cons
- Competition: Being a business hub of popularity, DSO has an assortment of commercial buildings with office space, and therefore, the competition in the area is moderate.
- Minimal Residential Dwellings: Apricot Tower is strictly a commercial tower, thus the building might not fit well with businesses that are interested in offering residential dwellings to their employees on location.
Handy Tips on How to Be a Successful Tenant and Investor
To two companies that might be planning to locate their new offices at Apricot Tower, it is necessary to:
Assess Space Requirements
Determine your space requirements and the extent of space you require to carry out business and the type of office that is required; shell-and-core or full-fitted.
Check Accurate Internet and Telecom
This is to check the internet and telecom services in the building to ensure that they meet the needs of operations in your business.
Learn the Local Market
Learn more about the local business environment in Dubai Silicon Oasis to make sure that the business will take advantage of the rising ecosystem of tech companies and startups.
The long-term growth prospects of Dubai Silicon Oasis and the demand for office space in the region should also be considered by investors willing to purchase or rent the office space.
Conclusion
Apricot Tower in Dubai Silicon Oasis is one of the promising ventures both to businesses and investors. It offers the best conditions for companies to grow and prosper with its strategic location, modern facilities, and flexible offices. Whether it be for renting office space to start your business or to make a long-lasting investment, Apricot Tower has all you require to start up.
Dubai Silicon Oasis remains one of the major stakeholders in the Dubai business environment, and Apricot Tower is leading in the dynamic and fast-growing sector. The tower offers modern infrastructure and competitive pricing, which is why it is a good option in the selection of businesses wishing to settle in one of the most promising commercial areas of Dubai.
FAQ’s
What is Apricot Tower, Dubai Silicon Oasis?
Apricot Tower is a business office tower situated in Dubai Silicon Oasis and provides customized office rooms, exhibition rooms, and shopping centers that suit companies of any size.
What kind of spaces are offered in Apricot Tower?
Apricot Tower provides office areas in shell-and-core and fully fitted with retail areas on the ground floor for showrooms and businesses.
Where is the Apricot Tower?
Apricot Tower lies in the Dubai Silicon Oasis, which provides easy access to the major roads, Dubai International Airport, and other important sections of the city.
Is Apricot Tower fit for startups?
Yes, Apricot Tower has flexible offices and low-cost rents; hence, it is best suited to startups and small businesses.
What facilities does Apricot Tower have?
The tower has high-speed elevators, 24/7 security, ample parking, maintenance facilities, and retail outlets with food options.
What is the distance between Apricot Tower and Dubai International Airport?
The location of Apricot Tower is about 15-20 minutes away from Dubai International Airport, which is convenient for international business.
Can I invest in Apricot Tower?
Yes, Apricot Tower is a good place to invest and rent at a competitive rate with a prospect of achieving capital gains in the long term as Dubai Silicon Oasis expands.
Is Apricot Tower well connected?
Yes, Apricot Tower has a good highway network, and major highways such as Sheikh Mohammed Bin Zayed Road are easily accessible, as well as public transport.
Do you have retail outlets in Apricot Tower?
Yes, the retail outlets on the ground floor of Apricot Tower include cafes, restaurants, and other services for tenants and visitors.
How expensive are the rental prices within Apricot Tower?
The cost of rent is determined by the size and condition of the office area, where a shell-and-core office would be less expensive than a fully furnished one.
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