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Apricot

UAE > Dubai > Dubai Silicon Oasis(DSO) > Apricot

Details

Title :

Apricot

Type :

Lease Hold

Project Number :

N/A

Completion Status :

Completed/Ready

Life Cycle :

N/A

Master Development :

Dubai Silicon Oasis(DSO)

Plot Number :

1068-0

Project Configuration :

N/A

Number Of Units :

220

Number Of Sold Units :

N/A

Number Of Remaining Units :

N/A

Number Of Floor :

15

Plot Area :

27,556 Square Feet

Built Up Area :

N/A

Status Percentage :

100

Launch Date :

N/A

Registration Date :

08-Nov-2008

Construction Started Date :

21-Apr-2008

Anticipated Completion Date :

25-Aug-2011

Cost Consultants :

N/A

Piling Contractors :

N/A

Handover Date :

N/A

Main Contractors :

N/A

Sub Contractors :

N/A

Architects :

N/A

MEP Contractors :

N/A

Project Managers :

N/A

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Special Classifications




Description

Apricot

In Dubai, Silicon Oasis, there is a business complex called the Apricot Tower. Meraas Holdings developed the building in 2009. It is approximately 61 meters high and has 15 stories above ground. It has 220 offices and showrooms with all the amenities of a modern facility, including a gym and swimming pool. The building is close to Dubai Outsource Zone and Emirates Road.

The community of Dubai Silicon Oasis is mixed-use. It has good access to the rest of the city because it is near Sheikh Mohammed Bin Zayed Road (E311). It is an excellent choice for people who wish to achieve a healthy work-life balance and offers gated communities as well. Dubai Silicon Oasis is near some popular tourist destinations, including IMG Worlds.

In a Nutshell

  • Type of building: Commercial
  • Location: Dubai Silicon Oasis
  • Developer: Meraas Holdings
  • Number of floors: 15 stories
  • Unit type: Shell-and-core and fitted offices

Properties in The Apricot 
The ground floor of the building is covered with showrooms, while the rest of the building provides offices. Most of the offices come with community-facing balconies. All the offices are different from each other in terms of their space, type, area, location, and amenities offered to them.

There are a few types of offices in The Apricot:
  • Shell-and-core offices
  • Fitted offices
Non-fitted property units are known as shell-and-core offices. Put differently, both landlords and tenants have the option to select the office finishes and fixtures. Fitted offices are available for immediate use; these are high-end, luxurious apartments.

Offices in The Apricot 
  • The Apricot Tower is a popular commercial building in Dubai Silicon Oasis to buy or rent an office. The office in The Apricot has an area of around 283 sq. ft. to 2373 sq. ft. with rental prices of approximately AED 20k to AED 95k. Most of the offices provide a separate kitchen and washroom. Offices with balconies provide a great view of the neighboring buildings as well as Dubai Silicon Oasis.
  • Rent for a shell-and-core office is around AED 40k for 1551 sq. ft. and goes up to approximately AED 95k for 2373 sq. ft.
  • Offices for sale in The Apricot range from AED 697.5k to AED 990k. Shell-and-core offices for sale have a price of AED 697.5k for 1550 sq. ft. of space.
  • Fitted offices have an area range of around 2028 sq. ft. to 2155 sq. ft. Price for a fitted office is approximately AED 950k to AED 990k.

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Location & Nearby

Apricot Towers - Dubai Silicon Oasis - Dubai - United Arab Emirates

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Yearly Transactions and Sales

Transactions
Sales
808060604040202000Transactions20092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024100,000,000100,000,00080,000,00080,000,00060,000,00060,000,00040,000,00040,000,00020,000,00020,000,00000Sales
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Transactions and Sales by Property Types

Transactions
Sales
320320240240160160808000TransactionsOfficesOfficesShopsShops350,000,000350,000,000280,000,000280,000,000210,000,000210,000,000140,000,000140,000,00070,000,00070,000,00000Sales
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Price Per Square Feet "Sale"

1,8001,8001,5001,5001,2001,20090090060060030030000Price1196.4429820.08555.9655709.281455.6875624.36638.8333984.4286817.125529.33331337.5341.5384418679.5714869.633320092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
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Yearly Transactions and Rent

Transactions
Sales
200200150150100100505000Transactions2012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202412,000,00012,000,0009,000,0009,000,0006,000,0006,000,0003,000,0003,000,00000Sales
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Transactions and Rent by Property Types

Transactions
Sales
1,6001,6001,2001,20080080040040000TransactionsOfficesOfficesShopsShops100,000,000100,000,00080,000,00080,000,00060,000,00060,000,00040,000,00040,000,00020,000,00020,000,00000Sales
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Price Per Square Feet "Rent"

100100909080807070606050504040Price4952.523864.37584.168289.740576.201374.444471.328760.008154.629463.603970.331678.490220122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
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