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Coral Residence, Dubai Silicon OasisReady

Coral Residence, Dubai Silicon Oasis

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HIGHLIGHTS

   

About Coral Residence

Coral Residence offers a luxurious living experience in the heart of Dubai Silicon Oasis. This eight-storey tower was built by Deyaar. It consists of 145 residential units comprising 1, 2 and 3 bedrooms. When living here, you will be able to enjoy a number of amenities. The tower has a swimming pool, a garden, a barbecue area and a fully equipped gym along with a recreational room.

Dubai Silicon Oasis is a unique self-sufficient business and residential community where residents can enjoy living. The residence is located close to Dubai Outsource Zone (DOZ), Sheikh Zayed University and consists of well-reputed educational institutes for your kids. The area has dedicated parks and play areas, shopping malls, retail outlets, restaurants, and cafes. It is conveniently located near Dubai International Airport.

IN A NUTSHELL       

  • A low-rise residential building 
  • Located in Dubai Silicon Oasis 
  • An eight-storey tower
  • Developed by Deyaar
  • Features 145 residential units with 1, 2 and 3 bedrooms.
  • Basement level dedicated for parking
business

BUILDING DETAILS

Facilities in Coral Residence

Parking

For parking in Coral Residence Silicon Oasis, a basement level is available with dedicated parking spaces.

Elevators

There are high-speed elevators in the Coral Residence Silicon Oasis.

Security, Central Air-Conditioning and Maintenance Services

All utilities in Coral Residence Silicon Oasis are provided by DEWA. There is 24-hour availability of security guards along with CCTV cameras and access control.

Event Spaces

For recreational purposes, there is a courtyard with a large open-to-sky leisure deck located on the ground floor of the building. For small parties, there is a barbecue area in Coral Residence Silicon Oasis.

Gym and Fitness Facilities

Coral Residence Silicon Oasis has a well-equipped gym for all residents. There is a temperature-controlled swimming pool in this building along with steam and sauna rooms and Jacuzzi where residents can detox themselves after a long tiring day.

Lifestyle Amenities

There are plenty of facilities available for residents in Coral Residence Silicon Oasis such as a multi-purpose hall, dedicated barbeque area and a leisure deck. The tower is a kid-friendly residence with a dedicated play area and a pool available for the young residents.

Concierge and Guest Services

On the ground floor of Coral Residence DSO, there is a help desk, offering its service round the clock.

Pet-Friendly

Coral Residence DSO is located in a pet-friendly neighbourhood.

Safety Features

Fire alarms are installed everywhere with an active fire fighting system for any emergency.

Coral Residence Floor Plans

  • 1-bedroom units in Coral Residence come with two floor plans
  • 2-bedroom units in Coral Residence come with two floor plans
  • 3-bedroom units in Coral Residence come with one floor plan

Bayut.com offers 2D and 3D formats of Coral Residence floor plans. You may visit Bayut’s website for more detailed information.

Apartment Types in Coral Residence

The luxurious development has three types of apartments for residents to choose from. Details include:

1-Bedroom Apartments in Coral Residence

1-bedroom apartments in Coral Residence are quite spacious with a minimum floor area being 770 sq. ft. which goes up to 856 sq. ft. These units come with an en-suite bathroom and a powder room. Moreover, you can find a kitchen, a large living room, built-in wardrobes and a balcony in these apartments.

2-Bedroom Apartments in Coral Residence

2-bedroom apartments in Coral Residence have a floor area between 1,112 sq. ft. to 1,157 sq. ft. These units feature an en-suite bathroom, a dressing room, a powder room, a maid’s room and a balcony. It has a well-laid living and dining area with a closed kitchen and a small bathroom.

3-Bedroom Apartments in Coral Residence

With an average floor size of 1,543 sq. ft., 3-bedroom apartments in Coral Residence feature a large balcony, a powder room, a bathroom, a kitchen and a large living area. One of the bedrooms come with an en-suite bathroom and a dressing room. These units also offer a maid’s room with a small bathroom.

1-Bed
2-Bed
3-Bed
0%20%40%60%80%100%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 4 hours ago

According to Bayut, 1-bed apartments in Coral Residence enjoy the highest popularity. They are followed by 3-bedroom flats in the second spot. 2-bedroom flats take up the third position on the list.

Rental Trends in Coral Residence

Rental apartments in Coral Residence consist of 1, 2 and 3 bedrooms. Prices of these units include:

For more housing opportunities at affordable rates, you may check out Dubai Silicon Oasis apartments for rent.

Sales Trends in Coral Residence

According to Bayut.com, apartments for sale in Coral Residence have prices ranging from AED 550k to AED 930k. Details of these units include:

  • One can also buy 1-bedroom apartments in Coral Residence at a price of around AED 550k
  • One can also buy 3-bedroom apartments in Coral Residence at a price of around AED 930k

For good investment opportunities, you may check out apartments for sale in Dubai Silicon Oasis.

Rental Yield in Coral Residence

1-Bed
3-Bed
0%4%8%12%16%20%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 4 hours ago

1-bed apartments offer the highest ROI in Coral Residence of 8.89%. 3-bedroom flats generate about 7.54% return on investment.

Service Charges in Coral Residence

GENERAL FUNDPRICE PER SQ. FT. IN AED
Services
info
General upkeep of the building
2.29
Maintenance
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General repairs and replacements
3.51
Utilities Services
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Charges for using DEWA/district cooling facilities and meters
3.86
Management Services
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Owner’s association charges for managing the property
1.29
Insurance
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Charge for the insurance of the building
0.26
Master Community
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Fees for communal facilities in the neighbourhood
1.40
Adjustment
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The difference between the estimated amount charged the previous year vs the actual amount spent
0.79
Income
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A credit or debit charge
-0.29
Reserved Fund
info
Funds used for major repairs and to help maintain the yearly service charges fees
1.12
Total 14.23

These figures are based on the services charges for Princess Tower* as per the Dubai Land Department.

There are many different types of service charges index, read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

Dubai Transactions
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NEARBY AMENITIES

Transportation near Coral Residence

Transportation options near Coral Residence include:

Bus Stops near Coral Residence

  • Al Waha Masjid 2 Bus Stop (2 minutes away)
  • Arch Building Bus Stop (3 minutes away)
  • Avenue Mall 1 Bus Stop (1 minute away)

Cabs are also available near this tower. Residents can also avail Uber services to fulfil their transportation needs.

Restaurants near Coral Residence

There are plenty of popular restaurants in Dubai Silicon Oasis located near Coral Residence to satisfy your food cravings. Some of these include:

  • Grills & More Dubai Silicon Oasis (2 minutes away)
  • Russo’s New York Pizzeria (3 minutes away)
  • Shakespeare and Co. (3 minutes away)

Grills & More Dubai Silicon Oasis is a casual-dining restaurant with vegetarian options. It serves a wide variety of cuisines, including North Indian, Pakistani and Chinese dishes. Its popular dishes include Dragon Chicken, Shish Taouk, Tandoori Chicken, Butter Chicken and Sandwiches. The eatery is mainly popular for its reasonable prices as it usually costs around AED 32. Visitors can pay through card and cash, both. Other facilities of this restaurant include its home delivery service and free Wi-Fi.

If you are a pizza lover, you can head to Russo’s New York Pizzeria that serves brick-oven pizza and other classic Italian dishes. One of the more popular food chains, Shakespeare and Co. is a 3-minute drive away from Coral Residence.

Supermarkets near Coral Residence

Residents will never have to worry about grocery as there are plenty of supermarkets near Coral Residence. Some of these include:

  • Carrefour Market (2 minutes away)
  • Spring Green Park Supermarket (1 minute away)
  • TimePlus Supermarket Fzco (2 minutes away)

Carrefour Market is just within a two-minute drive from the tower which can meet all the basic grocery and household needs of customers. Spring Green Park Supermarket, Naji Minimart and TimePlus Supermarket Fzco are all located at a walking distance from Coral Residence. People can also head to West Zone Fresh Supermarket and Choithrams that are located within a 5-minute distance.

Nearby Buildings

Buildings near this tower include:

  • Oasis High Park (4 minutes away)
  • Axis Residences (6 minutes away)
  • Arabian Gate (6 minutes away)

Oasis High Park is a nine-storey tall residential building located in Dubai Silicon Oasis. It was developed by Fakhruddin Properties in 2009. The residence consists of a number of residential units comprising studio apartments and 1 and 2-bedroom apartments.

Just 6 minutes away from Coral Residence, Axis Residence is a mid-rise residential complex consisting of eight buildings. All the towers in complex consist of eight floors above the ground level. This project offers studio apartments and 1 and 2-bedroom apartments. The residence was developed by GGICO in 2010.

Developed by Time Properties LLC, Arabian Gates is a 14-storey residential building. The structure comes with a unique architecture, which was designed by Eng. Adnan Saffarini. The tower has three basement floors and a large retail area on the ground floors. Residents can find 704 residential options in this building which consist of studio flats and 1, 2 and 3-bedroom apartments.

Major Landmarks

The major landmark in the area are:

  • DSO Masjid (9 minutes away)
  • Cedre Villas (6 minutes away)
  • Global Village (15 minutes away)

A prime villa community in Dubai Silicon Oasis, Cedre Villas is one of the major landmarks in the area. It is a self-sufficient community offering 3 to 6-bedroom villas along with many retail stores, restaurants and malls. Another famous landmark near Coral Residence is DSO Masjid. It is a beautifully constructed mosque with an antique exterior. Another popular destination near this tower is Global Village, located 15 minutes away. It hosts multiple events, including music and dance shows. If you are in the mood of experiencing cultural diversity, you may head to this destination this weekend.

THINGS TO CONSIDER

Coral Residence undoubtedly is a wonderful place to reside in as several amenities are available for the residents. The area features plenty of prestigious schools and universities. But one should keep in mind that there is no direct access to metro stations in Dubai Silicon Oasis so far. However, bus stops are available to fulfil their transportation needs.

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