Dubai Silicon Oasis is one of the most important free zones in Dubai. It has become a fertile ground that attracts global and local investors from all sides. Silicon Oasis is one of the free zones established by the United Arab Emirates in Dubai. To attract investments, as such areas are distinguished from others in that they offer many facilities to investors. from other regions, whether in Dubai in particular or in the Emirates in general.
Information about Dubai Silicon Oasis
Dubai Silicon Oasis is one of the most important free zones in Dubai, which was established by the United Arab Emirates in 2004 on an area of 7.2 square meters. The zone is located in a strategic location in the city and includes a number of commercial and residential areas and towers, as well as various complexes. It also includes a special area for technology business called “Technology Park”, where Dubai calms down to make Dubai Silicon Oasis the capital of technology business, by attracting investors specialized in the fields of technology and precision industries, as it is located in a strategic place and access to it is very easy and its facilities are present and easy for everyone as it is linked It has a wide network of roads linking it to vital places nearby, such as Dubai International Airport, Jebel Ali Port, and Port Rashid. It is also linked to a road network in the free zones adjacent to it.
Features of Dubai Silicon Oasis
Dubai Silicon Oasis is the first smart city in Dubai. Silicon Park, where the technology park has world-class infrastructure and facilities, It also includes several distinctive properties that provide a unique opportunity for companies to establish their headquarters in the heart of Silicon Park overlooking the lake and located in the main square, Central Square .
Dubai Silicon Oasis is also an important center for technological entrepreneurship, which is the largest emerging university center in the Middle East. Where Dubai Silicon Oasis entered into a partnership with the Rochester Institute of Technology in New York, It is an internationally recognized leader in professional and technology-oriented education.
Dubai Silicon Oasis is also distinguished as one of the best investment areas in real estate, as it includes real estate companies and buildings at the highest level, making it one of the most requested areas for renting real estate in Dubai, as the oasis includes a group of buildings, residential complexes and shops at the highest level and suitable for all individuals and families. Therefore, commercial investment there is considered one of the most successful projects undertaken by man
Types of licenses granted by Dubai Silicon Oasis to investors
As it is known, Dubai Silicon Oasis is one of the best free zones in Dubai due to the facilities it provides to investors and owners of projects, whether small or large.
- Service license:
This license allows the registered project to carry out specific services only.
- Commercial license:
This license allows the practice of business-related activities such as importing, exporting and distributing items and commodities.
- Industrial license:
This license allows the investor to implement projects aimed at importing, manufacturing, processing, assembling, packaging and exporting raw materials in the form of a finished product.
Types of commercial activities allowed in Silicon Oasis
As one of the strongest free zones in Dubai, There are many commercial activities in it on a large scale, which attracts the largest number of investors. The commercial activities that are allowed to be practiced within the oasis are as follows:
- Oil and gas business
- Pharmaceutical companies and pharmaceutical manufacturing
- fields of biotechnology
- The field of manufacturing self-propelled objects
- Space business
- Manufacture of mobile technology
- financial institutions
- logistics
- data centers
- Consulting and business development
- Information Technology
- communication equipment
- Electrical devices and equipment
Why invest in Dubai Silicon Oasis?
Many people ask why invest in Silicon Oasis in Dubai, and the answer is clear from the huge advantages and facilities that the oasis provides to its investors, and it is summarized in the following:
- It gives its investors 100% ownership
- There are no personal or corporate taxes
- There are no customs fees
- Customs clearance procedures are free from complications that exist in many regions
- Regulatory laws are stable and clear
- 100% return of capital and profits
- Quick termination of business procedures
In this way, we have clarified simple points about Dubai Silicon Oasis and the most important advantages and facilities that the oasis provides to its investors.
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