Dubai Silicon Oasis
Dubai Silicon Oasis is a technology park under development in Dubai, United Arab Emirates which was launched in October 2002 by Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President & Prime Minister, & ruler of Dubai, aiming to become a world centre for electronic innovation, research, and development.
The project is to span over 7 million square meters and has entered phase one of the construction which includes the construction of 560 residential villas.
Dubai Silicon Oasis Area is a 7.2 km² master–planned community, located on Dubai’s Emirates Road and within easy access to Dubai International Airport, Jebel Ali Port and Dubai’s central business districts.
Comprising office towers, R&D and industrial zones, educational institutions, apartments and villas, hotels, healthcare and a range of lifestyle facilities, Dubai Silicon Oasis provides a dynamic commercial and social environment.
S.I.T. Tower
Being located in Dubai Silicon Oasis delivers greater attraction to foreign investors as it offers 100 per cent foreign ownership as well as zero personal and corporate taxation, among several other free-zone privileges. The commercial complex will also take advantage of a thriving urban community, world-class infrastructure, a master-planned residential environment nearby, as well as easy access to Dubai's International Airport, seaport in Jebel Ali and Dubai's central business district.
The S.I.T. Tower features an unparalleled combination of excellent business location and world-class amenities.
Muhammad Nasir Falak, developer of S.I.T. Tower commented:
"This tower is another achievement for us. We are looking forward to remarkable sales success because of the unique features of S.I.T. Tower combined with its excellent prime location at Dubai Silicon Oasis. Our confidence has also been boosted with our strategic partnership with Multiplata RE for this project."