1 Bed Apartment in MILANO by Giovanni Boutique Suites Jumeirah Village Circle
A 1 Bed Apartment in MILANO by Giovanni Boutique Suites makes perfect sense for investment as it is projected to offer rental yield in excess of 10% once completed in Q2 of 2018.
Fully furnished and fully serviced apartments are very popular in Dubai due to the constant influx of young expatriate labour force.
Milano by Giovanni Suites is a branded hotel apartment project designed and finished to a very high standard. The suites include Studios, 1 beds and 2 beds. Located within the Jumeirah Village Circle Community, Milano is well located and within close proximity to three major roads including Al Khail Road, Mohammed bin Zayed Road (E311) and Hessa Street. JVC is a growing community with shopping centers, schools and hospitals all currently under development. The community is also quite close to the major centers of Dubai including Dubai Marina, Expo site, DXB and DWC airports, Jebel Ali and the Downtown area.
Owners of suites within the project may opt to use the suites for themselves or rent them out or turn them over to the hotel operator for management. The projected yields from the rental of these units is expected to be around 10%-12% annually. These figures are based on an earlier development in Sports City which have achieved similar results.