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This development Toscana is a 5 storey club residence tower in Discovery Gardens. The developer is developing a 3 star quality luxury 66 room hotel style club residence tower that will provide guests and owners with maximum occupancy and returns utilizing a worldwide reservation system. The Toscana club residence is located less than 5 minutes from the new Battuta Mall and will ensure maximum demand for rooms.
Investment Features:
* The room will be leased back to the developer for a period of 20 years with an automatic option to renew.
* The tower will yield high rental return via the use of a world-wide reservation system and targeting the tourist market of Dubai.
* The owners rent will be paid yearly in arrears and will be 60% of the net profit generated from the operation of their room/apartment for the proceeding year. This will equate to a minimum of 8% return on investment and will be guarenteed for the first 3 years by the developer.
* Owner has up to 30 days personal usage per year
Location:
Dubai,United Arab Emirates
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