Chestertons to launch London project in Dubai

February, 17th 2015

Chestertons, a leading international property agency, will unveil a Dh5.5-billion ($1.5 billion) project in London, UK, by Berkley Homes called 250 City Road for UAE investors in Dubai, UAE.

The property is designed by Foster + Partners, one of the most innovative and acclaimed architectural practices, and delivers the optimum place to live and work, said a statement.

Priced from Dh3.2 million ($870,960) for a studio apartment, and claimed to offer great value for money on a per square foot basis, the project is situated in the heart of one of London’s most vibrant areas and very close to the City and the capital’s tech and creative quarters.

Chestertons will unveil more details on the project during an exhibition at the Jumeirah Emirates Towers on Febraury 19, 20 and 21.

“This is an attractive investment for investors as this landmark scheme lays the foundations for an enduring new community. Upon completion, the scheme will comprise 930 homes, expertly built by Berkeley Homes, a 190-bed four-star hotel, office and retail space, all set amid the breath-taking architecture conceived to complement the existing surroundings," said Samuel Warren, global director of international residential developments, Chesterton Humberts.

"Over the years, we have seen growing levels of interest from UAE investors towards London-based properties due to their long-term and sustained capital growth prospects. We are bringing this prestigious 250 City Road project to Dubai in response to this overwhelming international investor interest. This project is undoubtedly a great investment opportunity for UAE investors,” he said.

Source: www.tradearabia.com