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Chestertons to unveil $223m UK luxury project

DUBAI, September 3, 2014

Chestertons, a leading international property agency, is set to unveil The Landau, a Dh821 million ($223 million) luxury development in the heart of Fulham area of London, UK, at an upcoming exhibition in the UAE.

The project by Mount Anvil and Affinity Sutton is a boutique collection of just 89 new apartments. It is scheduled to be completed by spring 2015 and the prices start from Dh5.5 million, said the top property firm.

Chestertons will unveil more details on the project before the UAE investors at the exhibition which will run from September 11 to 13 at the Emirates Towers, Dubai.

Samuel Warren, the director of international residential developments (Chestertons), said: "There is a blend of history and modernity and the fact that London welcomes more outsiders makes it one of the most sought-after cities in the world."

"Fulham is a highly desirable place to live and the project offers boutique village-style living right in its heart. We’re expecting these stunning homes to be in high demand among the UAE investors," he added.

The project is based on the former site of one of London’s largest horse drawn carriage depots that used to store the elegant landau carriages. The project’s architectural style is a contemporary interpretation of the site’s Victorian heritage.

On the property, Warren said: "The Landau is located close to some of the most outstanding schools in London. The green spaces of Fulham Palace and Brompton Park, and the designer shops of Fulham Village makes ‘The Landau’ an ideal destination for the Middle Eastern property investors."

Jon Hall, the sales and marketing director at Mount Anvil, said: "The project will include one, two and three bed residences and penthouses that will range from 540 sq ft to 4,230 sq ft. Each apartment will have its own private outside space. In addition, there are four pocket gardens within the project which are being designed by ‘Modular Garden’ - the award winning landscape artists."

Faisal Khokhar, the associate director - head of Mena sales at Chestertons, pointed out that the annual price growth of the property market in prime London area was estimated at 47.6 per cent over next five years.

"The city is an ideal destination for people to settle down due to its high growth potential and will continue to retain its value as a prime hub for the global property investor," he said.

"We assist UAE investors to make safe investment decisions by expanding their international real estate portfolios, and guide individuals who would like to establish their footprint in the heart of London," he added.

Each home at The Landau features floor-to-ceiling windows, bespoke fixtures and fittings, beautiful kitchens with Miele appliances and engineered Caesarstone quartz worktops. The project also has a 24 hour concierge, private lounge and a fitness centre along with a secure underground parking space for each apartment.

Warren said The Landau was a quintessentially British scheme that portrays the best of London. "We are proud to bring this prestigious development to UAE. With this launch we aim to address the growing needs of UAE investors and offer them the best of amenities and a great lifestyle."

"We are sure that this project will be of great interest to more property investors when we launch this project later across the Middle East region," he added.-TradeArabia News Service




Tags: UAE | London | project | investors | Chestertons |

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