|Chesterton to launch London's prime AED600 million property in Dubai ahead of global launch|
UAE investors to get the first opportunity to buy the property situated opposite the landmark ‘Emirates Stadium'
Dubai, UAE, June 15th, 2013: Chesterton, the international property agency established in 1805, will be launching Barratt London's new AED 600 million ‘Queensland Terrace' project located opposite the landmark Emirates Stadium in the Borough of Islington, North London. Investors in the UAE will get the first opportunity to purchase the property ahead of other investors from across the globe. The exhibition is being held at Emirates Towers on Friday 21st June 2pm until 10pm and Sat 22nd June 10am until 9pm.
Barratt London's new Queensland Terrace development is ideally located within Zone 2 with excellent transport links into Central London and beyond. Offering 375 open plan suites, one, two and three-bedroom apartments and three bedroom penthouses, prices at Queensland Terrace start at AED 1.7 million for a studio apartment.
Gary Patrick, regional sales director at Barratt Homes said that,“Queensland Terrace's location is known around the world but what football fans in UAE may not realise is that this is a very popular neighbourhood because of the appealing lifestyle available here. Being able to commute to work in under 30 minutes while having an array of popular independent shops, restaurants and pubs nearby makes Queensland Terrace a very desirable place to live. ”
“Prime areas in London are set to grow at an average of 8% this year alone. This is being driven by strong international demand and short supply. This is a great investment opportunity for UAE investors who may also be football fans, as the property is very close to the prestigious Emirates Stadium. We have seen a growing interest from the UAE and across the Middle East region as investors become more familiar with London as a destination to invest in property. Attracted by currency gains, strong capital growth and a high demand for rental property, it isn't just a safe haven but a sound financial investment,” said Samuel Warren, Head of International Residential Developments, Chesterton Humberts.
The development consists of a terrace of three contemporary towers that sit on a podium level, designed by CZWG, a company renowned for its skill in positioning buildings and recognising the importance of streets and views. Residents will have access to a private residents-only fitness suite and 24 hour concierge and most apartments will have a balcony or terrace with views over London. The development will also feature landscaped gardens on the podium level and undercroft parking.
Queensland Terrace is in a lively urban location with a wide range of shopping, dining and cultural experiences and close to the appealing pubs and independent shops of Highbury Village and the 29 acres of beautiful open space at Highbury Fields. Nearby Upper Street is lined with eclectic boutiques, award-winning eateries and buzzing bars while Camden Passage is one of London's favourite antique centres.
Located within easy walking distance of Holloway Road and Arsenal tube stations as well as First Capital Connect's Drayton Park rail station, Queensland Terrace has excellent travel links for both work and leisure. The West End is only 20 minutes away while the City can be reached in just 25 minutes by the underground.
In addition to promoting a number of exclusive international residential properties located in the UK and Europe, Chesterton is offering luxury houses and apartments developed by a number of reputable local companies. Chesterton aims to cater to UAE investors who wish to expand their local or international real estate portfolios, or both, and individuals who simply wish to buy first or second homes in UAE or abroad.
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