Dubai sees launch of two prime London properties

Dubai:

Chesterton is unveiling two properties in London worth over Dh1.4 billion in Dubai for possible UAE investors. These are Barratt London’s new Dh800 million ‘Queensland Terrace’ project and ‘Altitude’, a Dh600 million 27-storey residential tower. Both are being unveiled at an exhibition opening at Emirates Towers on Friday and continues into Saturday.

“Prime areas in London are set to grow at an average of 8 per cent this year and this growth is being driven by strong international demand and short supply in the market,” said Samuel Warren, head of international residential developments at Chesterton.