London still remains a key investment destination for Qatari investors: Chestertons

London remains a key destination for Qatari property investors as per Chestertons, the international property agency established in 1805. In line with this statement, to get Qatari investors acquainted with London’s prime property projects, Chestertons will be unveiling a key premium project. ‘Wardian’, an exclusive QAR 3.3 billion project by London’s leading developer Eco World Ballymore. Chestertons will unveil further details on this project from 02nd to 04th November at ‘Sheraton Doha Resort and Convention Hotel.

“London has been a favourite choice of location with Qatari property investors. The percentage of investors from this region buying London based properties has significantly grown each year. On the other hand population growth in the capital continues to outstrip supply and these conditions are set to continue. In addition to the attractive location, London offers a safe and tolerant multi-cultural environment, transparent legal systems, coupled with a good choice of both lifestyle and investment properties. London stands out as a truly global capital and it remains a completely different market from any other region in the UK in terms of scale, pricing and future growth prospects,” said Samuel Warren, Global Director of International Residential Developments, Chestertons.

The first residents are expected to move in during 2019. The prices for the suites range - from US$613,000; 1 bedroom apartment - from US$815,000; and 2 bedroom apartment - from US$1.07 million. 

“Wardian is an extraordinary opportunity to invest into one of the most visionary and exciting projects London has seen in recent years – blending modern architecture with picturesque landscaping, it sets a new standard for high-rise living in the heart of London’s new metropolis. Alongside the apartments, Wardian London will contain a vibrant rooftop observatory bar, with a vision for London’s highest botanical gin garden; two restaurants; 24 hour concierge; and a 25 metre open air swimming pool, set within a flourishing tropical environment. Eco World Ballymore is one of the visionary developers that will continue to manage the development after completion so residents will also benefit from their ongoing exceptional service levels,” said Samuel.

The development, offers 624 new private suites and apartments contained in two high-end residential towers. Overlooking South Dock with commanding views of Canary Wharf, each apartment offers an extensive private ‘sky garden’, up to 37.2 square metres in size. Wardian London will provide a tranquil oasis within the heart of London’s most lively business district, promoting a sense of wellbeing and creating a serene escape within the city.

Head of Sales for Chestertons Middle East, Faisal Khokhar, stated, “Ballymore has extensive experience in London, having completed a number of property developments near to Canary Wharf including Providence Tower, New Providence Wharf, London City Island, Royal Wharf and Pan Peninsula. Over the past 25 years Ballymore has played a crucial role in the residential contribution to the area surrounding Canary Wharf which is now considered the pre-eminent financial centre of Europe and a world-leading business centre. As London’s focus shifts east the opportunities in this area are set to grow. For investor landlords and residents alike, this opportunity is not to be missed.”

Meeting the growing demand for residential property in East London, Wardian London reinforces the Docklands area as the new hub for East London. Just a three minute walk from Canary Wharf, Wardian London will comprise of suites, apartments and penthouses in two luxurious tall buildings rising to 50 and 55 storeys. 

“The project has unparalleled transport connections. Reliable and frequent London-wide transport links - Jubilee Line from Canary Wharf and DLR from Heron Quay or South Quay - complemented by flights from the nearby London City Airport across the continent. It is a 3 minute walk from Canary Wharf; Bond Street is accessible in 20 minutes and Stratford in 15 minutes. Connectivity is soon to be further enhanced with the arrival of Crossrail at Canary Wharf,” added Faisal.

Chestertons aims to cater to Qatari investors who wish to expand their regional or international real estate portfolios, or both, and individuals who simply wish to buy first or second homes in UAE or abroad. For further details about this visionary project or to discuss other London property please contact the team on 00971 56 2418064 or email enquiry.international@chestertons.com.