One Hyde Park, London, world’s most expensive real estate sells unit for US$ 96 million
ONE HYDE PARK, the world’s most expensive real estate development – part owned by Qatar’s Prime Minister – has just sold the last of the 11 five bedroom apartments for US$ 95.4 million.
At almost 9,000 sq ft, the five bedroom apartments are the biggest units at One Hyde Park in London after the penthouses, real estate advisor Savills said in a statement.
The exclusive project, owned by Project Grande (Guernsey) Limited – a joint venture consortium which includes Waterknights (owned by Qatar Prime Minister Sheikh Hamad bin Jassim bin Jabr Al-Thani) and managed by Mandarin Oriental Hotel Group has so far generated more than £1.5bn worth of sales, Savills added. It said the final retail unit at One Hyde Park, which is let to Abu Dhabi Islamic Bank, is to be offered for sale.