Is this the world’s most expensive and luxurious student accommodation?



Most students, certainly in the United Kingdom, are happy to reduce their living standards a notch or two as long as they enjoy their time at university and gain the degree that they have spent years studying for.

Halls of residence often consist of cramped single rooms containing the very basics - a bed, desk, sink, cupboard, and if you’re lucky a shelf or two.

Shared kitchens resemble a crumb-fest, with toast crusts strewn across grubby tables and washing up piled high in the sink like a game of Jenga.

But student life in London doesn’t have to be like this - if you’re willing to pay £21,000 (Dh116,980) a month.

Five newly refurbished apartments and a three-bedroom triplex in Mayfair’s Fountain House are being marketed by the property agent Wetherell as “London’s ultimate student pads”. The triplex is thought to be the city’s most expensive.

“Some wealthy overseas students in Mayfair from the Middle East, North America, Asia and Africa can afford to pay over £2,000 per week for luxurious apartments in Mayfair,” it said.

“These students can rival City workers and advertising directors (the other obvious tenants for these luxury pads) and have generous six-figure allowances which enable them to shop on Bond Street, eat at Scotts on Mount Street and enjoy nightlife in elite venues such as Annabels, 5 Hertford Street and Whiskey Mist.”

The two-bedroom apartments are available from £2,250 a month, while the triplex is £5,250 per week. One of the apartments has already been snapped up by an American fashion student, according to Wetherell.

Fountain House is a nine-storey building, originally built in 1935, and takes its name from the adjacent Joy of Life fountain in Hyde Park.

The apartments have been developed by Criterion Capital and the lush interiors come from Alexander James Interior Design.

The two bedroom apartments have woodstrip flooring and mood lighting, integrated Miele appliances in the kitchen, while master bedrooms have deep carpets so students will have to remember to take their shoes off.

Figures from the Government’s Higher Education Statistics Agency (HESA) reveal that there are 107,000 international students studying in London, 40,000 from continental Europe and 67,000 from the rest of the world.

The largest group of international students come from China (18 per cent), followed by students from the United States (9 per cent).

ioxborrow@thenational.ae

Follow The National's Business section on Twitter

Brief scores:

Toss: Nepal, chose to field

UAE 153-6: Shaiman (59), Usman (30); Regmi 2-23

Nepal 132-7: Jora 53 not out; Zahoor 2-17

Result: UAE won by 21 runs

Series: UAE lead 1-0

Profile of Udrive

Date started: March 2016

Founder: Hasib Khan

Based: Dubai

Employees: 40

Amount raised (to date): $3.25m – $750,000 seed funding in 2017 and a Seed+ round of $2.5m last year. Raised $1.3m from Eureeca investors in January 2021 as part of a Series A round with a $5m target.

Drishyam 2

Directed by: Jeethu Joseph

Starring: Mohanlal, Meena, Ansiba, Murali Gopy

Rating: 4 stars

How it works

1) The liquid nanoclay is a mixture of water and clay that aims to convert desert land to fertile ground

2) Instead of water draining straight through the sand, it apparently helps the soil retain water

3) One application is said to last five years

4) The cost of treatment per hectare (2.4 acres) of desert varies from $7,000 to $10,000 per hectare 

Innotech Profile

Date started: 2013

Founder/CEO: Othman Al Mandhari

Based: Muscat, Oman

Sector: Additive manufacturing, 3D printing technologies

Size: 15 full-time employees

Stage: Seed stage and seeking Series A round of financing 

Investors: Oman Technology Fund from 2017 to 2019, exited through an agreement with a new investor to secure new funding that it under negotiation right now. 

Company profile

Name: Maly Tech
Started: 2023
Founder: Mo Ibrahim
Based: Dubai International Financial Centre
Sector: FinTech
Funds raised: $1.6 million
Current number of staff: 15
Investment stage: Pre-seed, planning first seed round
Investors: GCC-based angel investors

The Color Purple

Director: Blitz Bazawule
Starring: Fantasia Barrino, Taraji P Henson, Danielle Brooks, Colman Domingo
Rating: 4/5

Results

2.30pm: Handicap (PA) Dh40,000 1,700m; Winner: AF Mezmar, Adam McLean (jockey), Ernst Oertel (trainer).

3pm: Maiden (PA) Dh40,000 2,000m; Winner: AF Ajwad, Tadhg O’Shea, Ernst Oertel.

3.30pm: Handicap (PA) Dh40,000 1,200m; Winner: Gold Silver, Sam Hitchcott, Ibrahim Aseel.

4pm: Maiden (PA) Dh40,000 1,000m; Winner: Atrash, Richard Mullen, Ana Mendez.

4.30pm: Gulf Cup Prestige (PA) Dh150,000 1,700m; Winner: AF Momtaz, Saif Al Balushi, Musabah Al Muhairi.

5pm: Handicap (TB) Dh40,000 1,200m; Winner: Al Mushtashar, Richard Mullen, Satish Seemar.

Teri Baaton Mein Aisa Uljha Jiya

Directors: Amit Joshi and Aradhana Sah

Cast: Shahid Kapoor, Kriti Sanon, Dharmendra, Dimple Kapadia, Rakesh Bedi

Rating: 4/5

COMPANY PROFILE

Name: Kinetic 7
Started: 2018
Founder: Rick Parish
Based: Abu Dhabi, UAE
Industry: Clean cooking
Funding: $10 million
Investors: Self-funded

THE BIO:

Sabri Razouk, 74

Athlete and fitness trainer 

Married, father of six

Favourite exercise: Bench press

Must-eat weekly meal: Steak with beans, carrots, broccoli, crust and corn

Power drink: A glass of yoghurt

Role model: Any good man

The specs

Engine 60kwh FWD

Battery Rimac 120kwh Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2) chemistry

Power 204hp Torque 360Nm

Price, base / as tested Dh174,500 

57 Seconds

Director: Rusty Cundieff
Stars: Josh Hutcherson, Morgan Freeman, Greg Germann, Lovie Simone
Rating: 2/5

The specs

Price, base / as tested Dh1,470,000 (est)
Engine 6.9-litre twin-turbo W12
Gearbox eight-speed automatic
Power 626bhp @ 6,000rpm
Torque: 900Nm @ 1,350rpm
Fuel economy, combined 14.0L / 100km


On The Money

Make money work for you with news and expert analysis

      By signing up, I agree to The National's privacy policy
      On The Money