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Saturday, 18 August 2012

The 17-bedroom £200 million mansion renovated by Qatar royal family which is set to become Britain's priciest property

Spacious: Dudley House has been knocked into one giant property with 17 bedrooms and 14 reception rooms, making it Britain's priciest property 
Spacious: Dudley House has been knocked into one giant property with 17 bedrooms and 14 reception rooms, making it Britain's priciest property



Qatar's royal family have renovated what could turn out to be Britain's most valuable private residence - after lavishing millions of pounds on a grade II-listed mansion now worth £200m.

Sheikh Hamad bin Khalifa Al Thani, the emir of Qatar, has spent tens of millions on Dudley House in London's Park Lane since acquiring the sprawling property for £37.4m in 2006.

Now after extensively renovating the 185-year-old mansion, which boasts views stunning views across Hyde Park in central London, the gulf state royal is on the verge of turning the house into Britain's priciest property.


Dudley House boasts a 50ft ballroom, an 81ft picture gallery and furniture which on its own is said to be worth £100m.

It boasts an enormous 44,000 sq ft of space and has undergone a £75m renovation which involved knocking three original properties on the Dudley House estate into a giant mansion.
 
Part of the ambitious renovation has involved restoring the original Regency and Victorian interiors, according to the Sunday Times.
 
A property website carrying details of Dudley House stated that renovation will give the 19th-century property 17 bedrooms and 14 reception rooms.

A property expert who recently visited Dudley House told the paper that should it go on the market, the Park Lane property could fetch up to £250m.

Money to burn: Sheikh Hamad bin Khalifa Al Thani, emir of Qatar bought the property thanks to his personal wealth of around £1.5bn
Money to burn: Sheikh Hamad bin Khalifa Al Thani, emir of Qatar bought the property thanks to his personal wealth of around £1.5bn


'The ceilings are ornate and very high, although these have been dropped in the bathrooms, which are all marble. There is a very grand staircase, and chandeliers throughout.

'The stature and grandeur of the house cannot be compared to anything else on the market, where luxury properties already sell for £4,000 to £6,000 per sq ft.'

Dudley House was built in 1827 for the Dudley Ward family, but would later be used by Edward VII, who would meet his mistress Lillie Langtry there in secret.

Luxury property experts say only Bridgewater House in Westminster, owned by the family of Yiannis Latsis, could equal the opulence of newly-renovated Dudley House.

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