OUR JOURNEY

Aston Developments forms part of the Knox group of companies, an independent, dynamic group of businesses with over £1.5 billion of assets under management and administration. Collectively they employ 350 people with offices in Dubai, the UK and Europe and offer a range of services spanning across real estate, wealth management, tax and investment management.

Aston Developments has evolved from ongoing UK property operations. Recognising the opportunity within the UAE market, Aston Developments formed a senior team of experienced individuals who demonstrate an exemplary record of identifying and delivering outstanding performance from real estate. The team assembled fuses British heritage and working practices with an entrenched knowledge of the local real estate market.

“Aston Developments is a developer of elegant residences in some of Dubai’s finest addresses.

We are passionately dedicated to designing and delivering exceptionally well crafted apartments.

Our ethos is delivered through our meticulous attention to detail when creating our homes. We procure high quality materials from throughout the world and ensure our talented craftsmen deliver what we uphold and standby, allowing our execution to match our design. We build places that inspire.

The result is simply the delivery of outstanding property matching our clients every need to make the perfect home”

SAEED HASHMI

Chief Executive Officer

OUR WORK

Aston Developments is currently developing a 2.5 million sq ft residential and retail development in Dubai Science Park, Dubai. Aston Plaza & Residences will be completed in Summer 2019. In conjunction with Aston Property Ventures, 150 apartments in Residence 2 have been made exclusively available to the cryptocurrency community and are available to purchase in bitcoin – the first development in the world to offer apartments for sale exclusively in bitcoin. For further information, please visit astonplazacrypto.com

Aston Developments is currently reviewing several joint venture opportunities. We align ourselves with other like minded investors in seeking out strategic development opportunities.

OUR PEOPLE

Our senior team of experienced individuals have demonstrated an exemplary record of identifying and delivering outstanding performance from real estate. They fuse British heritage and working practices with knowledge of the local real estate market.

NEWS

Two business icons launch new bitcoin mega development

For the first time, property is available to buy directly from a property developer using the cryptocurrency, Bitcoin. 150 apartments at Aston Development’s Aston Plaza & Residences will be exclusively available to the cryptocurrency community to purchase. The development is in the heart of Dubai, in the progressive Dubai Science Park.

This is the first joint business venture between the two business icons, Baroness Michelle Mone OBE and businessman and philanthropist Doug Barrowman, the Chairman of the Knox Group of Companies.

Michelle Mone and Doug Barrowman

The £250 million development of two apartment towers and a shopping mall is the first to allow buyers to purchase using Bitcoin. The current popularity of Initial Coin Offerings, a token-based method of fundraising for blockchain-based start-ups, has demonstrated there is huge demand for crypto-investors to diversify their assets. Until now, direct investment in property by paying in bitcoins has not generally been possible.

The highly-anticipated selection of 1,133 studio, one and two-bedroom apartments, is due for completion in September 2019. Apartments offer floor-to-ceiling windows with unobstructed views of the Dubai Hills and the iconic city skyline. Renowned architects, John R Harris & Partners, have used bold architecture contrasted with relaxing, open and sociable communal areas designed by Michelle Mone Interiors. The development also boasts the Plaza – three floors dedicated to retail which will include boutiques, cafes, restaurants and a supermarket.

Studio apartments will start in price from 33 BTC* and mirroring ICOs, early investors will be given additional bonuses. Packages for interior design services and furniture will also be offered to purchase in bitcoins. Investors can expect to receive generous 9% rental returns on their investment after completion.

Baroness Michelle Mone of Mayfair OBE, commented: “I am thrilled to be launching a project of this scale as a step in the property development business.  This is also a natural progression from the launch of Michelle Mone Interiors – bringing together my two passions in business for the first time; design and property.

I have ensured, along with my business and life partner Doug, that our new development in Dubai offers exceptional homes to professionals and young families. The towers have been designed with community at its core and cater to the those looking for style, lifestyle and convenience, in a beautiful location.

Doug and I are both trailblazers in our own business sectors, so of course we wanted this to be different, unique and exciting – not just in the world of property, but also tech. This is why it is the first-ever development to be priced in Bitcoin. This is a launch of many ‘firsts’ in business and I look forward to an exciting project ahead for myself, Doug and the team.”

Douglas Barrowman, Chairman of the Knox group of companies, said: “This is a project I have worked very hard on for some time and the Dubai development is the pinnacle of design, architecture and commerciality. That said, I didn’t feel this was enough. I wanted to offer the property, tech and blockchain community a unique and exclusive opportunity by merging the property and tech sectors together in a true first for the industry.

“Bitcoin’s meteoric rise in a few short years means it’s now the world’s leading cryptocurrency. This is exactly why we are the first property development ever to be priced in Bitcoin. I believe, as it gains mainstream adoption, many will follow our lead on this. I would, as I have done throughout my career in business, like to be the one who starts the trend, a very exciting one at that.”

Transacting the online payments is BitPay, the industry-leading bitcoin payment provider. Stephen Pair, CEO and co-founder of BitPay, says “We are pleased to partner with Aston Property Ventures on this exciting first for the crypto-community. This is another step towards mainstream acceptance of Bitcoin and cryptocurrencies.”

For further information please visit the dedicated website astonplazacrypto.com

*Please be aware that the bitcoin price is pegged to the US$ and will fluctuate.

CONTACT US

Aston Developments Limited

2606, Marina Plaza, Dubai

Tel: +971 43 451 887

Email: Send Mail

OUR TEAM X

Douglas Barrowman

Chairman

A Chartered Accountant by profession, Douglas is an experienced businessman who has spent his entire career investing in businesses and real estate. Having worked for the international Private Equity firm 3i plc in the late 1980s, he left to set up his own corporate finance practice, which he successfully developed and managed during the 1990s. He sold the practice in 1999 to concentrate on his own private investment vehicle which grew to a $600million turnover conglomerate. Since 2008, Douglas has focused on developing the Knox group of companies. He has also acquired significant commercial property holdings during this period.

Tim Keig

Vice Chairman

An experienced real estate investor and developer, Tim has specialised in the origination, syndication and management of real estate investments for over 25 years. His career started in the European and Asian markets before settling into the development of residential and commercial properties primarily in the UK. Tim has also acted as principal and consultant in acquiring numerous investments covering the leisure, retail, office, residential and industrial sectors.

Saeed Hashmi

Chief Executive Officer

A Chartered Surveyor by profession, Saeed has over 15 years’ experience in real estate, having spent the last 8 years in the Middle East. Saeed started his career working for property consultancies in the UK before moving over to concentrate on investment and development acting as principle.

Having worked in both Abu Dhabi and Dubai, Saeed more recently has worked with developers and real estate financiers gaining a deep understanding of the intricacies of real estate at every level.

As a Member of the Royal Institution of Chartered Surveyors, Saeed also holds a BSc Hons from Heriot Watt University.

Andrew Barrowman

Director

Andrew Barrowman

Andrew studied at Oxford University, completing a Masters in Chemistry at Magdalen College. After graduation, he joined the assurance department of global accountancy firm PwC, providing accountancy and auditing services to companies in the financial services and banking industries. Whilst working there he successfully completed his professional examinations and qualified as a Chartered Accountant.

Seeking more direct involvement in business, Andrew moved to Dubai and joined Aston Developments in 2016. He was a key member of the team involved with the completion of the deal for Aston Towers at the Dubai Science Park. Andrew is responsible for financial appraisal and risk management for Aston Developments, particularly in reporting back to the wider Knox group of companies.

Andrew Barrowman

Ian Bradshaw

Project Director

Ian Bradshaw

Ian has 37 years’ experience in construction, mainly involved in projects in the Middle East. A civil engineer by profession, he has represented consultants, contractors, and developers in senior design development and construction oversight on many well- known projects in Dubai and further afield. These include airport terminals, mass rail transport systems, and 5* hotels and villas. His most recent project was a 46 floor high-end residential tower in Dubai Marina with 6 basements and 4 podium levels.

Ian Bradshaw