Bloom Properties Updates Investors with Construction Status of Key Projects in Abu Dhabi, Dubai

Cityscape Abu Dhabi 2017 convenes at a time when construction activities are in full swing at key Bloom projects

Abu Dhabi-UAE: 19 April, 2017 – Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, has provided investors and home buyers with updates of the ongoing construction activities across its diverse range of projects in Abu Dhabi and Dubai during its participation in the 11th edition of Cityscape Abu Dhabi currently underway at the Abu Dhabi National Exhibition Centre.

The developer said it has recently commenced the main construction works of its developments Stella Maris in Dubai Marina and Bloom Heights in Jumeirah Village Circle. Taking shape at the southern end of the vibrant   hub of Dubai Marina, Stella Maris is a luxury project that will deliver 313 high-end residences in total, ranging from one- to three- bedroom units, as well as four-bedroom duplex apartments and penthouses. 

Bloom Heights, ideally located in the heart of the popular master-planned community of Jumeirah Village Circle in Dubai, offers a total of 686 residential units ranging from studios, to one, two and three bedroom apartments. Scheduled for completion in Q2 2019, the development benefits from its easy access to all major roads.

In parallel, the main works are progressing steadily at Park View as are the enabling works at Soho Square in Saadiyat. Park View will feature a total of 207 residential units ranging from studios to two-bedroom apartments, whereas its hospitality component is to include 217 furnished and serviced hotel apartments featuring studios, as well as one and two bedroom executive apartments. Soho Square, once complete, will comprise 302 upscale residences, ranging from studios to three-bedroom apartments, townhouses and a penthouse. Taking shape in the University neighborhood of Saadiyat in Abu Dhabi, both Park View and Soho Square offer proximity to the New York University Abu Dhabi campus and other major upcoming tourist attractions.

Bloom also announced that it has recently commenced the main works at FAYA, the fourth phase of its master planned community Bloom Gardens nestled in the heart of the capital minutes away from the natural sanctuary of the Corniche Al Qurm and Khalifa Park. FAYA will consist of 132 townhomes made up of 28 four-unit clusters and four five-unit clusters scheduled for completion in January 2018. 

Sameh Muhtadi, CEO, Bloom Holding, said: “Cityscape Abu Dhabi 2017 has convened this year at a time when the construction activities have gathered momentum at our key projects. The event provides us with as an ideal platform to update our investors on the pace and stages of construction across our projects. The definitive property exhibition is also an opportunity to reiterate our renewed commitment to delivering all our projects on schedule and to the highest construction standards.” 

At Cityscape Abu Dhabi 2017, Bloom Properties also revealed that it has started the leasing of 225 upscale and spacious apartments in Bloom Marina following the completion of construction works of Bloom Residences residential buildings.  Bloom Marina is a premium waterfront destination located in Abu Dhabi’s Marina Al Bateen area. The development also comprises the Abu Dhabi EDITION five-star hotel, featuring 200-keys and 57 executive serviced apartments, which is due to open in Q4 2017.   

Bloom Properties is marking its participation at the leading real estate event by promoting its growing portfolio of new and diverse projects. On the opening day of the event, Bloom launched Bloom Towers, a residential development located in Dubai’s Jumeirah Village Circle, comprising 689 contemporary and elegantly designed studios and one-bedroom apartments across two of the three towers allocated for sale at unit prices starting from AED 343,000 for studios and AED 559,000 for one-bedroom apartments.

Bloom Properties is a business of Bloom Holding   specializing in the development of integrated and sustainable communities that offer an enriching lifestyle and enhanced quality of life. In collaboration with best-in-class designers and architects, the company builds a range of residential, commercial and mixed-use developments in prime locations across the MENA region. Bloom Properties also provides customized leasing and property management solutions that exceed the tenants’ expectations.