Construction News
In association with

Sameh Muhtadi

Sameh Muhtadi

Bloom's Abu Dhabi projects on track for Q4 delivery


Bloom Properties, a specialist in the development of integrated and sustainable communities, said work was progressing well on its Park View and Soho Square developments at Saadiyat in Abu Dhabi and on track for  delivery by the end of this year.

A unit of Bloom Holding, the developer was updating investors and home buyers on the ongoing construction activities across its diverse range of projects in Abu Dhabi and Dubai at the 12thedition of Cityscape Abu Dhabi currently underway at the Abu Dhabi National Exhibition Centre (Adnec).

At the event, Bloom Properties is showcasing an extensive selection of its residential offerings.

These projects include Bloom Heights and Bloom Towers in Dubai’s Jumeirah Village Circle (JVC), as well as Park View and Soho Square mixed-use developments on Saadiyat in Abu Dhabi.

Bloom said work on both its Abu Dhabi projects was going as per schedule. The main works on Park View and Soho Square are on track in the university neighbourhood of Saadiyat, with hand over set for Q4 2018, it added.

On the Dubai projects, the developer said it had recently awarded the main construction contract for Bloom Towers, while the construction works at Bloom Heights was progressing as per plan. These developments are scheduled for handover in Q4 2020 and Q4 2019 respectively.

In order to woo buyers at the event, Bloom Properties has launched an exclusive zero per cent down payment offer besides a waiver on registration fees and service charge for one year on its Abu Dhabi developments.

Valid only during the show from April 17 to 19, the offer is in line with Bloom’s efforts to enable buyers to purchase its high-value residential units at convenient terms, said a top official.

"Bloom Properties is marking an emphatic participation in this year’s Cityscape Abu Dhabi to reaffirm its confidence in the local real estate market. At Bloom, we believe that we can accomplish sustainable success only if we make our offerings more attractive to a cross-section of investors and tailor these offerings to their unique requirements," remarked CEO Sameh Muhtadi.

"Our exclusive Cityscape Abu Dhabi offer provides a good reason for buyers to invest in our projects and benefit from their unmatched value propositions,” he added.-TradeArabia News Service

More Stories