Abu Dhabi – MENA Herald: Bloom Properties, a subsidiary of Bloom Holding specialized in the development of integrated and sustainable communities, has unveiled FAYA, the fourth phase of its master planned community Bloom Gardens as part of its participation in the tenth anniversary edition of Cityscape Abu Dhabi – on April 12th at the Abu Dhabi National Exhibition Centre (ADNEC).
Bloom Gardens is an exclusive residential community 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 a total of 132 townhomes made up of 28 four-unit clusters and four five-unit clusters.
The unique contemporary townhouse development represents an unparalleled investment opportunity for UAE national investors bulk buyers looking to purchase and invest in 3+ units. FAYA is an attractive investment opportunity for potential buyers and investors with a payment plan linked to construction milestones and 40% to be paid upon completion. FAYA is scheduled for completion in Q4 2017.
Sameh Muhtadi, CEO of Bloom Holding, said: “Bloom is delighted to launch FAYA in the well-established and mature Bloom Gardens community. The project demonstrates our commitment to meeting the growing demand for quality, uniquely designed residential communities with high end finishes and world-class amenities. FAYA will be developed to the highest standards in design, architecture and construction, while providing attractive long-term investment returns for UAE national investors.”
In addition to its prestigious location, the project will feature modern and contemporary architecture with an efficient and intelligent design that maximizes the value of living space. It will offer the same upscale amenities as Bloom Gardens Phase 1, 2 and 3, including round-the-clock security, ample parking space, as well as walking, running and kids play areas. Bloom Gardens will include a polyclinic, nursery and community center.
Set to open in the summer of 2016, the community center will include a male and female sauna and steam rooms, a multi-functional hall for hosting various events and a community mosque with the capacity to hold 200 worshippers. The centre will also host a male and female health club, a gym and swimming pools for kids and adults.
At Cityscape Abu Dhabi, Bloom Properties is showcasing a diversified project portfolio that spans across real estate, education, hospitality, healthcare, property & facility management and landscaping services. The developer is leveraging its status as a licenced master developer by the Abu Dhabi Department of Municipal Affairs under the provision of the new real estate regulatory law that seeks to reinforce the emirate’s real estate sector.
Bloom recently commenced the construction of Phase 3 of the overall approved Bloom Gardens community master plan that involves the development of 147 housing units. In parallel, the company has also started the leasing of 49 well-appointed two- and three-bedroom Bloom Residences and 7,000 square meters of premium office space within Bloom Central, a 25-storey mixed-use project strategically located in the heart of Abu Dhabi city.
Bloom Holding, a subsidiary of National Holding, is a group of companies dedicated to developing sustainable and integrated urban communities that offer an enriching lifestyle and quality of life. The Group is driven by its vision to surpass the expectations of buyers and investors through partnerships with best-in-class providers in education, hospitality, health care and property services. Bloom Holding has an established and growing portfolio of projects within the UAE, the MENA region, Europe and the United States.