Abu Dhabi-UAE: 27 August 2017 – Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, has commenced the enabling works of Bloom Towers, a residential development located in Jumeirah Village Circle (JVC) in Dubai. The developer has appointed National Piling, a leading contracting company with long-standing experience in general construction and civil engineering, to execute the project that is scheduled for completion in Q4 2020.
Launched only three months ago, at the 11th edition of Cityscape Abu Dhabi, Bloom Towers has attracted high investor uptake due to its ideal location and excellent potential for rental and capital value growth.
Targeting the mid-market housing segment, Bloom Towers is the Abu Dhabi-based master developer’s second project in JVC. The development is ideally located on Al Khail Road and offers a short commute to Dubai’s prominent business hubs and free zones while providing a complete range of facilities to help residents achieve a perfect work-life balance.
Bloom Towers will consist of three towers with a total of 944 units. The two towers allocated for sale will comprise 689 contemporary studios and one-bedroom apartments with a timelessly elegant design.
Sameh Muhtadi, CEO at Bloom Properties, said: “We are very excited about the award of Bloom Towers enabling works. The appointment of the contractor in record time articulates our priority to complete the project as per schedule. We have deployed a highly talented project management team for the successful fruition of our mandate. What makes Bloom Towers a unique development is its world-class amenities, connectivity, and the active lifestyle it will offer its residents.”
Cheriyan Alex, CEO at National Piling said: “We are delighted to work with Bloom Properties on this exciting venture. We look forward to utilizing our expertise and strong track record in the execution of major construction projects in the UAE to ensure the delivery of Bloom Towers to the required quality standards and in a timely manner.”
In addition to offering easy access to all major highways, Bloom Towers is conveniently situated in proximity to the upcoming Circle Mall, as well as a community center, parks, retail outlets, schools, playgrounds, and mosques.
To promote an active lifestyle, Bloom Towers will feature a wide range of amenities, such as swimming pools, a jogging track, indoor and outdoor gyms, sauna and steam rooms, a kids’ play area, a private outdoor dining area, a hammock area, a co-working space, an amphitheater, and a private theater. Additional benefits will include 24/7 security, concierge services, and ample parking.
Bloom Properties is a business entity under the Bloom Holding umbrella 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.