Abu Dhabi-UAE: 06 April, 2017 – Bloom Properties, a business of Bloom Holding specialized in the development of integrated and sustainable communities, has announced the commencement of main works at FAYA, the fourth phase of its master planned community Bloom Gardens.
Emirates Link Maltauro, a leading general contracting company that has built a solid reputation in delivering high-profile projects within the UAE, has been appointed to execute and complete the main works.
This follows the recent delivery of Phase 3 of its Bloom Gardens master development prior to the scheduled hand-over in Q1, 2017, bolstering Bloom’s reputation as a developer focused on the time-bound delivery of its projects.
Sameh Muhtadi, CEO of Bloom Holding, said: “We are delighted to confirm that the main works of FAYA at Bloom Gardens have commenced. This marks a significant milestone for the master development that has set new benchmarks for quality urban lifestyle.”
Sameh added: “Bloom enjoys excellent working relationship with Emirates Link Maltauro which is credited with completing the phase 2 and phase 3 of Bloom Gardens ahead of schedule. Bloom Gardens has created a community that its residents are proud to call home due to its highly accessible location and top notch facilities. Bloom Properties is committed to completing FAYA with the quality standards we have endorsed in earlier phases.”
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 132 townhomes made up of 28 four-unit clusters and four five-unit clusters.
Following its launch during the tenth anniversary edition of Cityscape Abu Dhabi in April, 2016, Bloom sold 90% of FAYA within one week since its launch. The strong investor response is attributed to the project’s ideal location, its array of lifestyle amenities and the attractive payment plans.
Mohamad Sleiman, General Manager, Emirates Link Maltauro, said: “We are proud to be a part of this strategically located project. It provides us with another opportunity to showcase our extensive experience in executing several landmark projects in the Middle East. We are committed to delivering the project to the highest standards of excellence expected of us.”
Bloom 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 rapidly growing portfolio of projects within the UAE, the wider MENA region, Europe and the United States.