Bloom Properties, the joint real estate development arm of the National Holding and Emirates International Investment Company (EIIC) is launching a luxury residential development under the name of Bloom Gardens (June 30th) on one of the last stretches of land along the capital’s prestigious Eastern Mangrove Corniche Road.
The development features 640 luxury detached and semi-detached villas, townhouses and apartments, allowing investors one of the last opportunities to secure a foothold along this tract of sea frontage. Construction of this landmark community-project will commence in January 2009.
“We are looking forward to the fruition of Bloom Gardens in the first half of 2011, the first of several Bloom-branded, master-planned communities in strategically selected locations,” says Hani Shammah, Bloom CEO.
The Bloom brand takes a fresh approach to property, and specifically community-orientated development - a new generation of property development, which sets Bloom apart from other developers in the capital.
In addition to Bloom Gardens, the company is currently developing a multi-billion dollar portfolio of large-scale, mixed-use, master-planned communities located across the MENA region and beyond. Forthcoming Bloom communities will incorporate unique assets with strong operators in the educational, hospitality, healthcare and leisure fields, depending on the location.
Shammah concludes, “This development reflects our aspirations to become a leading developer in fast-growing markets, starting with Abu Dhabi, and soon ranging from Morocco to Vietnam and from Kazakhstan to South Africa.”
About Bloom Gardens
Bloom Gardens is an exclusive gated residential development on the Eastern Corniche, Abu Dhabi, and is a short distance away from the Mangroves. The Bloom Gardens will combine detached villas of 4, 5, 6, 7 bedrooms, semi detached villas of 3 & 4 bedrooms, 3, 4 bedrooms Townhouses and 2, 3 and 4 bedrooms apartments, set in a lush landscaped environment and designed by international architects. This is the first project to be launched under the new Bloom brand.
Amenities include concierge service, 24-hour security with guard-controlled access for vehicles and pedestrians, serviced laundry, restaurants, coffee shops, clubhouses, safe play areas, basketball and tennis courts, parking space within the units, neighbourhood recreational building and pool house, barbeque and picnic area in addition to retail outlets including convenience stores for everyday groceries and designer boutiques.
About Bloom Properties
Bloom Properties is the joint real estate development arm of Emirates International Investment Company and National Holding, with headquarters in Abu Dhabi. In 1999, a team of professionals undertook the development and subsequent management of various residential and commercial towers in addition to several retail, leisure, recreation centres and residential compounds throughout the UAE, in Abu Dhabi, Al Ain and Dubai. The company currently develops mixed used projects in Abu Dhabi, Al Ain, Algeria, and most recently Romania.
Bloom’s primary focus is on identifying and developing strategically located large scale communities in new markets with excellent growth potential. The company is currently pursuing opportunities in four additional countries.
Bloom is a multi-line, full-service real estate development company, handling property development, investment, property management, in addition to overseeing the developments of hospitality, education, leisure and healthcare assets.
Bloom's recently announced projects include Bloom Gardens, Abu Dhabi Marina and Dounya Park in Algeria.
