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| 12 December, 2016

UAE's Bloom Properties announces hand-over of Bloom Gardens phase III

UAE's Bloom Properties announces hand-over of Bloom Gardens phase III

Developer Repeats Feat of Delivering Ahead of Time Once Again

11 December 2016

Abu Dhabi-UAE – Bloom Properties, a Bloom Holding subsidiary specialized in the development of integrated and sustainable communities, has announced the delivery of Phase 3 of its Bloom Gardens master development prior to the scheduled hand-over in Q1, 2017.

One of the most prestigious residential addresses on Abu Dhabi Island, Bloom Gardens Phase 3 comprises a total of 147 residential units ranging from three bedroom townhouses, semi-detached three bedroom villas, as well as four and five bedroom detached villas.

Sameh Muhtadi, CEO of Bloom Holding said: “Following the successful delivery of Phase II of Bloom Gardens ahead of time, Bloom has repeated the feat again through the handover of the third phase of Bloom Gardens community prior to the scheduled completion date. Its delivery ahead of schedule further underscores our continued commitment to providing our customers with high-quality living spaces built to the industry's highest construction standards.  We welcome the residents to their new home and look forward to serving them continuously.”

Marking a major milestone in the realization of Bloom’s flagship project in Abu Dhabi, the hand-over of Bloom Gardens Phase 3 is anticipated to bring critical mass to the project and enhance its overall value. It is available on a freehold basis to UAE nationals, and has been in strong demand from home buyers and investors due to its exclusivity and unparalleled location on the island of Abu Dhabi.

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Bloom Gardens is an award winning residential development nestled in the heart of the capital minutes away from the natural sanctuary of the Corniche Al Qurum and Khalifa Park, making it easily accessible from every vibrant district of the capital.

In addition to its prestigious location, the gated community development offers round-the-clock security and a host of upscale amenities and facilities. A community center, as well as a nursery and a poly-clinic are also planned.

Bloom Gardens is also home to Brighton College Abu Dhabi that was established in 2011 by Bloom Education in association with Brighton College-UK.

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.

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© Press Release 2016