October 16, 2021 real estate

Bloom names contractor for 181-unit Abu Dhabi project

Leading UAE developer Bloom Holding has appointed Emirates Link Maltauro as the main contractor for its 181-unit project, Aldhay, featuring two-, three-, four- and five-bedroom townhouses within its masterplanned community, Bloom Gardens, in Abu Dhabi.

Located on the Eastern Mangrove Corniche, Aldhay is scheduled for completion in the third quarter of 2023 and will add 181 townhouses to the existing elegant 457 villas and townhouses at Bloom Gardens.

All these homes are designed with a Mediterranean feel and superior, modern finishings, complimented by exceptional facilities.

Bloom said the construction work was moving at a steady pace with the enabling and piling works already completed.

The project is designed to become an exclusive residential community in one of the most prestigious areas in Abu Dhabi city within close proximity to some of the city's key landmarks and lifestyle destinations, including Khalifa Park, Sheikh Zayed Grand Mosque and Zayed Sport City, offering a high rental yield for UAE national investors and a great place to call home for end users.

On the contracts, CEO Carlos Wakim said: 'The appointment of Emirates Link Maltauro is an exciting milestone for us in 2021. We are carefully selecting right partners to join our journey in bringing the right type of product to the market at the right price, without compromising on the quality and finishing.'

'Considering its strong track record, we are confident on delivering premium units in a dynamic, mixed-use community, contributing to Abu Dhabi’s real estate market growth and development, while also improving residents’ quality of life,' he added.

According to Wakim, Aldhay’s residents will have direct access to premium amenities including a round-the-clock security, landscaped recreational areas, exclusive clubhouse, swimming pools, kids play area, F&B outlets, prayer halls, state-of-the-art male and female gyms, as well as retail shops, and educational institutes such as Brighton College Abu Dhabi.

To woo investors, Bloom is offering the project's units at attractive prices alongside flexible payment plans.

On the contract win, Emirates Link Maltauro General Manager Mohamad Sleiman said: 'We are delighted to be selected to collaborate with Bloom Holding on this project, which is testament to our expertise in the construction of prime residential developments in the UAE.'

'We execute each of our contracted projects to the highest possible standard, and are confident that we will deliver the same for Aldhay that will ultimately reinforce Bloom Holding’s position as a leading real estate developer in the country,' he added.


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