Bloom Properties to unveil Jumeirah tower project

Bloom Properties, a specialist in the development of integrated and sustainable communities, is set to showcase Bloom Towers - a residential development located at Jumeirah Village Circle in Dubai - at the upcoming Cityscape Abu Dhabi 2017 expo. The event will be held from April 18 to 20 at the Abu Dhabi National Exhibition Centre (Adnec) under the patronage of Sheikh Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. The company is marking its participation at the leading real estate event by promoting its growing portfolio of new and diverse projects. In addition to its new launch, Bloom is showcasing Park View and Soho Square, two key projects on Saadiyat, and Bloom Marina, an exclusive waterfront development in the Marina Al Bateen area of Abu Dhabi. Dubai projects on display include Stella Maris, Bloom’s luxury development in Dubai Marina, and Bloom Heights, a mid-market development in Jumeirah Village Circle, launched at Cityscape Global in Dubai in September 2016. Scheduled for completion in Q4 2020, Bloom Towers will consist of three towers. Targeting the mid-market housing segment, Bloom’s latest launch will comprise 689 contemporary and elegantly designed studios and one-bedroom apartments across two of the three towers allocated for sale at unit prices starting from Dh343,000 for studios and Dh559,000 for one-bedrooms. Sameh Muhtadi, the chief executive of Bloom Holding, said: "In line with our priority to establish our presence in Dubai’s real estate market, we are excited to announce our second project in JVC within less than a year." Bloom Towers is strategically located on the edge of JVC on Al Khail Road with easy access to all major highways. In addition, it is conveniently located in proximity to the future Circle Mall at Jumeirah Village Circle, as well as a community center, parks, retail outlets, schools, playgrounds, and mosques. Offering breathtaking views of Palm Jumeirah, Emirates Hills and Dubai Marina, Bloom Towers will boast contemporary architecture, high-quality finishings and an intelligent design that maximises the value of the living space. Designed with millennials in mind, the development will feature common spaces to meet, connect, relax, work and play, creating a truly unique social experience to help residents unwind. The launch of Bloom Towers – a development that offers an unparalleled value proposition with estimated rental yields up to 11 per cent on studios and 10 per cent on one-bedroom flats demonstrates our continued focus on segments that attract significant investor and end user demand. "Given the overwhelming response to all our previous projects in Dubai and Abu Dhabi, we are confident that Bloom Towers will resonate extremely well with the investor community,"