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Bloom awards licensing contract for 4,000-unit project in Abu Dhabi

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United Arab Emirates – Bloom Holding, a leading real estate development company, has signed Edra with Emirates as its first contractor for Bloom Living, a fully integrated residential community in Abu Dhabi.

Contractors will begin commissioning work in September ahead of the second phase of the community, marking a major milestone in Bloom Living’s development.

Spread across 2.2 million square meters, Bloom Living has more than 4,000 residences, including a selection of villas, townhouses and apartments to meet the unique needs of residents of all generations.

Bloom Living’s architecture is inspired by the rustic vibe of the Mediterranean, seamlessly blending traditional Spanish design with modern decor. Highly accessible gated community located within Zayed City, close to Abu Dhabi International Airport.

In announcing the contract award, Bloom said it was just five months after the successful launch of Cordoba, the first phase for the 9 billion dirham ($2.5 billion) community and four hours after it hit the market earlier this year Sold out. march. It is still on track to be completed in the fourth quarter of 2024.

It added that the main engineering package in Córdoba is now in the tendering stage, with contractors to be appointed by the end of 2022.

Carlos Wakim, CEO of Bloom Holding, said: “Emirates’ appointment of Edra reinforces our commitment to working with best-in-class partners to ensure the timely delivery of our iconic community, Bloom Living. At Bloom, we are committed to providing UAE residents and citizens with access to Diverse real estate services directly meet their changing needs, while maintaining the high quality standards of the Bloom brand.”

Pierre Fayad, Managing Director of Erda, said: “We are delighted to have been selected as a key partner for Bloom Holding and we look forward to working together to provide real added value to the UAE’s real estate market.”

“We believe that the Bloom Living project will be built to the highest construction standards, which will further strengthen Bloom’s position as the developer of choice,” he said.

Wakim said Bloom Living had recently been designated as an investment zone, allowing buyers of all nationalities to purchase residential units in the development.

“This aspiring all-inclusive community will bring together residents of all ages, cultures and ethnicities to provide an exceptional living experience that fosters true human connection,” he added.

Copyright 2022 Al Hilal Publishing and Marketing Group Courtesy of SyndiGate Media Inc. (Syndicate information).

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