Bloom Properties is to unveil the fourth phase of its Bloom Gardens project at Cityscape Abu Dhabi.
The latest phase, named Faya, will contain 132 town houses made up of 28 clusters that each contain four units and four clusters containing five units.
The company said it is targeting UAE nationals looking to bulk buy at least three units, and that it would offer a payment plan with the schemes, with 60 per cent paid over the course of construction and the remaining 40 per cent on completion, which is due by the end of next year.
Bloom Gardens is a residential community near Khalifa Park in Abu Dhabi, where three previous phases containing a total of 325 villas have already been launched.
“Bloom is delighted to launch Faya in the well-established and mature Bloom Gardens community,” said Sameh Muhtadi, the chief executive of parent company Bloom Holding.
“Faya will be developed to the highest standards in design, architecture and construction, while providing attractive long-term investment returns for UAE national investors.”
A new community centre is also due to open at Bloom Gardens in the summer, the developer said. It will contain health clubs, saunas and steam rooms, a gym and swimming pools. There will also be a multi-purpose hall for holding events and a community mosque with a capacity to house up to 200 worshippers.
Bloom Holding is a subsidiary of Abu Dhabi-based National Holding.
mfahy@thenational.ae
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