Abu Dhabi residential community scheduled to be completed by 2024, developer says
Bloom Holding, the Abu Dhabi-based real estate development company, has announced that it has signed up Edrafor Emirates, the UAE-based piling contractor, as the first contractor for enabling works of its fully integrated residential community, Bloom Living, in Abu Dhabi.
In a statement, Bloom Holding said that the contractor will commence enabling works in September 2022, ahead of the launch of the community’s second phase, marking a major milestone in the development of Bloom Living.
The 2.2 million sqm development will feature more than 4,000 homes, including townhouses, villas and apartments. The community’s architecture has been inspired by the Mediterranean, the developer said, adding that it will feature traditional Spanish design with contemporary finishings.
The gated community is located within Zayed City and is close to Abu Dhabi International Airport.
Bloom said that this contract award comes just five months after the successful launch of Cordoba, $2.5 billion, adding that the project remains on track for completion in Q4 2024.
Bloom Holding CEO Carlos Wakim said: “The appointment of Edra for Emirates reinforces our commitment to working with best-in-class partners, assuring a timely delivery of our iconic community, Bloom Living.
“At Bloom, we are dedicated to providing UAE residents and citizens alike with a diversity of real estate services that directly address their evolving needs, whilst adhering to the high standards of quality that are synonymous with the Bloom brand.”
The developer added that the main works package of Cordoba is now at tender stage, and that the contractor would be appointed before the end of 2022.
Erda General Manager Pierre Fayad said: “We are delighted to be selected as a valued partner of Bloom Holding, and we look forward to working together and provide a real added value to the UAE’s real estate market.”
“We are confident that Bloom Living project will be built with highest construction standards which will further reinforce Bloom’s position as a developer of choice,” he stated.
Wakim also highlighted that Bloom Living had been designated as an investment zone allowing buyers of all nationalities to purchase residential units in the development.