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Bloom Holding to complete 2 Dubai projects by mid-2020

Bloom Holding to complete 2 Dubai projects by mid-2020
Construction progress in Bloom Heights reached 30%

UAE – Mubasher: Bloom Holding is expected to complete Bloom Heights and Bloom Towers in Dubai by mid-2020, Al Bayan newspaper reported, citing the company’s CEO, Sameh Muhtadi, as saying.

Construction progress in Bloom Heights and Bloom Towers reached 30% and 25%, respectively, he revealed. 

In addition, the UAE-based real estate developer will deliver Park View and Soho Square with combined housing units of 745 at Saadiyat Island in the near future.

By the third quarter of 2019, the company will start the execution of the fifth phase of Bloom Gardens which will feature about 200 townhouses.

Moreover, Bloom District is forecast to obtain the required licences in Q3-19 to be executed over five phases in 10 years with expected costs ranging from AED 7 billion to AED 8 billion. 

Bloom District will include 4,000 residential units, along with various facilities, over 2.2 million square metres near Abu Dhabi Airport.