Leading UAE real estate developer Bloom Properties has announced that work on Tower A, an elite building within its premium development Bloom Towers located in Dubai, has now entered the final stages of completion and is on track for delivery by the year-end.
The 43-storey building, which is located on the edge of Jumeirah Village Circle, consists of 255 premium residential units ranging from one- to three-bedroom apartments with sizes from 700 to 1,600 sq ft available for purchase at prices starting from AED750,000 ($204,169).
Bloom has launched a special scheme for this project under which it is offering homeowners and investors a guaranteed 8% return on investment for three years.
Buyers can enjoy unmatched financing plans, with a stage programme schedule of only 10% down payment, 30% during construction and the remaining 60% due three years post-handover, said a company spokesman.
Bloom Towers aims to deliver an aspirational living experience through best-in-class residential units, that benefit from exceptional facilities, in one of Dubai’s most up and coming areas, he stated.
The development will consist of three residential towers with 944 luxurious and contemporary units. Each home has been beautifully finished with modern design and convenient living spaces to provide ultimate comfort to residents.
The entire project is expected to be handed over to customers in December.
Bloom Properties pointed out that the launch of Tower A builds on the success and high demand it had witnessed for Towers B & C.
"Our ability to deliver the project in a timely manner, even amidst a global pandemic, is testament to Bloom Properties’ dedication to our valued customers and partners," said the spokesman.
"Bloom Towers reinforces our deep commitment to meeting market demand for premium residential real estate through the development of world-class urban communities, that enrich the lives of residents," he noted.
It offers high-quality services and superior amenities for active living such as hitech gyms, a co-working space, a leisure and lap pool, private outdoor dining area, sauna and steam rooms, a jogging track, an event amphitheatre, and concierge services.
"The response to Towers B and C has been extremely positive, and we are confident that Tower A, the Elite building of Bloom Towers, will similarly appeal to the market as it provides investors and homeowners alike a unique opportunity to purchase an apartment, offering attractive yields, in one of Dubai’s fastest growing communities," he added.-TradeArabia News Service