Leading real estate developer Bloom Properties has reported that the initial phase of Aldhay, a part of its master-planned community, Bloom Gardens, got sold out within just six hours of its release in the market.
Situated on the Eastern Mangrove Corniche, Aldhay is designed to become an elite residential local area in quite possibly the most renowned areas in Abu Dhabi city.
It is in close proximity to some of the city’s important landmarks and way of life objections, including Khalifa Park, Sheik Zayed Grand Mosque, and Zayed Sports City, offering a high rental yield for UAE national investors and an incredible spot to call home for end clients.
The undertaking, set for culmination in the second from last quarter of 2023, will add 181 extensive two-, three-, four-, and five-room townhouses to the current exquisite 457 villas and townhouses at Bloom Gardens.
The company has also reported that it will be releasing the second phase of the project for deals.
Aldhay’s townhouses come in a variety of types and sizes that range from 124 square meters to 325 sq m beginning from AED1.8 million.
Each house is planned with a Mediterranean vibe and superior, current finishings, commended by remarkable facilities.
Aldhay’s residents will have direct admittance to premium amenities including nonstop security, landscaped recreational areas, selective clubhouse, pools, kids play region, F&B outlets, prayer halls, state-of-the-art male and female gyms, as well as retail shops, and educational institutes like Brighton College Abu Dhabi.
“We are delighted to witness the extremely positive response to Aldhay. This overwhelming success, with a six-hour sell-out of the first phase, reflects Bloom Holding’s commitment to keeping pace with the emirate’s rapidly evolving and diversifying real estate landscape,” said a company spokesman.
“We see a lot of reason for optimism in the real estate market and we are very confident in the quality of Bloom’s products, as buyers will always feel they are investing in a premium asset that provides great value,” he noted.
“The Abu Dhabi real estate market is stable and maturing, and we are confident that 2021 will be a positive year for Bloom Holding, as well as the real estate market in Abu Dhabi – especially given that there is an increase in demand and appetite for high-end residential communities complemented by world-class amenities,” he added.