The Abu-Dhabi based master developer Bloom Holding has launched the stunning Bloom Living villa development, amidst an ongoing demand for spacious properties in the UAE. Interested real estate buyers can choose from a selection of affordable 2-6 bedroom residences at the starting price of AED 1.4M (USD 381K). The range of layouts include an option of a maid’s room, a driver’s room and a family room for the utmost convenience of homeowners.
When purchasing a villa in Bloom Living, you are provided with the opportunity to benefit from an array of attractive promotions. These include a 70/30 two-year post-handover payment plan, a 2% ADM waiver, free service fees for 1 year and free maintenance fees for 1 year. That being said, the properties in the newly released project are available to purchase by all nationalities and the estimated completion date for the project is scheduled for Q4 2024.
Bloom Living will be located in Shakhbout City, just a short drive away from some of the most sought-after Abu Dhabi destinations, including Masdar City and Abu Dhabi International Airport. According to Bayut & dubizzle, this area was one of the most popular among those opting for budget-friendly homes in 2021. In fact, its price per sq. ft grew by a whopping 7.77% compared to 2020 and averaged at AED 447 (USD 121.7), which clearly demonstrates real estate buyers’ interest in this area. As well as all the above, Shakhbout City remained as one of the most in-demand areas in terms of affordable villa rentals, and as of Q1 2022, its ROI is about 7.55%, which is one of the highest in the emirate. The area guarantees decent yields if you are planning to purchase a property for a subsequent lease.
Bloom Holding has launched a range of projects both in Dubai and Abu Dhabi since its foundation in 2007, including Bloom Gardens
in the Eastern Mangrove Corniche, next to Khalifa Park. Its fifth phase was announced in Q2 2021, offering 2-5 bedroom townhouses in a Mediterranean style design with full access to barbecue areas, a community clubhouse and a world-class gym, among other family-oriented amenities.