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Covid-19 Economy Impact
bloom property

Bloom Properties’ projects remain on track for handover despite COVID-19

Bloom Properties, has announced significant construction progress across its projects in Jumeirah Village Circle in Dubai.

Despite the challenges brought by COVID-19 pandemic, Bloom Towers and Bloom Heights both are on-track to be completed on schedule.

With rigorous health and safety measures in place, construction works on Bloom Properties’ sites are fully operational. The main work advances rapidly on both developments, with, respectively, 72% and 60% of Bloom Towers and Bloom Heights now complete.

As part of its long-term commitment to provide buyers with investment opportunities that blend high-quality locations, build quality and price in sustainable communities, Bloom Properties has over 6000 units scheduled for delivery in upcoming projects. Future projects include the fifth phase of Bloom’s high-end residential community, Bloom Gardens in Abu Dhabi.

Bloom Holding stated: “Our operations, projects and businesses will continue despite the effects of the COVID-19 situation, with a main focus on the timely delivery of our existing developments in Dubai, where construction continues to make significant progress across Bloom Towers and Bloom Heights. We are working closely with our contractors to ensure on-schedule delivery for customers.

Bloom Towers and Bloom Heights will embrace smart technology which transforms the way customers experience their workspaces and homes. Units in both projects are available for sale with attractive payment plans including a stage payment programme schedule of 10% down payment, 15% during construction and 75% three years post-handover for Bloom Heights and five years post-handover for Bloom Towers. Investors and homeowners of units at Bloom Towers will also enjoy three years of free service charge.

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