{"id":51334,"date":"2017-04-08T22:48:17","date_gmt":"2017-04-08T15:48:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=51334"},"modified":"2017-04-08T20:59:16","modified_gmt":"2017-04-08T13:59:16","slug":"abu-dhabi-developer-bloom-properties-starts-leasing-apartments-at-al-bateen-project","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabi-developer-bloom-properties-starts-leasing-apartments-at-al-bateen-project\/","title":{"rendered":"Abu Dhabi developer Bloom Properties starts leasing apartments at Al Bateen project"},"content":{"rendered":"


\nBloom Properties has begun leasing new residential apartments at Bloom Residences, a 225-apartment project that is part of Bloom Marina in Abu Dhabi’s Al Bateen area. The company said that the units available for lease are in two new buildings next to the Edition hotel, which is set to complete in the final quarter of this year. The units range from 90 square metres for a one-bedroom apartment to 265 sq m for a four-bed unit, and in rental cost from Dh80,000 to Dh230,000 per year. The Edition hotel is a boutique brand created by the US-based developer Ian Schrager that has properties in London, New York, Miami and the Chinese city of Sanya. It is to have 200 rooms and 57 serviced apartments. The wider Marina Bloom development is to have a total built-up area of 150,000 sq m when complete, including 3,000 sq m of waterfront retail, health clubs, cafes and restaurants, and parking for 850 cars.Sameh Muhtadi, the chief executive of Bloom Properties’ parent firm, Bloom Holding, said: “We expect to see strong demand from potential tenants.”According to the property consultancy CBRE, apartment rents fell by 7 per cent across Abu Dhabi last year, though the rate of decline slowed in the final quarter of the year. It said that rising living costs meant that smaller units in more affordable communities performed better than luxury properties. The company’s UAE head of research, Matthew Green, said: “The current shortage of affordable product has certainly helped to insulate rentals in locations such as Al Reef Downtown and other similar developments off-island.”mfahy@thenational.aeFollow The National’s Business section on Twitter
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\nSource : thenational.ae
\nRead more…Abu Dhabi developer Bloom Properties starts leasing apartments at Al Bateen project<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bloom Properties has begun leasing new residential apartments at Bloom Residences, a 225-apartment project that...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-51334","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-dlY","jetpack-related-posts":[{"id":42301,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabi-developer-bloom-holding-considers-ipo-to-finance-projects\/","url_meta":{"origin":51334,"position":0},"title":"Abu Dhabi developer Bloom Holding considers IPO to finance projects","date":"January 30, 2017","format":false,"excerpt":"\r Bloom Holding, the Abu Dhabi-based developer is considering an IPO as one of a number of financing options as the company announces an ambitious list of projects.The company, which is part of Abu Dhabi's National Holding, said that it was getting \"IPO ready\" over the next two years as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9272,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bloom-central-apartments-and-offices-enter-the-market-in-abu-dhabi\/","url_meta":{"origin":51334,"position":1},"title":"Bloom Central apartments and offices enter the market in Abu Dhabi","date":"March 28, 2016","format":false,"excerpt":"\r \r The Abu Dhabi-based private developer Bloom Properties has started marketing 49 apartments and 7,000 square metres of office space at the first phase of its its Bloom Central development close to the Al Wahda Mall in Abu Dhabi. The two and three bedroom apartments and the office space\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24391,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/work-on-bloom-properties-soho-square-project-at-saadiyat-island-to-start-next-month\/","url_meta":{"origin":51334,"position":2},"title":"Work on Bloom Properties' Soho Square project at Saadiyat Island to start next month","date":"August 30, 2016","format":false,"excerpt":"\r Work on 302 apartments at Bloom Properties' Soho Square development on Saadiyat Island is due to start next month after Bloom awarded an enabling works contract for the project to Dutch Foundation Company and Concrete Rehabilitation.Bloom said that the contractor would start site preparation, creating access routes and installing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24889,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bloom-properties-plans-affordable-housing-in-abu-dhabi-and-dubai\/","url_meta":{"origin":51334,"position":3},"title":"Bloom Properties plans affordable housing in Abu Dhabi and Dubai","date":"September 4, 2016","format":false,"excerpt":"\r Bloom Properties is planning to build 3,000 flats in Abu Dhabi which can be rented out for as little as Dh45,000 a year.The Abu Dhabi-based developer said that it planned to build five blocks of what it calls \"mid range\" housing in the capital after buyers reserved 182 of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52083,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aldar-maintains-its-aim-at-abu-dhabi-mid-market-property\/","url_meta":{"origin":51334,"position":4},"title":"Aldar maintains its aim at Abu Dhabi mid-market property","date":"April 17, 2017","format":false,"excerpt":"\r Aldar Properties will continue its focus on the price-conscious Abu Dhabi investor with the launch at a property exhibition in the capital today of its second mid-market off-plan housing project. Abu Dhabi's largest listed developer said yesterday that it plans to build 1,272 homes on Reem Island with prices\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59258,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bloom-expects-boost-to-luxury\/","url_meta":{"origin":51334,"position":5},"title":"Bloom expects boost to luxury","date":"June 29, 2017","format":false,"excerpt":"\r The Abu Dhabi developer Bloom Holding does not expect the capital's luxury housing sector to start picking up until the end of next year.Sameh Muhtadi, the chief executive of Bloom, the private developer currently responsible for a clutch of ambitious projects in Abu Dhabi and Dubai, thinks that the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/51334"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=51334"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/51334\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=51334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=51334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=51334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}