Bloom Properties sells 90% of Faya

Abu Dhabi: Bloom Properties, a subsidiary of Bloom Holding, has sold 90 per cent of Faya, the fourth phase of its planned community Bloom Gardens, within one week since its launch, the developer announced.

Faya will consist of 132 town houses made up of 28 four-unit clusters and four five-unit clusters. It is scheduled for completion in Q4 2017.

According to Bloom Properties, Faya is an attractive investment opportunity for potential buyers and investors, with a payment plan linked to construction milestones and 65 per cent to be paid upon completion.