Bloom Properties, established in 1999, is a premier real estate developer based in Abu Dhabi and a subsidiary of Bloom Holding. The company is renowned for developing innovative, sustainable, and architecturally distinctive communities. With projects in key locations like Saadiyat Island and Marina Al Bateen, Bloom focuses on high-quality construction, luxurious amenities, and high rental yields—offering up to 11% returns on studios and 10% on two-bedroom units. Bloom Properties has established itself as a leader in combining artistry with functionality in the UAE’s real estate landscape.
Overview
Since its inception, Bloom Properties has aimed to elevate urban living by designing communities that are both luxurious and sustainable. Its developments prioritize resident comfort, return on investment, and modern architectural trends. As part of Bloom Holding, the company leverages a strong foundation and financial backing to deliver exceptional residential and mixed-use developments across Abu Dhabi.
- Founded: 1999
- Headquarters: Abu Dhabi, UAE
- Parent Company: Bloom Holding
- Primary Focus: Luxury real estate, high rental yield properties, sustainable design
- Key Locations: Marina Al Bateen, Saadiyat Island
Team of company
CEO
Carlos Wakim is the Chief Executive Officer of Bloom Holding, Chairman of the Executive Committee for Bloom Education, and Chairman of the Board of Governors of Brighton College UAE schools. He leads operations across all Bloom Holding companies, including Real Estate (Bloom Properties), Education Investments, Hospitality (Bloom Hospitality), Facilities Management (bfm), and Landscaping services (Bloom Landscape).
Projects of Company
Bloom Marina – Al Bateen, Abu Dhabi
Bloom Marina is a waterfront community offering luxurious living just five minutes from central Abu Dhabi. With a mix of serviced and private apartments, residents enjoy access to scenic walkways, fitness centers, swimming pools, and dining options. The development provides an ideal blend of serenity and city convenience.
Bloom Residences – Bloom Marina
Located within Bloom Marina, these two residential buildings offer 225 high-end rental apartments, ranging from 90 sq.m to 265 sq.m, with annual rental prices from AED 80K to AED 200K. The residences offer a modern lifestyle supported by luxury facilities such as fitness clubs, restaurants, and waterfront access.
Bloom Gardens – Abu Dhabi
An exclusive gated community in Abu Dhabi, Bloom Gardens features 2- and 3-storey villas with 3 to 5 bedrooms. These homes boast high-end interiors, jacuzzis, fully-equipped kitchens, and built-in wardrobes. The community also includes recreational amenities like children’s play areas, swimming pools, and health clubs.
FAYA – Bloom Gardens
Part of the Bloom Gardens master plan, FAYA comprises 132 luxury townhouses arranged in clusters. The development saw an immediate success with 90% of units sold within a week of launch. The project offers green open spaces, luxury amenities, and access to all Bloom Gardens’ shared facilities.
Operating Model
While not explicitly detailed, Bloom Properties follows a development model focused on:
- Location Selection: Targeting high-demand, premium neighborhoods like Saadiyat Island and Al Bateen.
- Sustainable Design: Commitment to eco-conscious, autonomous building design.
- Customer-Centric Approach: Focus on resident comfort, wellness, and return on investment.
- High-Yield Strategy: Designing projects that offer strong rental yields for investors.
- Integrated Living: Providing all-in-one lifestyle communities with leisure, wellness, and retail amenities.
Conclusion
Bloom Properties continues to solidify its position as a top-tier real estate developer in the UAE through a combination of artistic design, sustainable practices, and strong investment appeal. Its strategic developments in sought-after locations like Marina Al Bateen and Saadiyat Island offer both luxury living and attractive returns. With a solid track record of high-quality, fully-serviced developments and consistently strong market demand, Bloom Properties stands out as a reliable and forward-thinking choice for both residents and investors.
