Staff Report
Dubai, UAE
Bloom Holding, a UAE-based real estate developer, said, it will offer a guaranteed annual Return on Investment (RoI) of up to 8 percent over five years for its hotel apartments at Bloom Arjaan by Rotana.
Bloom Arjaan is due to open in the fourth quarter of 2024 and has been designed to deliver the comfort of a home, along with generous living spaces to the conveniences of a hotel – including intuitive technology and professional services.
It is located in Bloom’s prestigious Park View on Abu Dhabi’s Saadiyat Island. Its unit range starts from studios to one- and two-bedroom hotel apartments with sizes spanning from 44 – 114 Square meters.
This development brings together a second home with a hotel experience in the form of hotel apartments, featuring modern amenities and facilities including a state-of-the-art fitness centre, ample green spaces, a floating swimming pool, located thirty metres above ground, a bridge that connects the two buildings. Residents can also enjoy the hotel’s main restaurant and a range of retail, food and beverage outlets which include several renowned eateries and cafes.
Bloom Arjaan is part of the Park View development on Saadiyat Island, at the heart of the capital’s cultural district and sits across from the New York University Abu Dhabi. The strategic location of Bloom Arjaan makes it a destination for university students, professors and their families, alongside the usual guests attracted by the Saadiyat island’s lifestyle and offerings.
Carlos Wakim, CEO of Bloom Holding, said, “Bloom Arjaan by Rotana provides investors with an unmatched opportunity to secure exceptional long-term value. It offers a developer-backed guaranteed return of investment of up to 8 percent over 5 years, which falls in line with our commitment to delivering unparalleled products and creating value for our customers.”
The development is a short drive from a number of museums including The Louvre Abu Dhabi and Zayed National Museum, with the Guggenheim Abu Dhabi. Other attractions include Saadiyat Beach Golf Club, SeaWorld, Snow Abu Dhabi, and Yas Island featuring the Yas Marina Circuit and Ferrari World Abu Dhabi.
“Our partnership with Rotana will bring a new offering to Abu Dhabi’s real estate and hospitality sectors providing high returns on investment in sought-after locations such as Saadiyat Island. Bloom Arjaan by Rotana represents the realisation of our vision to combine Bloom’s extensive experience in designing beautiful homes with Rotana’s deep understanding of hospitality to elevate residents’ lifestyles,” he added.
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