UAE-based Bloom Properties, a specialist in the development of integrated and sustainable communities, said it has awarded five construction contracts worth over Dh1 billion ($272 million) since the beginning of 2017.

Announcing this on Monday, Bloom Properties said with most developments scheduled for completion in less than two years, work on the sites was progressing rapidly.  

The Emirati developer has selected leading construction companies to execute its projects.

General Construction Company has been roped in for the main construction works of its key development Stella Maris, while Becon Construction has been signed up for Bloom Heights, Emirates Link Maltauro for Faya at Bloom Gardens and Soho Square besides Airolink for Bloom Education’s Brighton College UK and Dwight School New York schools in Dubai.

Among the awarded projects, Stella Maris is a major luxury waterfront development in Dubai Marina that will comprise 313 high-end residences ranging from one- to three-bedroom units, as well as four-bedroom duplex apartments and penthouses.

The 52-storey development will be conveniently located within walking distance of public transportation options including Dubai Metro and Dubai Tram, providing easy access to several facilities and services in the Marina area.

Sameh Muhtadi, the chief executive of Bloom Holding, said: "The awarding of contracts demonstrates our commitment to delivering all our announced projects on schedule. We have appointed reputed contractors and suppliers to ensure strict adherence to the highest quality standards through all stages of construction."

Another project in progress is Bloom Heights, a mixed-use development in Dubai’s Jumeirah Village Circle (JVC) that will consist of two high-rise towers with a shared podium. Boasting easy access to all major roads, Bloom Heights will offer a total of 686 residential units from studios to one, two and three bedroom apartments.

Bloom Properties has also commenced the main works of Faya, the fourth phase of the Bloom Gardens master-planned community with 132 townhomes laid out in 28 four-unit clusters and four five-unit clusters.

Also under construction is Bloom’s 89,000-sq-m Dubai school campus in Al Barsha South that will house two premium K-12 educational institutions – a British curriculum school affiliated with Brighton College UK and an American International Baccalaureate (IB) curriculum school affiliated with Dwight School New York.

The developer awarded the last contract for the construction of the Soho Square mixed-use urban development in the University neighbourhood of Saadiyat.

"These contracts mark a key step towards developing unique urban destinations with a sense of place that cater to the needs and desires of the community," he added.-TradeArabia News Service