Bloom Holding Starts Enabling Works at Phase Two of Bloom Living, Toledo
Abu Dhabi(Press Release):: Bloom Holding, one of the UAE’s foremost real estate development companies, has announced the appointment of Edrafor Emirates LLC as the enabling works contractor for Toledo, phase two of the fully integrated and all-inclusive residential community, Bloom Living.Toledo comprises 405 units ranging from two-and three-bedroom townhouses with sizes starting from 120 sqm to 171 sqm to three- to five- bedroom detached villas from 254 sqm to 428 sqm. The second phase of Bloom Living is scheduled to be completed in end Quarter of 2025.
Carlos Wakim , Chief Executive Officer of Bloom Holding said: “Bloom Holding has established a reputation for excellence in the real estate industry. The start of enabling works in Toledo, six months after its successful launch, is another milestone in the construction of Bloom Living and a pivotal step in its development journey. “Bloom Living has made remarkable progress over the past year, and we look forward to the start of works in its second phase. We are committed to keeping our promise to deliver one of our most exclusive community projects to the highest standards to ensure a superior living experience.” He added.
General Manager of Edrafor, Pierre Fayad said: “Bloom Living is bringing a unique proposition to the UAE real estate market, and we are honoured to have been selected by Bloom Holding for the construction of this community. Through our team’s experience and expertise, and track record of delivery, we are confident that the project will be a great success.”Toledo features a Community Center that includes two swimming pools and two children’s play areas surrounded by lush greenery and stunning landscaping. And to further promote an active and healthy lifestyle, the residents can reach a mosque and two outstanding international schools by foot or bicycle.
Those living within Toledo can benefit from a wide range of facilities available at Bloom Living, just within a short walking distance. Residents can explore the beauty of nature at Bloom Living’s multiple parks, and they can also enjoy their time at the community’s main Clubhouse which provides easy access to pools, sports and recreational facilities, as well as a wellness center. Additionally, at the heart of Bloom Living lies a Town Center that offers an array of retail and F&B options.
The focal point at Bloom Living will be a large lake around which residents can walk, run, and cycle in designated trails. For gatherings and leisure activities, the community features multi-purpose amphitheaters and Sunset and Sunrise Plazas with spectacular views.Inspired by the Mediterranean Spanish architecture and built over an area of 2.2 million sqm, the iconic gated community, Bloom Living, will feature more than 4,500 homes including a selection of villas, townhouses, and apartments. Following its designation as an investment zone, the aspirational community will bring together residents of all ages, cultures, and ethnicities, to deliver a superior living experience that promotes genuine human connection.
Abu Dhabi(News Desk):: Q Properties – a leading UAE real estate developer and subsidiary of Q Holding – has unveiled a collection of stylish new luxury apartments in Reem Hills, located in the heart of the capital and the only gated community on Al Reem Island.
The new collection has been created for value seeking buyers wanting an attractive, contemporary home in a desirable neighborhood and features spacious 1-, 2-, and 3-bedroom apartments and 3-bedroom duplex townhouses available for sale. These residential offerings are presently the largest on the Abu Dhabi market.Each home boasts light-filled rooms and customizable features that mean apartments align with the very highest standards of luxurious urban living. All are designed with absolute comfort and ease of use in mind, with open, closed and combined kitchens and dining, maid’s rooms, en-suite bedrooms, ample storage, dedicated laundry areas, walk-in closets, and large balconies.
Meanwhile, the multi-level boutique garden seamlessly connects each neighborhood cluster in a display of high quality design that characterizes the Reem Hills development.Residents can also explore expansive landscaped areas, relax in covered plazas, or enjoy a picnic or barbecue in lush green parks. For health and wellness lovers there are extensive walkways for strolling, jogging and cycling – as well as outdoor fitness zones and temperature-controlled pools.While Reem Hills offers a peaceful and secure oasis, the community’s central location means it also has easy access to the attractions and amenities of Abu Dhabi, such as proximity to the beach, schools, universities, shopping malls, nightlife, and more.
Chief Executive Officer Q Properties Mr Ben Hudson ,Commenting on the launch, said: “We’re aware there’s a growing demand for communities that offer genuine life balance – places to escape and unwind in luxurious surroundings, without being cut off from life. That’s why we think this new collection is so appealing; you can decompress in your gorgeous, private apartment – but within minutes be in the vibrant city of Abu Dhabi for a business meeting or a fun day out. What could be better?”the newly launched apartments at Reem Hills deliver on Q Properties’ mission to provide the highest quality of life for residents and fulfil the needs of the community both present and future.— Ends —
Q Holding and ORA Real Estate to Develop Sustainable Smart City in Ghantoot, Abu Dhabi
Abu Dhabi(Press Release):: Q Holding and ORA Real Estate Development Group have recently signed a partnership agreement to develop a smart and sustainable city in the Ghantoot region of Abu Dhabi, UAE. The integrated city will span over 20 million square meters and will provide the community with residential, hotel, cultural, commercial, sporting and recreational services, all with a focus on renewable energy and sustainability.
This pioneering project is an important addition to Q Holding’s real estate investment portfolio, furthering its ambitious plans to expand in the country’s real estate market. The Chairman of the Board of Directors of Q Holding, His Excellency Abdulla Mohamed Butti Al Hamed, emphasized the partnership’s significance in supporting Abu Dhabi’s local economy, encouraging real estate investment, and attracting investors to create a unique investment opportunity.
Mr. Majed Odeh, Group Chief Executive Officer at Q Holding, conveyed his enthusiasm about the new project in Ghantoot, highlighting its significance as part of the company’s ambitious plans to expand and increase investment in the country’s real estate market. This project represents an important addition to the company’s already impressive portfolio of investments in the sector, solidifying Q Holding’s position as a major player in Abu Dhabi’s real estate industry. Mr. Odeh’s statement underscores the company’s unwavering commitment to innovation and progress, as it strives to develop sustainable and smart cities that meet the needs of communities today while ensuring a brighter tomorrow.
The ORA Real Estate Development Group, renowned for its global expertise in developing integrated urban communities, will leverage its diverse experience to ensure the successful development of the Ghantoot region. Engineer Naguib Sawiris, Founder and Chief Executive Officer of ORA, expressed his confidence in the company’s ability to develop the region based on its diverse expertise across various real estate development branches, including residential, hotel, cultural, and recreational, with a sales value of over US $12 billion in its diverse real estate portfolio worldwide, spanning Egypt, Greece, Cyprus, the Caribbean, and Pakistan.The vision for the development of the Ghantoot region is to establish a world-class city that provides a sustainable community fabric based on renewable energy and smart cities’ technological development, all within a green and sustainable environment. With this partnership, Q Holding and ORA Real Estate Development Group aim to create a groundbreaking model for future sustainable integrated city developments, setting new standards in the industry.- END –
Q Holding Signs a Strategic Agreement with Abu Dhabi Residence Office
The agreement aims to stimulate investment and stability in the capital
Abu Dhabi(Press Release):: “Q Holding” signed a strategic agreement with the Abu Dhabi Residents Office (ADRO), a division of the Abu Dhabi Department of Economic Development, to promote real estate investment and community development in the UAE’s capital, Abu Dhabi. Under the terms of the agreement, the Abu Dhabi Residents Office will nominate real estate investors for the Abu Dhabi Golden Visa upon purchasing a property in “Reem Hills” project, of “Q Properties” (A subsidiary of “Q Holding), that is worth no less than AED 2 million.
Executive Director of Abu Dhabi Residents Office (ADRO)H.E. Hareb Al Mheiri, said “We are delighted to sign this promising agreement with Q Holding, which reflects Abu Dhabi’s efforts to build an inclusive community encouraging current and new residents to live and grow in the Emirate. The agreement also offers various services and programs that stipulates the need to build a sustainable economic system, through attracting and retaining investors, entrepreneurs and top talent in Abu Dhabi.”
Chief Executive Officer of Q Holding, Majed Fuad Mohammed Odeh commented on the occasion: “The agreement comes in line with the thought leadership of the UAE, who aims to raise the investment appeal of the country and provide the ideal environment for the investors and entrepreneurs. It will also expand their business and ambition prospects through obtaining the golden visa”.”We highly value the Abu Dhabi Residents Office’s efforts to position the capital as a leading global destination that contributes to promoting economic diversity and supporting sustainable development efforts,” He added.“Reem Hills” is a luxurious residential gated community, which demonstrates luxury and ease of living. It is located in Reem Island, which embraces a wide range of shopping malls, schools and universities, as well as hotels, beaches and other vital facilities.
A strategic partnership between “Markab Capital” and the Italian “Super Jet” to establish
a civil aircraft factory in UAE
AbuDhabi(News Desk)The Emirati company “Markab Capital” signed a strategic partnership agreement with the Italian company “Super Jet International” to establish a factory for the assembly, installation and production of civil aircraft in UAE.
The factory, which is scheduled to be completed in 2025, is the first of its kind in the Arab world, through which civil aircraft will be assembled and manufactured, and this will be a qualitative addition to the aviation industry sector in the country.
In this regard, Mr. Abdullah Al Qubaisi, Chairman and CEO of “Markab Capital Company”, said: “We are proud of signing the agreement with the Italian company, “Super Jet International”, which aims to establish an aircraft factory that is the first of its kind in the Arab region.”He added, “The volume of investment in the new factory amounts to 180 million US dollars, and the production capacity of the first phase is 10 to15 aircrafts annually. A raise in the production capacity will be based on the received requests.”Mr. Al Qubaisi extended his thanks and appreciation to His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE – may God protect him – and His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, for their unlimited support for national companies, and their encouragement to develop and invest in various sectors, to make the UAE a leading regional and global center in the aviation industry.
He stressed that the “Markab Capital” company will rehabilitate, train and develop national cadres in the civil aviation industry, as part of its strategy to benefit from national expertise and enhance its capabilities in this vital and important field.
Al Qubaisi stated that the UAE has succeeded in manufacturing aircraft components, and is entering a new era in assembling, installing and manufacturing aircraft, which makes it a leader in the Middle East and North Africa region, and will become a competitor in the aircraft industry at the international level during the coming period.
SUZUKI TO BOLSTER GROWING UAE POPULARITY WITH MAJOR INVESTMENT IN NEW FACILITY AND MODEL LAUNCHES IN 2023
Dubai(News Desk):: Japanese automotive brand Suzuki experienced another successful year in the UAE, with sales growth in 2022 boosted by the popularity of key models such as the compact 4WD Jimny and the stylish Swift. The brand is gearing up for even more exciting times in 2023 with several new models and a new facility in the UAE.
Suzuki saw an impressive rise in sales of approximately 15% in 2022 compared to the previous year, despite the challenging economic conditions. Alongside the Jimny and Swift, the seven-seat Ertiga people carrier and the new Ciaz sedan also contributed to the brand’s success in the UAE. Distributed by Al Rostamani Trading Company, Suzuki offers a wide range of vehicles to meet various needs, including the all-new Baleno, the Dzire small sedan, and the Vitara SUV.The brand’s success is due to several factors, including its compact and fuel-efficient vehicles that keep running costs low and have a minimal environmental impact. The Swift and Dzire models, for example, offer fuel economy of 22 km/litre, are safe, stylish, equipped with the latest technology and are priced competitively, making them an affordable option for new car buyers.This year, Suzuki will launch three new models in the UAE: a mid-size SUV, a smaller SUV, and a commercial vehicle. The brand will also introduce a smart-hybrid option, further boosting its market share and targeting a position among the top five manufacturers in the UAE.
As a commitment to enhancing the customer experience, Suzuki will open new, fully equipped facilities in Fujairah to make its services and products more accessible and to support its customers across the Emirates better. These facilities, combined with customizable service contracts and a first-of-its-kind seven-year unlimited mileage warranty, will reinforce customers’ confidence in the brand.
National Sales and Marketing Manager at Al Rostamani Trading Company, Mr. Kamal Shakshir, commented on the brand’s continued success, saying, “Despite the challenges of 2022, from the semi-conductor shortage to difficulties in the global shipping supply chains, we were able to meet the growing demand for Suzuki’s products in the UAE. In 2023, we are confident sales will increase further while maintaining our focus on high-quality customer service.”Suzuki’s 2022 success in the UAE was recognized by its global headquarters in Japan, receiving awards for “Best Sales Growth in the Region,” “Highest Sales in the Region,” and “Best in Service Quality Standards and Parts Operation Standards Implementation.”
With a New Concept of Luxury Residential Units
Q Launches a New Phase of the Leading Reem Hills Gated Community on Al Reem Island
The new phase features five clusters of luxury residential units with various sizes and layouts
Abu Dhabi(News Desk):: Following the success of Phase One and Phase Two of the Reem Hills luxury residential community on Al Reem Island, Abu Dhabi, Q Properties, a subsidiary of Q Holding, announced the launch of a new phase of the leading gated community in the heart of the capital.“This project was designed to embody our vision which stresses sustainability and leadership in quality life. It provides a destination of choice for those who look for a life of luxury, creativity, and serenity. The residential units of this phase were designed to be the new benchmark in terms of interior and exterior spaciousness, even in the smallest units, in addition to contemporary layouts and competitive pricing in the UAE.” said Mr. Majed Fuad Odeh, CEO of Q Holding, the parent company of Q Properties, as he comments on the new launch.
The new phase features five clusters of 593 luxurious residential units, with various layouts and sizes to suit all kinds of tastes and preferences. They consist of 16 majestic villas of 5, 6, and 7 bedrooms, directly and beautifully facing the pristine beach of the Arabian Gulf.
It also consists of 77 villas of 4 bedrooms, 128 twin villas of 4 bedrooms, and 372 townhouses of 3 bedrooms, of various sizes and layouts, all carefully positioned along green neighborhood parks and community parks, with tracks for jogging and cycling. All clusters are beautifully organized with clubhouses that offer swimming pools, fitness gymnasiums, exclusive lounges, and multi-purpose rooms for social gatherings and entertainment.
All residential units in this luxurious community have one thing in common: spaciousness, which is unprecedented in the UAE. A feature that offers a new concept of serenity, contemporary, and luxury life. This is to be added to the project’s proximity to Abu Dhabi’s city center.
Talking about the anticipated reaction of both clients and investors toward the new phase, Mr. Ben Hudson, Chief Executive Officer at Q Properties said, “We can predict the level of trust of clients and investors in our project if we consider the fact that all residential units of Phase One and Two of the project have already been sold before the Phases were officially announced. We are very happy for this trust, and we really thank all our valued clients, investors and real estate agents for the faith they put in Q Properties and the new concept of luxury achieved in the Reem Hills project.”
The first gated community of its kind that is developed with a man-made hill, the milestone project enjoys a direct scenic view of the pristine beaches of the Arabian Gulf, expansive landscaped areas, green community parks, and various tracks for jogging and cycling scattered in every cluster. It’s also well-served with sports and entertainment facilities in addition to integrated facilities that ensure living a healthy lifestyle, and a pleasurable experience. Last September, Q Properties announced that all residential units of Reem Hills’ Phase One and Two were sold in a record time, which reflects unprecedented interest from clients and investors, and solid confidence in Q Properties and its vision and achievements.
“Q Holding” announces executive leadership changes of Q Properties with appointment of CEO Ben Hudson and CDO David Harman.
AbuDhabi(News Desk)::“Q Holding”, Abu Dhabi’s major investment conglomerate, announced yesterday the appointment of two senior executives to lead its subsidiary, “Q Properties”, in its new phase of development.
“Q” appointed Ben Hudson as the new Chief Executive Officer and David Harman as the Chief Development Officer of the group’s development arm, “Q Properties”, paving the way for further growth in the company’s share in the country’s real estate sector.“I’m extremely excited about my new role with “Q Properties” and looking forward to leading the company through our next stage of rapid growth. “Q Properties” is well-positioned to expand as a leading developer in the region, bringing to market great new places to live, work and play that we believe will benefit both our customers and investors.” Mr. Hudson commented when asked about his new role.
With degrees in architecture and urban design from Yale University and MIT and an MBA from a prestigious UK university, Mr. Hudson brings with him more than 26 years of experience with master and property developers in the US, Southeast Asia and Gulf Region.Before joining “Q Properties”, Mr. Hudson served as founding member and Chief Strategy Officer of ROSHN Real Estate, Saudi Arabia’s newest property development giant. There, he helped the new company build and develop a massive multi-billion-dollar portfolio of real estate assets. Before that, Mr. Hudson served as Chief Operating Officer at Kinan International Real Estate Development, among Saudi Arabia’s larger
private developers and with a number of major developers and homebuilders in the United Arab Emirates and United States.
Mr. David Harman, the newly appointed Chief Development Officer, has also amassed extensive experience in the real estate sector for more than 15 years. A Chartered Surveyor with a degree in Property Development & Planning, Mr. Harman acted as Development Director for large developers in the United Kingdom leading mega projects with a combined value of 20 billion AED including Wood Wharf and The Broadway in London.Commenting on his new role, Mr. Harman said, “I have been following the growth of “Q Properties” for some time now, and I am excited to join this insightful management team to raise the benchmark and place the company even higher than its present peak. We are simply poised for growth.”
“Q” has ambitious plans for the future and the new appointment of these two industry leaders will help accelerate Q’s rapid growth in Abu Dhabi and beyond.
Abu Dhabi – UAE, 19 January 2022: Bloom Holding, one of the UAE’s foremost real estate development companies, has announced the appointment of Emirates Link Maltauro L.L.C. as the main contractor to carry out the construction works for Cordoba, phase one of its fully integrated and all-inclusive residential community, Bloom Living.
Scheduled for completion in Q4 2024, Cordoba, the first phase of the AED9 billion ($2.5 billion) Bloom Living community, was launched in March 2022 and sold out within a remarkable 4 hours of its release onto the market.
CEO of Bloom Holding, Carlos Wakim said: “Our vision to offer quality lifestyle in a unique mixed-use development is one step closer to realisation. We are positive that Bloom Living will be one of the most sought-after communities in the capital, and this announcement articulates our sustained efforts to meet the needs of our customers and provide them with the best homes within prime locations. With the commencement of the main contracting works at Cordoba, we seek to fulfil our promise in delivering the project on schedule and to the highest construction standards.”
“Bloom Holding is driven by its commitment to go beyond buyers’ and investors’ expectations. We are carefully selecting right partners, such as Emirates Link Maltauro, to join our journey in building premium communities with best-in-class quality and finishing.” He added.
Mohamad Sleiman General Manager of Emirates Link Maltauro LLC, said: “We are delighted that Bloom Holding selected Emirates Link Maltauro to deliver the first phase of Bloom Living. This marks another quality project demonstrating Emirates Link Maltauro’s strength and core competency in this sector.
“This is a very exciting project, and we honour the confidence and trust placed in us by Bloom Holding by deploying best-in-class processes to ensure the efficient and timely completion of Cordoba to the highest possible standard.” He added.Those living within Cordoba can benefit from a wide range of facilities available at Bloom Living, just within a short walking distance. Residents can explore the beauty of nature at Bloom Living’s multiple walkways, cycling tracks, and linear parks that are connecting the community’s neighborhoods. They can also enjoy their time at the community’s main Clubhouse which provides easy access to pools, sports and recreational facilities, as well as a wellness center. Additionally, at the heart of Bloom Living lies a Town Center that offers an array of retail and F&B options. And to further promote an active and healthy lifestyle, the residents can reach a mosque and two outstanding international schools by foot or bicycle.
The focal point at Bloom Living will be a large lake around which residents can walk, run, and cycle in designated trails. For gatherings and leisure activities, the community features multi-purpose amphitheaters and Sunset and Sunrise Plazas with spectacular views.
Inspired by the Mediterranean Spanish architecture and built over an area of 2.2 million sqm, Bloom Living features more than 4,500 homes, including a selection of villas, townhouses, and apartments, to suit the unique needs of residents of all generations. The highly convenient gated community is located within Zayed City and close to Abu Dhabi International Airport. Bloom Living has been designated as an investment zone allowing buyers of all nationalities to purchase residential units in the development. (Ends)