Bloom Holding, one of the UAE’s foremost real estate development companies, has announced a guaranteed annual return on investment of up to 8 per cent over five years for its hotel apartments at Bloom Arjaan by Rotana.
Only a limited number of premium units are available for investment. Located in Bloom’s prestigious Park View on Abu Dhabi’s Saadiyat Island and managed by Rotana Hotel Management Corporation (Rotana), units at Bloom Arjaan by Rotana range from studios to one- and two-bedroom hotel apartments with sizes spanning from 44 sqm to 114 sqm.
Bloom Arjaan by Rotana is due to open in Q4 2024 and will be mindfully designed to deliver the comfort of a home, along with generous living spaces, in addition to the conveniences of a hotel – including intuitive technology and professional services.
This sophisticated development brings together the best of a second home with a hotel experience in the form of hotel apartments, featuring a variety of amenities and facilities including a state-of-the-art fitness center, ample green spaces, and a floating infinity swimming pool, located thirty meters above ground, on 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 cafés.
Bloom Arjaan by Rotana is part of the established and vibrant Park View development on Saadiyat Island, which enjoys a prominent location in the heart of the capital’s cultural district and sits across from the world-renowned New York University Abu Dhabi. The strategic location of Bloom Arjaan by Rotana makes it a sought-after destination for university students, professors and their families, alongside the usual guests attracted by the Saadiyat island’s lifestyle and offerings.
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.
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% over 5 years, which falls in line with our commitment to delivering unparalleled products and creating value for our customers.
“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 realization 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.