• HSBC

Bloom Gardens continues to focus on end-users by offering special financing option

  • United Arab Emirates: Wednesday, April 22 - 2009 at 13:49
  • PRESS RELEASE

Bloom Properties, the Abu Dhabi-based developer of property and lifestyle solutions, signed an agreement with Abu Dhabi Islamic Bank for a financing option for its Bloom Gardens flagship development allowing customers to pay only 5% upon booking, with up to 80% financing and half of the down-payment deferred until unit delivery.

This offering is one of the ways in which Bloom is focusing on an end-user market for sales of Bloom Gardens villas and townhouses, in addition to a personalized approach entailing one-on-one discussions with prospective buyers to pick their perfect home.

Commenting on the financing option, Dr. Hani Shammah, CEO of Bloom, said: "We understand that the majority of buyers following the change in our economic environment are end-users, buying property to live in, as opposed to a speculative investment.

"We hope that this financing option will give those wanting to own a Bloom Gardens home a more affordable way of doing so,"


Added Dr. Shammah.

In addition to Abu Dhabi Islamic Bank, Bloom has partnered with other local banks to offer financing options for prospective Bloom Gardens buyers.

Strategically located on Abu Dhabi's Eastern Mangrove Corniche Road, Bloom Gardens will house the first Brighton College prep school outside the UK, following a partnership between Bloom Education and the prestigious school.
Dr. Hani Shammah, CEO of Bloom.
Dr. Hani Shammah, CEO of Bloom.
Enlarge »
Article Options
Log in to request more information from Bloom Properties

Disclaimer »

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions