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Real estate developers in the emirate are gearing up for the upcoming Cityscape Abu Dhabi, with announcements on the launch of their latest projects aimed at boosting the property sector.
Bloom Holding said it will launch Bloom Gardens phase 4. The company has already started construction of phase 3 of the overall approved Bloom Gardens community master plan, which features 147 housing units.
The developer will also showcase to investors some of its other projects including Bloom Central, the Abu Dhabi Marina, Park View and Soho Square projects, and Stella Maris.
Meanwhile, Al Qudra Real Estate will also be at Cityscape Abu Dhabi to showcase its latest projects, namely Al Sadu Towers — a residential and commercial development comprising five towers. It is located on Al Reem Island and spans 17,532 square metres.
Aldar Properties, the Abu Dhabi-listed real estate developer, had earlier said it plans to launch a “major development” on Yas Island shortly before Cityscape kicks off. In an invitation sent to journalists, the company said it will announce the “launch of our largest and most significant project to date”.
Aldar already has multiple residential, hospitality, and retail developments on Yas Island including the company’s largest asset, Yas Mall.
Also participating at Cityscape is the Abu Dhabi Urban Planning Council (UPC), which said it will launch an upgraded online design tool to help develop enhanced streets, and announce detailed approvals for key developments in the entire Abu Dhabi Emirate.
Marking its tenth anniversary this year, Cityscape Abu Dhabi runs from April 12-14 at Abu Dhabi National Exhibition Centre (Adnec). Various exhibitors are set to attend from countries that include the UAE, Saudi Arabia, Turkey, Morocco, Cyprus, Mauritius, the UK, the US, and Bosnia and Herzegovina.
Source: Staff Report, gulfnews.com