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Monday, October 19, 2015

Abu Dhabi headquartered developer Bloom Properties selects Asteco to manage sales demand for high-end Stella Maris Tower community in heart of popular marina district





Asteco named exclusive sales agent for luxury Dubai Marina project

Abu Dhabi headquartered developer Bloom Properties selects Asteco to manage sales demand for high-end Stella Maris Tower community in heart of popular marina district  

Asteco, one of the region’s leading real estate consultancy and property management firms, has been appointed as the exclusive sales agent for the Stella Maris Tower in the popular Dubai Marina district.

Under development by Abu Dhabi based developer Bloom Properties, the luxury 52-storey residential tower will feature 313, one, two and three-bedroom apartments plus a select number of four-bed duplexes, townhouses and penthouses, with a scheduled completion date of end 2018.

The tower is located at the southern end of Dubai Marina with views of the upcoming leisure destination known as Bluewaters Island, which will be home to the world’s largest ferris wheel, the 201-metre high Dubai Eye.

Overlooking the Dubai Marina skyline and Arabian Gulf, facilities at the ultra-exclusive Stella Maris Tower will include 24/7 concierge services, a private clubhouse, swimming pools, world class spa, visitors parking, gymnasium, running track, lounge area,  and indoor and outdoor play areas for children.

“With groundbreaking projects in frontier markets such as Iraq and Algeria, the Dubai Marina project will put Bloom Properties firmly on the Dubai real estate map, with a community-centric development that epitomises the marina lifestyle,” said Sean McCauley, Director – Agency, Asteco Property Management.

“Units at the Stella Maris Tower are available on a three-year payment plan, which, combined with the highly desirable location, underscores an attractive pricing structure for investors to add to their current property portfolio or as a more manageable step onto the Dubai real estate ladder” he added.

“We identified Asteco as a trusted partner and market leader. The Stella Maris Tower is a landmark development for Bloom Properties, and an integral addition to our expanding global portfolio,” said Sameh Muhtadi, CEO Bloom Properties.

Prices for the apartments start from AED 1.2 million for a one-bedroom unit, AED 2.1 Million for two bedrooms and AED 3.8 million for a three-bedroom home, which range in size respectively from 700 to 2400 square feet.

The 12 four-bedroom duplexes start at AED 5.1 Million and offer expansive living and entertainment areas along with views of Bluewaters Island, Sheikh Zayed Road and Dubai Marina. A limited number of six townhouses starting at AED 4.8 million of 3130 square feet and two penthouse units.

Bloom Holding, a subsidiary of National Holding, is dedicated to developing sustainable and integrated communities. The Group is driven by its vision to go beyond the buyer and investors’ expectations through superior design and partnerships with best in class providers in education, hospitality, health care and property services, to meet the aspirations of new urban communities in their demand for a better lifestyle and quality of life. Bloom Holding has an established and growing portfolio of projects within the UAE, the MENA region, Europe and the United States


Asteco, a major regional and international real estate services firm and the largest property services company in the United Arab Emirates, was founded in Dubai in 1985.  Asteco offers independent market analysis, design development consultancy and valuation services, sales and leasing services, as well as asset and property management services.

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