BLOC project by Bin Salem Developments: An investment model that combines strategic location with practical implementation
Bin Salem Developments’ BLOC project continues to attract investor interest in the New Administrative Capital, thanks to a combination of advantages including a strategic location, significant construction progress, flexible payment plans, and operation and management programs designed to support long-term investment value.
Located directly on the western axis of the Downtown area, one of the New Administrative Capital’s main thoroughfares, and just minutes from the Financial District, Bin Zayed North Axis, and Al Masa Hotel, the project enjoys a prime location serving diverse commercial and administrative activities.
The project comprises a ground floor and 13 upper floors, featuring fully finished commercial and administrative units with central air conditioning. Unit sizes range from 10 square meters for investment spaces to over 800 square meters for larger units, offering a variety of options for investors and companies.
A key feature of the project is that construction has reached approximately 25% completion during the launch phase. The company commenced construction before sales began, and excavation and main concrete pouring have been completed, with advanced stages of structural work underway. This provides investors with a clear view of the project's progress.
The company has also contracted with Comersa Management and Operations, a company with extensive operational experience in several well-known projects and commercial areas, to ensure the project's readiness after handover and enhance the actual occupancy of the units.
The project offers payment plans starting from a mere 2.5% down payment, with repayment periods of up to 10 years, in addition to special programs allowing a 35% down payment and deferring installments until handover.
BLOC offers a range of investment advantages, including return programs linked to down payments, as well as operation and lease contracts designed to maximize the investment value of the units after handover, with contractual clauses regulating the rights and obligations of all parties.
The project also features three underground parking levels, meeting rooms, restaurants and cafes, modern elevators, advanced security and fire systems, and reliance on solar energy solutions, providing a comprehensive business environment in one of the most vibrant areas of the New Administrative Capital.