Wednesday, July 11, 2007

Schon Properties launches Business Park worth $200 million

A business park, worth $200 million, has been launched by Schon Properties, near Jebel Ali International Airport in Dubai Investments Park (DIP). Schon Business Park, approximately 1.1 million Square Foot in area, comprises three storey building with 410 offices having a capacity to accommodate 4000 employees.

The ground floor comprises furnished offices and 80,000 square feet of retail area. The other three levels of the park are divided into shell and core space, and a business center featuring executive board rooms and video conferencing.

Danial Husain, Vice President, Schon Properties, said "Our extensive market research revealed that Jebel Ali Free Zone Area and Dubai Investments Park face a major shortage of office space, and plenty of companies are keen on shifting offices to New Dubai."

"We chose Dubai Investments Park due to its high demand and close proximity to the Jebel Ali Free Zone and Dubai World Central," he added.

Schon Properties is a newly formed holding company, with various realty projects in the UAE, including the Dh.3billion Dubai Lagoon project in the Dubai Investment Park.

3 comments:

Anonymous said...

You have mentioned Dubai lagoon but there is nothing to show for it except receiving money for it and the designs no work yet.I dop believe before you launch this new project you show deliver Dubai lagoon to its impatient owners

Anonymous said...

I agree. having been promised my apartment by the end of the year, i now believe it may be a year later at this stage. We can't keep handing over money when nothing is been done.

Anonymous said...

Well I'm a investor too in Dubai Lagoon and can some body tell me if the project is still on as of 12/01/2009