Schon Properties has announced its aggressive expansion plan aimed towards creating Dh.10bn portfolio of properties over the next two years time. Several new residential, commercial and hospitality projects are expected to be launched at Downtown Jebel Ali during the coming weeks.
Schon Properties has received good response for all its projects that have been launched till date, which includes the Dubai Lagoon, Schon Business Park, Quartet residential towers, and the Schon Residences, which was pre-launched at the Property Show last month.

"This is a very exciting phase for the UAE realty market, particularly Dubai. Taking a step further, we are now planning to launch new hotel apartment developments and residential projects, which would continue our successful practice to date of meeting and exceed the expectations of our customers," said Schon, the Vice-President of Schon Properties.

Launched in 2007, this Dubai-based development company is a part of the larger Schon Group conglomerate and has exceeded the sales of Dh.2billion in a span of six months time, achieving huge success in Dubai's realty sector.