Residential development part of Schön Properties’ planned AED10 billion property portfolio
April 01, 2008 - Schön Properties announced another sales milestone following the impressive sell out of its latest property Schön Residences, in downtown Jebel Ali.
The AED400 million residential development was a best-seller among property investors and prospective homeowners when it was showcased for a special preview at the Dubai International Property Show.
Citing its ideal location on Sheikh Zayed Road, just after the Jebel Ali Free Zone, Schön Properties executives were delighted with the milestone achieved on the twin-tower development. “Location, location, location – that has been the industry’s winning mantra, and it proved to be the biggest selling point yet again for Schön Residences, whose location makes it ideal for prospective homeowners working in the Jebel Ali Freezone, as well as other business districts along the full stretch of Sheikh Zayed Road,” said Danial H. Schön , Vice President , Schön Properties.
And with the continued development around the area, such as the massive Jebel Ali International Airport, Schön Residences is a prime property that delivers exceptional value for real estate investors.
The 280-room Schön Residences boasts distinctive styling and modern amenities in a Zen-inspired environment. It has pedestrian-friendly walkways, and is just seven minutes away from the beach. A number of commercial spaces will be made available to retailers and service companies that will later on provide residences the convenience of having the necessities of modern living within easy reach.
“Schön Residences is part of a carefully planned strategy to build our property portfolio in exciting, new locations in new Dubai,” said Asher H. Schön, Vice President, Schön Properties “It will give homeowners a chance to establish themselves in a part of the city that has been given more attention in terms of planning as far as urban development is concerned for a more comfortable, stress-free, and contemporary living experience.”