Schön Properties targeting shortage of office space in Dubai Investments Park.

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8 Jul 2007

Schön Properties, the developers behind the US$ 815 million Dubai Lagoon project, today celebrated the launch of their next signature project - Schön Business Park. Located just 5 km from the Jebel Ali International Airport in Dubai Investments Park (DIP), the development spans a built-up area of 1.1 million square feet and provides state-of-the art offices for corporations waiting to relocate near Jebel Ali Free Zone.

The ground plus three building will comprise of 410 offices with a capacity to accommodate 4,000 employees. The ground floor consists of furnished offices and 80,000 square feet of retail area, catering to a population of 60,000. The structured revolutionary design maximises the flow of natural light with floor-to-ceiling windows and expansive views. The three other levels of the park are split between shell and core space, and an operator-managed business centre, which includes facilities such as executive board rooms and video conferencing.

Danial Husain, Vice-President of Schön Properties stated, "We have been listening to the needs of the market for a long time. Schön Business Park is launched as a response to our customers' requirements and reiterates our vision of providing solutions. The development includes a mixture of shell and core space, and a professionally-managed business centre, catering to the needs of all kinds of companies, from a start-up to an established corporation. Our first residential master development, Dubai Lagoon, revolutionized the way residential property was purchased, and Schon Business Park is targeted at shifting the trend of purchasing office space in Dubai."

Danial added, "Our extensive market research revealed that Dubai Investments Park and the Jebel Ali Free Zone Area face a major shortage of office space, and a lot of companies are keen on moving offices to New Dubai. Hence, we chose Dubai Investments Park as the location for the project due to its unparalleled demand and its proximity to Dubai World Central and the Jebel Ali Free Zone. In addition to other unique features, the business park is also fitted with three skylights since natural light is one of the core elements in all our development guidelines."