5.7m sq-ft Dubai development in final stages

03/08/2009 - Dubai Investment News
5.7m sq-ft Dubai development in final stages
Written by Bob Brunskill

There will be more Dubai property for sale thanks to a 5.7 million square-foot development that is now in its final stage of construction.

Developers of the Dubai Lagoon project Schon Properties have begun the last part of the building and it is expected to be completed in 90 days time.

So far the first eight building structures have been completed up to the seventh floor and a total of two million labour-hours have gone into the work.

Executive director of the construction company Khizer H Schon noted forward planning and management had driven the project forward.

He added he was "delighted" that all 3,688 units of the facility were now under development.

"I would like to thank our contractors for their outstanding performance and management that has allowed ahead of schedule progress in many parts of the development," Mr Schon stated.

Founded in 1973, Schon Properties aims to meet the needs and requirements of the real estate sector. ADNFCR-2019-ID-19294016-ADNFCR