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1,019 bytes removed ,  07:45, 26 January 2010
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{{DISPLAYTITLE:Schon Properties}}
 
<!-- The following is a simple Infobox designed to identify a COMPANY.  You should feel free to add your own content to any of the missing elements.  The few items pre-filled here are intended to "just get you started" with some basic formatting and semantic tagging. -->
 
<!-- The following is a simple Infobox designed to identify a COMPANY.  You should feel free to add your own content to any of the missing elements.  The few items pre-filled here are intended to "just get you started" with some basic formatting and semantic tagging. -->
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In the UAE,  Schön Properties is working with top of the line architects, engineers and other suppliers to provide better and leading edge solutions to the property market that yield investment value for the customers. At the heart of it all lies a firm commitment to quality and customer satisfaction.
 
In the UAE,  Schön Properties is working with top of the line architects, engineers and other suppliers to provide better and leading edge solutions to the property market that yield investment value for the customers. At the heart of it all lies a firm commitment to quality and customer satisfaction.
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It is clear that with its unique combination of experience, expertise, innovation and vitality, Schön Properties brings a new level of excellence to all of its residential, retail and office developments, providing a solution for quality real estate development in the UAE.
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It is quite clear that with its unique combination of experience, expertise, innovation and vitality, Schön Properties brings a new level of excellence to all of its residential, retail and office developments, providing a solution for quality real estate development in the UAE.
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'''Dubai Lagoon'''
 
'''Dubai Lagoon'''
 
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[http://www.towncentermanagementltd.com/ Dubai Lagoon] was the first development project launched by Schön Properties in the UAE, and consists of a premium residential complex of contemporary apartments centered around the key feature- a lagoon. Located in Dubai Investment Park, the project covers 40 acres of land, where 49 residential buildings comprise over 4,000 apartments On-site amenities include a mosque, supermarket, shops, laundry, restaurants, cafes, swimming pools, health club and gymnasium, tennis courts, children’s nursery, healthcare facilities, and play areas. The revolutionary financing plan behind Dubai Lagoon, making it easier for people to buy the home of their dreams has been an innovative concept.
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[http://www.towncentermanagementltd.com/ Dubai Lagoon] was the first development project launched by Schön Properties in the UAE and consists of a premium residential complex of contemporary apartments centered around the key feature- a lagoon. Located in Dubai Investment Park, the project covers 40 acres of land, where 49 residential buildings comprise over 4,000 apartments On-site amenities include a mosque, supermarket, shops, laundry, restaurants, cafes, swimming pools, health club and gymnasium, tennis courts, children’s nursery, healthcare facilities, and play areas. The revolutionary financing plan behind Dubai Lagoon, making it easier for people to buy the home of their dreams has been an innovative concept.
 
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To the End of December 2009 , most of Dubai Lagoon inviters have paid about 50% of the purchase price to Schon Properties. The project had initial delivery dates of between 2007 and 2009 but, as of December 2009, on most of the zones not a single brick has been laid. Schon Properties has given new delivery dates which are anything between six months and two years away.
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Schon Properties have defaulted on most of their terms with the inverters, such as delivery dates, registration of the units, failure to deliver compensation for late delivery and non-issuance of the contract.
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Schon Properties continue to give misleading statements and false promises whenever investors contact them and they keep changing information about the project status and delivery dates. For these reasons the inverters decided to request from Dubai government intervention to recover their money as they have completely lost trust in Schon Properties and, at the current rate of progress, very much doubt that this project will be completed in next five years, if at all.  
      
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