Schon Properties accelerates construction work on Dubai Lagoon

In order to accelerate the construction of the apartments in the development, Schon replaced the underperforming Power Line Gulf Construction Dubai with two contractors which will now be responsible for construction of the complete development.

With the appointment of Bin Sabt Building Contracting Company, along with Belhasa Contracting and Engineering Company (BHECC), as the two preferred contractors for the Dubai Lagoon project, Schon Properties is confident that construction will proceed according to schedule and can focus on moving towards completion of the entire Dubai Lagoon community.

Bin Sabt Building Contracting Company has been active in the UAE construction industry since 1973 and has successfully completed many large residential, commercial and high rise buildings, luxury villas, warehouses and schools.

Led by a highly qualified and experienced senior management team, Bin Sabt Building Contracting Company is currently working on a number of projects throughout Dubai and Sharjah. The building permits have only recently been transferred to Bin Sabt and already there is a new upbeat approach to the project.

Belhasa Contracting and Engineering Company (BHECC) is one of Dubai's most reputable and reliable building contractors, and has undertaken a wide range of construction projects including 5 star hotels, mosques, multi-storey residential complexes, government buildings, shopping malls, multipurpose indoor sports halls, auditoriums, schools and office blocks.

Some of BHECC's projects have included construction of 200 residential units in the Green Community, 10 office blocks as well as the 48 storey Salam Tower in Dubai Media City, Mövenpick Hotel (Holiday Inn) in Oud Metha and three, 50-storey mixed-used buildings in Cluster-X of Jumeirah Lake Towers, among numerous other large-scale projects.

Danial H. Schon, Vice President of Schon Properties, said:

"Belhasa are doing an exceptional job on Dubai Lagoon. This is also seconded by most of our customer's contentment with the speed of construction works."

Danial H. Schon added, "Now is truly the time for Schon to distinguish itself from the rest of the market. Other companies are putting projects on hold, leaving half-completed buildings, whilst we are busy building and fulfilling our commitments. Other companies are cancelling projects and giving credit notes, but our single focus is on delivery."

Handover of the first 442 units, is expected to be by the end of 2009.

As one of the most affordable residential offerings in Dubai today, Schon is asserting its efforts to ensure they fulfill their commitments to investors in the best possible time and to the highest attainable quality. Once complete, Dubai Lagoon will be one of the city's most picturesque and fully integrated residential communities.