SchOn Properties, the master developers behind the Dh3 billion ($816.9 million) Dubai Lagoon, has announced the launch of Phase 3 following the successful completion of the project’s Phases 1 and 2.

Phase 3 will offer studios as well as one and two-bedroom apartments with fully furnished kitchens as standard offerings, said a spokesman for the developer.
Conveniently located within the Dubai Investment Park, Phase 3 is just 15 km away from the upcoming new Jebel Ali airport and minutes away from Dubailand, Dubai Sports City, Dubai Knowledge Village and the upcoming metro in DIP.
Work has already commenced on the project and is proceeding as per schedule. Home owners can now visit the newly-constructed viewing window at the Dubai Lagoon site and see their own home being built as the window provides a bird’s eye view of the entire construction work in progress, says the spokesman.
Speaking at the launch of Phase 3, Danial Schon, vice president of Schon Properties said: “We are pleased to announce the final phase of Dubai Lagoon, which will be spread over an area of 1.75 million sq ft comprising 49 buildings with more than 4,000 apartments.”