Schön Properties (also known as Schon properties) is a real estate developer that was founded in 1971 in Singapore by the Schon family, which originated in Pakistan; as of 2017 the company operated in Pakistan, Dubai, and Germany, as well as Singapore, and Nasir Asif was its chief operating officer.
The company was involved in several development projects in Dubai, including the Dubai Lagoons in Dubai Investment Park which was started in 2005, but was hit hard by the financial crisis of 2007-2008 and those projects were put on hold. The real estate sector started to recover but slumped again starting in 2016. That month it also launched another project in the investment park called iSuites, in a joint venture with the Al Hamad Group.
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