New list of cancelled Dubai real estate projects… and refunds

New list of cancelled Dubai real estate projects… and refunds
Cancelled Real Estate Projects Committee currently hearing 17 projects
By Parag Deulgaonkar Emirates 24/7 News
Published Sunday, January 25, 2015

The Dubai Courts has listed 166 real estate projects in its newly-issued project cancellation list, Emirates 24|7 can reveal.

The Cancelled Real Estate Projects Committee is currently hearing 17 projects all of which were launched by Reliance Estate Development.

Two projects by Khyool Investment – Abjar Tower and Faras 2 – have been liquidated and money has been distributed among investors.

The courts, however, clarify that there is no specific time period for the judgment to be passed in projects that are under consideration with all investors being informed of the final judgment using different ways of communication listed in advance on its website.

The Real Estate Regulatory Agency (Rera), the regulatory arm of Dubai Land Department, has never officially published the list of cancelled projects.

Here is the official list (# developers name and followed by the projects) of cancelled projects mentioned by the Dubai Courts under various categories.

Cancelled projects that have been liquidated and distributed among investors

# Khyool Investment LLC
Abjar Tower
Faras 2

Cancelled projects currently under hearing by the committee

# Reliance Estate Development
Reliance 1 to 16

Cancelled projects, which have been heard and registered by the committee, and are in process of distributing amounts among investors

# High Rise Properties LLC
Dorna Tower
Orchid Residences
The Heights-Golden
Waves Business Tower
The Heights-Silver
Rotating Residence
High Rise Boulevard 1
High Rise Boulevard 2

# Hampstead & Mayfair Development Limited
Hampstead Residences

# Zenith Real Estate Development (LLC)
Zenith Tower A3

# Orbit Holdings Limited
Orbrit Holding

# IR Investments Holding Company Limited
Tonino Lamborghini-Elettra Residence

# M E Development L.L.C
Windsor Residence

# Cliff Dwellings Enterprises Ltd
Global Golf Residence

# Galadari Investment Office Limited
G-Office Tower

# Bux Holdings Limited
Beti Ul Funoon

# Parshwa Holdings Limited

# Escan Real Estate
Escan Tower
Eden 1
Eden 2

# Al Zahra Properties
Sunset Gardens A
Sunset Gardens B
Sunrise 2

# Alternative Capital Invest Gmbh (Branch)
Wings of Arabia

# Makaseb Properties
Rufi Tower (Quattro)
Rufi Lake View
Archery Tower
Quattro West

# Merwess Abdulaziz
Azizi Feirouz I
Azizi Feirouz Ii
Azizi Feirouz Iii
Azizi Fountanne Tower

# Remah Holding Limited
Tower 88

# Dujan Properties Ltd
Eden Blue

Cancelled projects which have been transferred to the committee and will be heard soon

# Sanali Holdings Fze
Sanali Business Tower
Sanali Business Heights
Sanali Capital Avenue

# Azizi Investments (L.L.C)
Al Masa Ii

# Integral Properties Development
Integral 05

# Qureshi Faisal Abdul Aziz
Dunes Dahlia

# Dunes Group Developments Limited
Dunes Lilac

# Royal Holdings Ltd
Global Elahi Residence

# Al Tafany Properties Limited
Al Tafany Tower

# Crown Two Holding Limited
Crown Royal

# Noorzak Investments Limited
Jehaan 2
Jehaan 3
Jehaan 4
Jehaan 6
Jehaan 11
Jehaan 9

# Diamond Arch Limited
Diamond Arch 1
Diamond Arch 2

# Jab Developments Inc
Pebble Stone

# Oasis JV Limited
Oasis Heights

# Sheth Estate (International ) Limited
Iris Mist

# Al Mas Worlds Investment Limited
Soraya Tower II

# Kleindienst Properties
The K Suites

# Salya Homes Limited
Mario Valentino Boulevard

# Star Surveying & Evaluating Services
Sahara One

# Burj Alalam Holdings Limited
Burj Alalam

# Rufi Down Town Residency Limited
Rufi Royal Residency

# 32 Group Properties Limited
Paris Residence

# Umesh Kumar Vinodrai Chug
Insignia Residence

# Desert Dream Investments & Development Properties

Dream Harbour Dream Square

# Baiti Properties Development LLC
Al Qurashi

# Flamingo Investments Limited
Sanali Flamingo

# Erc Property Developers Limited
The Heights

# Westar Properties Ltd
Westar Galaxy

# Dheeraj & East Coast (LLC)
The H.Q

# Cenita Global Ltd
Casa Verona

# Sheffield Real Estate LLC
Sheffield Classique

# UAE Waterfront Group Limited
Royal Bay

# Profile Zero Five Five Limited
Zero Five Five

# Syndicate Sealine Limited

# Bangash Developments Limited
Royal Deluxe Villas
Royal Luxury Villas
Royale Garden Residence

# Al Faraa Properties
Burj Al Faraa
Image Residences

# ACW Holding Ltd
Platinum 2

# Sternon Developers Limited
Sternon Tower 1

# Jasmine Garden Limited
Jasmine Garden

# Chapal World LLC.
Chapal Emirates Point

# Satnam Singh
R & R Tower I

# Infinity Emirates Investments LLC
Soccer Tower

# UK-CIG Developments (JVS) Limited
Metropolis Lofts

# New World Investments Limited
World Wide Tower

# Star Developers Limited
Nathalie Tower

# D10 Awf Investment Limited
Aquarius Gate Tower

# Jab Mosaistone Developments Inc
Mosia Stone

# Mahdi Amrollahi (Partner) Antar Marzooq (Owner)

Pisa Tower Residence

# Sameer Mahmoud Al Ali
Zenith Tower

# Es Investments Limited
Kpm 2 & 3

# Smart Home Properties
Elegant Tower

# Premier Group (Fzc)
Berlin City Center

# Aryene Property Developers Limited
Aryene Wonders

# Evergreen Signature Investment Limited

Le Stelle1, 2, 3, 4, 5

# Diamond Properties Limited
Blue Moon Tower

# Rufi Luxury Heights Limited
Rufi Luxury Heights

# Optimo Arabia Limited
Arabia Tower

# Elan Investment Limited
Sanali Quantum

# Gulf Line International Ltd
North Gate Business Tower

# Beliza Resources Limited

# German Holding Group (L.L.C)
Mira Palace

# Oakgrove Global Limited

# Avetona Global Limited

# Mirjana Resources Ltd

# Neel Devcons Limited
Phoenix Wings

# Ashai Tower JVS Limited
Ashai Tower 5

# Rufi Grand Apartments Limited
Rufi Grand Apartments

# Luxor Investments Limited
The Signet

# Pearl Properties
The Palesides

# Kensington Global Investments Inc
Kensington Krystal

# Yra Enterprises Limited
Schon Suites and Schon Residence

# City-D Investments Limited
Pangkor Laut Luxury Residence & Spa Village

# Malson Limited
Maison Residence Collection

# V Resorts Ltd
V-Greece on The World

# Alternative Capital Invest Gmbh (Branch)

Palazza Arabia
Venetian Arabia

# Sama Emirates Estate Development (L.L.C)

The Sama World Tower

# Al Duaa Holdings (Fzc)
Alduaa Marina Tower

# Spain Select Limited
The Aquitainia

# Hampstead & Mayfair Development Limited

Hampstead & Mayfair Boutique Residences

# Bela Vida Limited
Dolce Vita

# Alternative Capital Invest Gmbh (Branch)

Sami Q Tower

# Grun Developers Limited
PKS Residences

# Kleindienst Properties
The K Hotel

# Anis Holdings Limited
Chase Residency

# Crown Three Holding Limited

# Sungwon (Fze)

# Hydra Properties (L.L.C)
Hydra Towers

# Ahmed Abdul Rahim Al Attar Properties LLC



# Posh Holdings Limited
Posh Lifestyles

# Fortune Serene Limited
Fortune Serene

# Dja414 Investment Limited
Sienna Square

# AAA Facilities Management Services (L.L.C)

Eclipse Tower

# Escan Real Estate
Escan Tower

# Alternative Capital Invest Gmbh
Victory Bay Tower

# Burj Al Dua’a Limited
The Plaza

# Alternative Capital Invest Gmbh (Branch)

Pershing Luxury Beach Residence Tower

# Zero Five Zero Limited
Zero Five Zero

# Sebco Limited
Sebco Residence

# Planetex Holdings Co Limited
Crown Avenue

# PND Investments Ltd
10 Tower

# Heman Red and General Trading Limited

According to Dubai Courts, the committee for the liquidation of cancelled real estate projects and settlement of rights related thereof specialises in liquidation of real estate projects by which a final decision of cancellation has been issued by Rera whereas the judgments, orders and decisions issued by the committee shall be final, peremptory and not appealable by all means of a regular appeal and shall be executed by the implement department of the court.

Posted on October 16, 2016 in Dubai news, Property, Real Estate

Share the Story

About the Author

Leave a reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Back to Top