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CancelledStatus in the DLD project register · project no. 674

Amesco Tower

Amesco Tower in Al Thanyah Fifth, Dubai: DLD project no. 674, registered 2008, listed as cancelled in the DLD project register. Developer: Amesco Tower Jlt.
46.2%Completion recorded
110Planned units
33Floors
2008Registered with DLD
Amesco Tower, Al Thanyah Fifth: project render
DLD status

Status and what it means

Amesco Tower is a real-estate project in Al Thanyah Fifth, Dubai, registered with the Dubai Land Department (DLD) as project number 674 in 2008 by Amesco Tower Jlt.

The Dubai Land Department (DLD) project register lists the project as cancelled. DLD does not publish the date of the cancellation decision in its public records; the last inspection on 5 September 2016 is the closest dated milestone. Once a project is cancelled, refund claims from its escrow account are handled through the special tribunal for the liquidation of cancelled real-estate projects in Dubai.

DLD inspections recorded completion of 46.2% at the latest inspection on 5 September 2016. The structure was partially built before work stopped. It was planned with 110 units across 33 floors.

The facts on this page are taken from public DLD project records. They are not legal advice. If you bought a unit in this project, the recovery options depend on your contract, your payment history and the escrow position, which we assess case by case.

Project facts

AreaAl Thanyah Fifth
DeveloperAmesco Tower Jlt
DLD project number674
DLD statusCancelled
LocationAmesco Tower, Al Thanyah Fifth, Dubai
Registered with DLD8 November 2008
Construction start (planned)26 May 2008
Planned completion8 August 2017
Latest DLD inspection5 September 2016
Completion recorded46.2%
Units110
Floors33
Project area56,171 m²
Unit mix5 Shop · 105 Office
Escrow bankEmirates Islamic Bank P.J.S.C.
Timeline

Registration and inspection history

  1. Planned construction start
  2. Registered with DLD
  3. DLD inspection · completion 35.0%
  4. DLD inspection · completion 46.2%
  5. Planned completion

Status in the DLD project register: Cancelled. DLD does not publish the date of the cancellation decision; the last inspection is the closest dated milestone.

Location

Where the project is

Open in Google Maps · Plot coordinates from DLD records: 25.06547914, 55.14236997

DLD inspections

Site photos from DLD inspection records

Amesco Tower, Al Thanyah Fifth: Dubai Land Department inspection photo, September 2016
DLD inspection photo, 5 September 2016
Amesco Tower, Al Thanyah Fifth: Dubai Land Department inspection photo, September 2016
DLD inspection photo, 5 September 2016
Amesco Tower, Al Thanyah Fifth: Dubai Land Department inspection photo, September 2016
DLD inspection photo, 5 September 2016
Amesco Tower, Al Thanyah Fifth: Dubai Land Department inspection photo, September 2016
DLD inspection photo, 5 September 2016
Amesco Tower, Al Thanyah Fifth: Dubai Land Department inspection photo, September 2016
DLD inspection photo, 5 September 2016
Amesco Tower, Al Thanyah Fifth: Dubai Land Department inspection photo, September 2016
DLD inspection photo, 5 September 2016

Site photos from Dubai Land Department inspection records. They show the state of the site on the inspection date, not today.

If you bought a unit in Amesco Tower

  1. Confirm the status yourself. Check the project on the DLD project status service or the Dubai REST app using project number 674.
  2. Gather your evidence. Sale and purchase agreement, all payment receipts, escrow deposit confirmations, and any correspondence with the developer.
  3. File your claim. Claims on a cancelled project are made through the special tribunal for liquidation of cancelled projects, which distributes the escrow balance and other recoverable assets among buyers.
  4. Get an assessment. Recovery depends on the escrow position, how much was built, and the developer's other assets. We assess this on a success-fee basis, with no upfront cost.
Investment recovery services Contact us
Questions

Frequently asked questions

Is Amesco Tower cancelled?

The Dubai Land Department project register lists Amesco Tower (DLD project no. 674) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Amesco Tower?

Amesco Tower was registered with DLD by Amesco Tower Jlt (developer no. 448).

Where is Amesco Tower located?

Amesco Tower is in Al Thanyah Fifth, Dubai. The DLD location record reads: Amesco Tower, Al Thanyah Fifth, Dubai.

How many units were planned in Amesco Tower?

DLD records list 110 units (5 Shop · 105 Office) over 33 floors.

How much of Amesco Tower was built?

The latest DLD inspection recorded 46.2% completion.

Can buyers in Amesco Tower get their money back?

Buyers in cancelled Dubai projects can claim against the project's escrow account through the special tribunal for liquidation of cancelled projects. What is recoverable depends on the escrow balance, the amount built and the developer's other assets. Freehold Solutions assesses claims on a success-fee basis.

Nearby

Other cancelled projects in Al Thanyah Fifth

Jumeirah Business Center 7 (Ivory 2), Al Thanyah Fifth: project renderJumeirah Business Center 7 (Ivory 2)Al Fajer Properties (L. L. C)Alsaqran Tower, Al Thanyah Fifth: cancelled Dubai project (tower icon)Igo101Igo Properties DmccAlsaqran Tower, Al Thanyah Fifth: cancelled Dubai project (tower icon)Alsaqran TowerAl Saqran Tower Investments (L.L.C)Alsaqran Tower, Al Thanyah Fifth: cancelled Dubai project (tower icon)Ivory1 Jumeirah Business Center 9Al Fajer Properties (L. L. C)Arabian & Spainsh Tower (Phase 2), Al Hebiah Fourth: cancelled Dubai project (lowrise icon)Saba Tower 4Saba Properties DmccVista Del Lago, Al Thanyah Fifth: project renderVista Del LagoSilver Sky Properties L.L.C
Freehold Solutions

Stuck in a cancelled or stalled Dubai project?

With Mohamed Alazazi Advocates & Legal Consultants we recover investments in cancelled projects on a success-fee basis. No upfront fees: we are paid only when you are.

How investment recovery works
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