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CancelledStatus in the DLD project register · project no. 301

Business Place & Park Side

Business Place & Park Side in Jabal Ali Industrial Third, Dubai: DLD project no. 301, registered 2008, listed as cancelled in the DLD project register. Developer: Damac Development(L L C).
0%Completion recorded
1Planned units
2008Registered with DLD
Business Place & Park Side, Jabal Ali Industrial Third: project render
DLD status

Status and what it means

Business Place & Park Side is a real-estate project in Jabal Ali Industrial Third, Dubai, registered with the Dubai Land Department (DLD) as project number 301 in 2008 by Damac Development(L L C).

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 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 inspection records show no construction progress for this project. It was planned with 1 units.

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

AreaJabal Ali Industrial Third
DeveloperDamac Development(L L C)
DLD project number301
DLD statusCancelled
LocationBusiness Place & Park Side, Jabal Ali Industrial Third, Dubai
Registered with DLD8 November 2008
Construction start (planned)6 September 2008
Units1
Project area2,894 m²
Unit mix1 Unspecified
Escrow bankMashreq Bank Psc
Timeline

Registration and inspection history

  1. Planned construction start
  2. Registered with DLD

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: 25.276987, 55.296249

DLD inspections

Site photos from DLD inspection records

If you bought a unit in Business Place & Park Side

  1. Gather your evidence. Sale and purchase agreement, all payment receipts, escrow deposit confirmations, and any correspondence with the developer.
  2. 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.
  3. 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 Business Place & Park Side cancelled?

The Dubai Land Department project register lists Business Place & Park Side (DLD project no. 301) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Business Place & Park Side?

Business Place & Park Side was registered with DLD by Damac Development(L L C) (developer no. 192).

Where is Business Place & Park Side located?

Business Place & Park Side is in Jabal Ali Industrial Third, Dubai. The DLD location record reads: Business Place & Park Side, Jabal Ali Industrial Third, Dubai.

How many units were planned in Business Place & Park Side?

DLD records list 1 units (1 Unspecified).

How much of Business Place & Park Side was built?

DLD inspection records show no construction progress for this project.

Can buyers in Business Place & Park Side 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 Jabal Ali Industrial Third

(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)Mammut TowerMammut Construction Group FzcoAl Ferdows, Jumeirah Village Circle (JVC): cancelled Dubai project (midrise icon)Sienna SquareDja414 Investment LimitedAshai Tower 5, Jumeirah Village Circle (JVC): cancelled Dubai project (highrise icon)The HeightsErc Property Developers Limited(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)Amf Tower2Mohamed Jaffar AliDeyaar Park, Jabal Ali Industrial Third: project renderDeyaar ParkDeyaar Development (P.J.S.C)Maison Residence Collection, Jabal Ali Industrial Third: project renderMaison Residence CollectionMaison Limited
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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