CancelledStatus in the DLD project register · project no. 860

Classic Soccer Tower

Classic Soccer Tower in Al Hebiah Fourth, Dubai: DLD project no. 860, registered 2014, listed as cancelled in the DLD project register. Developer: New World Invest Ltd.
27.1%Completion recorded
17Floors
2014Registered with DLD
4DLD site photos
Classic Soccer Tower, Al Hebiah Fourth: project render
DLD status

Status and what it means

Classic Soccer Tower is a real-estate project in Al Hebiah Fourth, Dubai, registered with the Dubai Land Department (DLD) as project number 860 in 2014 by New World Invest Ltd.

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 January 2017 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 27.1% at the latest inspection on 5 January 2017. The structure was partially built before work stopped. It was planned with 17 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 Hebiah Fourth
DeveloperNew World Invest Ltd
DLD project number860
DLD statusCancelled
LocationClassic Soccer Tower, Al Hebiah Fourth, Dubai
Registered with DLD20 August 2014
Construction start (planned)1 June 2008
Planned completion11 September 2017
Latest DLD inspection5 January 2017
Completion recorded27.1%
Floors17
Escrow bankMashreq Bank Psc
Timeline

Registration and inspection history

  1. Planned construction start
  2. DLD inspection · completion 0.8%
  3. DLD inspection · completion 2.6%
  4. Show 5 more inspections
    1. DLD inspection · completion 2.7%
    2. DLD inspection · completion 4.3%
    3. Registered with DLD
    4. DLD inspection · completion 10.1%
    5. DLD inspection · completion 18.3%
  5. DLD inspection · completion 25.4%
  6. DLD inspection · completion 28.1%
  7. DLD inspection · completion 27.1%
  8. 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: 25.03942398, 55.21738916

DLD inspections

Site photos from DLD inspection records

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 Classic Soccer Tower

  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 Classic Soccer Tower cancelled?

The Dubai Land Department project register lists Classic Soccer Tower (DLD project no. 860) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Classic Soccer Tower?

Classic Soccer Tower was registered with DLD by New World Invest Ltd (developer no. 355).

Where is Classic Soccer Tower located?

Classic Soccer Tower is in Al Hebiah Fourth, Dubai. The DLD location record reads: Classic Soccer Tower, Al Hebiah Fourth, Dubai.

How much of Classic Soccer Tower was built?

The latest DLD inspection recorded 27.1% completion.

Can buyers in Classic Soccer 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.

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.