Dubai Lagoon Lily is a real-estate project in Dubai Investment Park First, Dubai, registered with the Dubai Land Department (DLD) as project number 1564 in 2014 by Xanadu Real Estate 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 on 5 January 2020 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 54.9% at the latest inspection on 5 January 2020. The structure was partially built before work stopped. It was planned with 688 units across 8 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.
