CancelledStatus in the DLD project register · project no. 126

Iris Ora

Iris Ora in Business Bay, Dubai: DLD project no. 126, registered 2008, listed as cancelled in the DLD project register. Developer: Sheth Estate (International) Limited.
0%Completion recorded
21Floors
2008Registered with DLD
Iris Ora, Business Bay: project render
DLD status

Status and what it means

Iris Ora is a real-estate project in Business Bay, Dubai, registered with the Dubai Land Department (DLD) as project number 126 in 2008 by Sheth Estate (International) Limited.

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 21 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

AreaBusiness Bay
DeveloperSheth Estate (International) Limited
DLD project number126
DLD statusCancelled
LocationIris Ora, Business Bay, Dubai
Registered with DLD8 November 2008
Construction start (planned)25 September 2008
Planned completion31 December 2012
Floors21
Escrow bankBank Of Baroda
Timeline

Registration and inspection history

  1. Planned construction start
  2. Registered with DLD
  3. 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: 25.276987, 55.296249

DLD inspections

Site photos from DLD inspection records

If you bought a unit in Iris Ora

  1. Confirm the status yourself. Check the project on the DLD project status service or the Dubai REST app using project number 126.
  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 Iris Ora cancelled?

The Dubai Land Department project register lists Iris Ora (DLD project no. 126) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Iris Ora?

Iris Ora was registered with DLD by Sheth Estate (International) Limited (developer no. 39).

Where is Iris Ora located?

Iris Ora is in Business Bay, Dubai. The DLD location record reads: Iris Ora, Business Bay, Dubai.

How much of Iris Ora was built?

DLD inspection records show no construction progress for this project.

Can buyers in Iris Ora 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.