CancelledStatus in the DLD project register · project no. 1376

Medium Pyramid

Medium Pyramid in Wadi Al Safa 2, Dubai: DLD project no. 1376, registered 2013, listed as cancelled in the DLD project register. Developer: S A A M Polaris Real Estate Development L.L.C.
4.5%Completion recorded
1Planned units
2013Registered with DLD
1DLD site photos
Medium Pyramid, Wadi Al Safa 2: Dubai Land Department inspection photo, October 2015
DLD status

Status and what it means

Medium Pyramid is a real-estate project in Wadi Al Safa 2, Dubai, registered with the Dubai Land Department (DLD) as project number 1376 in 2013 by S A A M Polaris 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 1 October 2015 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 4.5% at the latest inspection on 1 October 2015, which indicates only early-stage works on site. 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

AreaWadi Al Safa 2
DeveloperS A A M Polaris Real Estate Development L.L.C
DLD project number1376
DLD statusCancelled
LocationMedium Pyramid, Wadi Al Safa 2, Dubai
Registered with DLD24 September 2013
Construction start (planned)1 July 2014
Planned completion1 July 2019
Latest DLD inspection1 October 2015
Completion recorded4.5%
Units1
Project area62,212 m²
Unit mix1 Unspecified
Escrow bankEmirates Islamic Bank P.J.S.C.
Timeline

Registration and inspection history

  1. Registered with DLD
  2. Planned construction start
  3. DLD inspection · completion 4.5%
  4. 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: 25.10525226, 55.34221047

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 Medium Pyramid

  1. Confirm the status yourself. Check the project on the DLD project status service or the Dubai REST app using project number 1376.
  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 Medium Pyramid cancelled?

The Dubai Land Department project register lists Medium Pyramid (DLD project no. 1376) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Medium Pyramid?

Medium Pyramid was registered with DLD by S A A M Polaris Real Estate Development L.L.C (developer no. 1246).

Where is Medium Pyramid located?

Medium Pyramid is in Wadi Al Safa 2, Dubai. The DLD location record reads: Medium Pyramid, Wadi Al Safa 2, Dubai.

How many units were planned in Medium Pyramid?

DLD records list 1 units (1 Unspecified).

How much of Medium Pyramid was built?

The latest DLD inspection recorded 4.5% completion.

Can buyers in Medium Pyramid 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.