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CancelledStatus in the DLD project register · project no. 967

Metro Tower

Metro Tower in Wadi Al Safa 4, Dubai: DLD project no. 967, registered 2008, listed as cancelled in the DLD project register. Developer: Ilyas & Mustafa Galadari Management Investment & Development(L.L.C).
6.1%Completion recorded
51Floors
2008Registered with DLD
3DLD site photos
Metro Tower, Wadi Al Safa 4: project render
DLD status

Status and what it means

Metro Tower is a real-estate project in Wadi Al Safa 4, Dubai, registered with the Dubai Land Department (DLD) as project number 967 in 2008 by Ilyas & Mustafa Galadari Management Investment & 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 13 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 6.1% at the latest inspection on 13 October 2015, which indicates only early-stage works on site. It was planned with 51 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

AreaWadi Al Safa 4
DeveloperIlyas & Mustafa Galadari Management Investment & Development(L.L.C)
DLD project number967
DLD statusCancelled
LocationMetro Tower, Wadi Al Safa 4, Dubai
Registered with DLD8 November 2008
Construction start (planned)9 February 2009
Planned completion1 December 2015
Latest DLD inspection13 October 2015
Completion recorded6.1%
Floors51
Escrow bankArab Bank For Investment & Foreign Trade Almasref P.J.S.C.
Timeline

Registration and inspection history

  1. Registered with DLD
  2. Planned construction start
  3. DLD inspection · completion 6.1%
  4. DLD inspection · completion 6.1%
  5. DLD inspection · completion 6.1%
  6. 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: 25.09101834, 55.32551278

DLD inspections

Site photos from DLD inspection records

Metro Tower, Wadi Al Safa 4: Dubai Land Department inspection photo, October 2015
DLD inspection photo, 13 October 2015
Metro Tower, Wadi Al Safa 4: Dubai Land Department inspection photo, October 2015
DLD inspection photo, 13 October 2015
Metro Tower, Wadi Al Safa 4: Dubai Land Department inspection photo, October 2015
DLD inspection photo, 13 October 2015

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 Metro Tower

  1. Confirm the status yourself. Check the project on the DLD project status service or the Dubai REST app using project number 967.
  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.
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Questions

Frequently asked questions

Is Metro Tower cancelled?

The Dubai Land Department project register lists Metro Tower (DLD project no. 967) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Metro Tower?

Metro Tower was registered with DLD by Ilyas & Mustafa Galadari Management Investment & Development(L.L.C) (developer no. 372).

Where is Metro Tower located?

Metro Tower is in Wadi Al Safa 4, Dubai. The DLD location record reads: Metro Tower, Wadi Al Safa 4, Dubai.

How much of Metro Tower was built?

The latest DLD inspection recorded 6.1% completion.

Can buyers in Metro 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.

Nearby

Other cancelled projects in Wadi Al Safa 4

Wings Of Arabia, Wadi Al Safa 4: project renderWings Of ArabiaAlternative Capital Invest Gmbh (Branch)(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)Sanali Iconic Tower & HotelSanali Holding Fze55 Time Dubai, Wadi Al Safa 4: project render55 Time DubaiDubai Property Ring LtdI & M Tower, Wadi Al Safa 4: Dubai Land Department inspection photo, February 2016I & M TowerIlyas & Mustafa Galadari Management Investment & Development(L.L.C)Zenith Tower, Wadi Al Safa 4: project renderZenith TowerSameer Mahmoud Al AliAlsaqran Tower, Al Thanyah Fifth: cancelled Dubai project (tower icon)G-Office TowerGaladari Investment Office 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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