CancelledStatus in the DLD project register · project no. 518

Moon Tower 1

Moon Tower 1 in Business Bay, Dubai: DLD project no. 518, registered 2008, listed as cancelled in the DLD project register. Developer: Ali Khalifa Thani Alhannawi Real Estate Development L.L.C.
87.6%Completion recorded
293Planned units
19Floors
2008Registered with DLD
Moon Tower 1, Business Bay: Dubai Land Department inspection photo, August 2023
DLD status

Status and what it means

Moon Tower 1 is a real-estate project in Business Bay, Dubai, registered with the Dubai Land Department (DLD) as project number 518 in 2008 by Ali Khalifa Thani Alhannawi 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 24 August 2023 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 87.6% at the latest inspection on 24 August 2023. The project was substantially built before it was cancelled, which affects the routes available to buyers. It was planned with 293 units across 19 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
DeveloperAli Khalifa Thani Alhannawi Real Estate Development L.L.C
DLD project number518
DLD statusCancelled
LocationMoon Tower 1, Business Bay, Dubai
Registered with DLD8 November 2008
Construction start (planned)1 July 2007
Planned completion31 August 2019
Latest DLD inspection24 August 2023
Completion recorded87.6%
Units293
Floors19
Project area19,700 m²
Unit mix9 Shop · 95 Studio · 138 1 B/R · 51 2 B/R
Escrow bankEmirates Islamic Bank P.J.S.C.
Timeline

Registration and inspection history

  1. Planned construction start
  2. Registered with DLD
  3. DLD inspection · completion 21.3%
  4. Show 7 more inspections
    1. DLD inspection · completion 26.1%
    2. DLD inspection · completion 35.8%
    3. DLD inspection · completion 55.4%
    4. DLD inspection · completion 63.7%
    5. DLD inspection · completion 71.0%
    6. DLD inspection · completion 78.1%
    7. DLD inspection · completion 81.9%
  5. DLD inspection · completion 87.0%
  6. DLD inspection · completion 88.8%
  7. Planned completion
  8. DLD inspection · completion 87.6%

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: 25.18418207, 55.28470985

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 Moon Tower 1

  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 Moon Tower 1 cancelled?

The Dubai Land Department project register lists Moon Tower 1 (DLD project no. 518) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Moon Tower 1?

Moon Tower 1 was registered with DLD by Ali Khalifa Thani Alhannawi Real Estate Development L.L.C (developer no. 1356).

Where is Moon Tower 1 located?

Moon Tower 1 is in Business Bay, Dubai. The DLD location record reads: Moon Tower 1, Business Bay, Dubai.

How many units were planned in Moon Tower 1?

DLD records list 293 units (9 Shop · 95 Studio · 138 1 B/R · 51 2 B/R) over 19 floors.

How much of Moon Tower 1 was built?

The latest DLD inspection recorded 87.6% completion.

Can buyers in Moon Tower 1 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.