Paramount Hotel-Jumeirah Waterfront is a real-estate project in Madinat Dubai Almelaheyah, Dubai, registered with the Dubai Land Department (DLD) as project number 1361 in 2013 by Damac 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 16 November 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 7.0% at the latest inspection on 16 November 2015, which indicates only early-stage works on site. It was planned with 55 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.
