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CancelledStatus in the DLD project register · project no. 285

Ramada Residence

Ramada Residence in Me'Aisem First, Dubai: DLD project no. 285, registered 2008, listed as cancelled in the DLD project register. Developer: Masaken Real Estate Development Llc.
5.8%Completion recorded
25Floors
2008Registered with DLD
6DLD site photos
Ramada Residence, Me'Aisem First: project render
DLD status

Status and what it means

Ramada Residence is a real-estate project in Me'Aisem First, Dubai, registered with the Dubai Land Department (DLD) as project number 285 in 2008 by Masaken Real Estate Development Llc.

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 15 October 2012 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 5.8% at the latest inspection on 15 October 2012, which indicates only early-stage works on site. It was planned with 25 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

AreaMe'Aisem First
DeveloperMasaken Real Estate Development Llc
DLD project number285
DLD statusCancelled
LocationRamada Residence, Me'Aisem First, Dubai
Registered with DLD8 November 2008
Construction start (planned)1 February 2011
Planned completion31 January 2013
Latest DLD inspection15 October 2012
Completion recorded5.8%
Floors25
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 5.8%
  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: 25.276987, 55.296249

DLD inspections

Site photos from DLD inspection records

Ramada Residence, Me'Aisem First: Dubai Land Department inspection photo, October 2012
DLD inspection photo, 15 October 2012
Ramada Residence, Me'Aisem First: Dubai Land Department inspection photo, October 2012
DLD inspection photo, 15 October 2012
Ramada Residence, Me'Aisem First: Dubai Land Department inspection photo, October 2012
DLD inspection photo, 15 October 2012
Ramada Residence, Me'Aisem First: Dubai Land Department inspection photo, October 2012
DLD inspection photo, 15 October 2012
Ramada Residence, Me'Aisem First: Dubai Land Department inspection photo, October 2012
DLD inspection photo, 15 October 2012
Ramada Residence, Me'Aisem First: Dubai Land Department inspection photo, October 2012
DLD inspection photo, 15 October 2012

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 Ramada Residence

  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 Ramada Residence cancelled?

The Dubai Land Department project register lists Ramada Residence (DLD project no. 285) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Ramada Residence?

Ramada Residence was registered with DLD by Masaken Real Estate Development Llc (developer no. 173).

Where is Ramada Residence located?

Ramada Residence is in Me'Aisem First, Dubai. The DLD location record reads: Ramada Residence, Me'Aisem First, Dubai.

How much of Ramada Residence was built?

The latest DLD inspection recorded 5.8% completion.

Can buyers in Ramada Residence 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 Me'Aisem First

Fortune Serene, Me'Aisem First: project renderFortune SereneFortune Serene LimitedMedia Gate 1, Me'Aisem First: project renderMedia Gate 1Time Properties(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)Media Gate 2Time PropertiesBeirut Towers (Achrafieh T. & Verdun T.), Me'Aisem First: project renderBeirut Towers (Achrafieh T. & Verdun T.)Plus Properties L.L.CIvory Tower, Me'Aisem First: project renderIvory TowerSokook Investment Group
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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