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CancelledStatus in the DLD project register · project no. 900

Universal Tower

Universal Tower in Al Hebiah Fourth, Dubai: DLD project no. 900, registered 2008, listed as cancelled in the DLD project register. Developer: Cornica Tradings Assets Limited.
1.6%Completion recorded
296Planned units
17Floors
2008Registered with DLD
Universal Tower, Al Hebiah Fourth: project render
DLD status

Status and what it means

Universal Tower is a real-estate project in Al Hebiah Fourth, Dubai, registered with the Dubai Land Department (DLD) as project number 900 in 2008 by Cornica Tradings Assets Limited.

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 4 January 2017 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 1.6% at the latest inspection on 4 January 2017, which indicates only early-stage works on site. It was planned with 296 units across 17 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

AreaAl Hebiah Fourth
DeveloperCornica Tradings Assets Limited
DLD project number900
DLD statusCancelled
LocationUniversal Tower, Al Hebiah Fourth, Dubai
Registered with DLD8 November 2008
Construction start (planned)12 June 2008
Planned completion31 December 2012
Latest DLD inspection4 January 2017
Completion recorded1.6%
Units296
Floors17
Project area25,587 m²
Unit mix264 1 B/R · 32 2 B/R
Escrow bankMashreq Bank Psc
Timeline

Registration and inspection history

  1. Planned construction start
  2. Registered with DLD
  3. Planned completion
  4. DLD inspection · completion 1.6%

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: 25.276987, 55.296249

DLD inspections

Site photos from DLD inspection records

Universal Tower, Al Hebiah Fourth: Dubai Land Department inspection photo, January 2017
DLD inspection photo, 4 January 2017
Universal Tower, Al Hebiah Fourth: Dubai Land Department inspection photo, January 2017
DLD inspection photo, 4 January 2017
Universal Tower, Al Hebiah Fourth: Dubai Land Department inspection photo, January 2017
DLD inspection photo, 4 January 2017
Universal Tower, Al Hebiah Fourth: Dubai Land Department inspection photo, January 2017
DLD inspection photo, 4 January 2017
Universal Tower, Al Hebiah Fourth: Dubai Land Department inspection photo, January 2017
DLD inspection photo, 4 January 2017
Universal Tower, Al Hebiah Fourth: Dubai Land Department inspection photo, January 2017
DLD inspection photo, 4 January 2017

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 Universal Tower

  1. Confirm the status yourself. Check the project on the DLD project status service or the Dubai REST app using project number 900.
  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 Universal Tower cancelled?

The Dubai Land Department project register lists Universal Tower (DLD project no. 900) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Universal Tower?

Universal Tower was registered with DLD by Cornica Tradings Assets Limited (developer no. 794).

Where is Universal Tower located?

Universal Tower is in Al Hebiah Fourth, Dubai. The DLD location record reads: Universal Tower, Al Hebiah Fourth, Dubai.

How many units were planned in Universal Tower?

DLD records list 296 units (264 1 B/R · 32 2 B/R) over 17 floors.

How much of Universal Tower was built?

The latest DLD inspection recorded 1.6% completion.

Can buyers in Universal 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 Al Hebiah Fourth

Orbit Holding, Al Hebiah Fourth: project renderOrbit HoldingOrbit Holdings LtdSport One Business Tower, Al Hebiah Fourth: Dubai Land Department inspection photo, January 2017Sport One Business TowerAxon Real Estate DevelopmentRufi Water Front Residency, Al Hebiah Fourth: project renderRufi Water Front ResidencyRufi Water Front Residency Limited(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)Global Elahi ResidenceRoyal Holdings LimitedRufi Rose Gardens, Al Hebiah Fourth: project renderRufi Rose GardensVast Gardens Real Estate Development L.L.CArchery Tower, Al Hebiah Fourth: project renderArchery TowerMakaseb Properties L.L.C
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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