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CancelledStatus in the DLD project register · project no. 65

Waves Business Tower

Waves Business Tower in Jumeirah Village Circle (JVC), Dubai: DLD project no. 65, registered 2008, listed as cancelled in the DLD project register. Developer: High Rise Properties (L.L.C).
0%Completion recorded
1Planned units
2008Registered with DLD
Waves Business Tower, Jumeirah Village Circle (JVC): project render
DLD status

Status and what it means

Waves Business Tower is a real-estate project in Jumeirah Village Circle (JVC), Dubai, registered with the Dubai Land Department (DLD) as project number 65 in 2008 by High Rise Properties (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 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 inspection records show no construction progress for this project. It was planned with 1 units.

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

AreaJumeirah Village Circle (JVC)
DeveloperHigh Rise Properties (L.L.C)
DLD project number65
DLD statusCancelled
LocationWaves Business Tower, Al Barsha South Fourth, Dubai
Registered with DLD8 November 2008
Construction start (planned)22 August 2007
Planned completion28 June 2010
Units1
Project area6,840 m²
Unit mix1 Unspecified
Escrow bankEmirates Islamic Bank P.J.S.C.
Timeline

Registration and inspection history

  1. Planned construction start
  2. Registered with DLD
  3. 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

If you bought a unit in Waves Business Tower

  1. Confirm the status yourself. Check the project on the DLD project status service or the Dubai REST app using project number 65.
  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 Waves Business Tower cancelled?

The Dubai Land Department project register lists Waves Business Tower (DLD project no. 65) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Waves Business Tower?

Waves Business Tower was registered with DLD by High Rise Properties (L.L.C) (developer no. 17).

Where is Waves Business Tower located?

Waves Business Tower is in Jumeirah Village Circle (JVC), Dubai. The DLD location record reads: Waves Business Tower, Al Barsha South Fourth, Dubai.

How many units were planned in Waves Business Tower?

DLD records list 1 units (1 Unspecified).

How much of Waves Business Tower was built?

DLD inspection records show no construction progress for this project.

Can buyers in Waves Business 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 Jumeirah Village Circle (JVC)

Alsaqran Tower, Al Thanyah Fifth: cancelled Dubai project (tower icon)Rufi Tower (Quattro)Makaseb Properties L.L.CMayfield Gardens, Jumeirah Village Circle (JVC): project renderMayfield GardensHorizon Infrastructure (Fzc)(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)Jehaan 9Noorzak Investments LimitedThe Concourse, Jumeirah Village Circle (JVC): project renderThe ConcourseDamac Development(L L C)Arabian Tower, Jumeirah Village Circle (JVC): project renderArabian TowerAa Global LimitedAshai Tower 5, Jumeirah Village Circle (JVC): cancelled Dubai project (highrise icon)Golden FutureGolden Land Development & Investment 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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