Avenue Residence Three is a real-estate project in Jabal Ali First, Dubai, registered with the Dubai Land Department (DLD) as project number 2031 in 2018 by Nabni 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 16 August 2018 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 63.2% at the latest inspection on 16 August 2018. The structure was partially built before work stopped. It was planned with 111 units across 11 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.
