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CancelledStatus in the DLD project register · project no. 144

Banafsheh

Banafsheh in Al Jadaf, Dubai: DLD project no. 144, registered 2008, listed as cancelled in the DLD project register. Developer: Mrg Ltd.
41.3%Completion recorded
11Floors
2008Registered with DLD
6DLD site photos
Al Ferdows, Jumeirah Village Circle (JVC): cancelled Dubai project (midrise icon)
DLD status

Status and what it means

Banafsheh is a real-estate project in Al Jadaf, Dubai, registered with the Dubai Land Department (DLD) as project number 144 in 2008 by Mrg Ltd.

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 14 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 41.3% at the latest inspection on 14 October 2012. The structure was partially built before work stopped. It was planned with 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.

Project facts

AreaAl Jadaf
DeveloperMrg Ltd
DLD project number144
DLD statusCancelled
LocationBanafsheh, Al Jadaf, Dubai
Registered with DLD8 November 2008
Construction start (planned)2 April 2008
Planned completion17 April 2010
Latest DLD inspection14 October 2012
Completion recorded41.3%
Floors11
Escrow bankDubai Islamic Bank (Public Joint Stock Company)
Timeline

Registration and inspection history

  1. Planned construction start
  2. Registered with DLD
  3. Planned completion
  4. DLD inspection · completion 41.3%

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

Banafsheh, Al Jadaf: Dubai Land Department inspection photo, October 2012
DLD inspection photo, 14 October 2012
Banafsheh, Al Jadaf: Dubai Land Department inspection photo, October 2012
DLD inspection photo, 14 October 2012
Banafsheh, Al Jadaf: Dubai Land Department inspection photo, October 2012
DLD inspection photo, 14 October 2012
Banafsheh, Al Jadaf: Dubai Land Department inspection photo, October 2012
DLD inspection photo, 14 October 2012
Banafsheh, Al Jadaf: Dubai Land Department inspection photo, October 2012
DLD inspection photo, 14 October 2012
Banafsheh, Al Jadaf: Dubai Land Department inspection photo, October 2012
DLD inspection photo, 14 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 Banafsheh

  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 Banafsheh cancelled?

The Dubai Land Department project register lists Banafsheh (DLD project no. 144) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Banafsheh?

Banafsheh was registered with DLD by Mrg Ltd (developer no. 52).

Where is Banafsheh located?

Banafsheh is in Al Jadaf, Dubai. The DLD location record reads: Banafsheh, Al Jadaf, Dubai.

How much of Banafsheh was built?

The latest DLD inspection recorded 41.3% completion.

Can buyers in Banafsheh 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 Jadaf

Al Habtoor Island Resort & Spa, Palm Jumeirah: cancelled Dubai project (mixed icon)Rose TowerHer LimitedAl Habtoor Island Resort & Spa, Palm Jumeirah: cancelled Dubai project (mixed icon)Moon Tower 2Arabia Group Development LimitedAlsaqran Tower, Al Thanyah Fifth: cancelled Dubai project (tower icon)ShaghayeghGrm Limited(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)The EstateDheeraj & East Coast (L.L.C)Santeview, Al Jadaf: project renderSanteviewSungwon (Fze)Ashai Tower 5, Jumeirah Village Circle (JVC): cancelled Dubai project (highrise icon)Heritage PlazaDamac Development(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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