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CancelledStatus in the DLD project register · project no. 101

Boris Becker Business Tower

Boris Becker Business Tower in Business Bay, Dubai: DLD project no. 101, registered 2008, listed as cancelled in the DLD project register. Developer: Alternative Capital Invest Gmbh (Branch).
27.5%Completion recorded
25Floors
2008Registered with DLD
Boris Becker Business Tower, Business Bay: project render
DLD status

Status and what it means

Boris Becker Business Tower is a real-estate project in Business Bay, Dubai, registered with the Dubai Land Department (DLD) as project number 101 in 2008 by Alternative Capital Invest Gmbh (Branch).

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 inspections recorded completion of 27.5%. The structure was partially built before work stopped. 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

AreaBusiness Bay
DeveloperAlternative Capital Invest Gmbh (Branch)
DLD project number101
DLD statusCancelled
LocationBoris Becker Business Tower, Business Bay, Dubai
Registered with DLD8 November 2008
Construction start (planned)15 August 2007
Planned completion31 December 2009
Completion recorded27.5%
Floors25
Escrow bankFirst Abu Dhabi 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: 25.18400719, 55.28060652

DLD inspections

Site photos from DLD inspection records

If you bought a unit in Boris Becker Business Tower

  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 Boris Becker Business Tower cancelled?

The Dubai Land Department project register lists Boris Becker Business Tower (DLD project no. 101) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Boris Becker Business Tower?

Boris Becker Business Tower was registered with DLD by Alternative Capital Invest Gmbh (Branch) (developer no. 31).

Where is Boris Becker Business Tower located?

Boris Becker Business Tower is in Business Bay, Dubai. The DLD location record reads: Boris Becker Business Tower, Business Bay, Dubai.

How much of Boris Becker Business Tower was built?

The latest DLD inspection recorded 27.5% completion.

Can buyers in Boris Becker 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 Business Bay

Stratos Tower, Business Bay: project renderStratos TowerHds Galestates LimitedDream Bay, Business Bay: project renderDream BayPan Global Development L.L.CMatex Tower, Business Bay: project renderMatex TowerMatex Estate Limited F.Z.Ashai Tower 5, Jumeirah Village Circle (JVC): cancelled Dubai project (highrise icon)Burj Al NoorGreen Emirates Properties Co.PscSymphony Towers, Business Bay: project renderSymphony TowersBonyan Emirates PropertiesAlsaqran Tower, Al Thanyah Fifth: cancelled Dubai project (tower icon)La Residence 3 At The LotusDamac Properties Co (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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