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CancelledStatus in the DLD project register · project no. 588

Cadi3

Cadi3 in Jumeirah Village Circle (JVC), Dubai: DLD project no. 588, registered 2008, listed as cancelled in the DLD project register. Developer: New World Invest Ltd.
59.5%Completion recorded
1Planned units
2008Registered with DLD
6DLD site photos
Cadi3, Jumeirah Village Circle (JVC): Dubai Land Department inspection photo, January 2017
DLD status

Status and what it means

Cadi3 is a real-estate project in Jumeirah Village Circle (JVC), Dubai, registered with the Dubai Land Department (DLD) as project number 588 in 2008 by New World Invest 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 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 59.5% at the latest inspection on 4 January 2017. The structure was partially built before work stopped. 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)
DeveloperNew World Invest Ltd
DLD project number588
DLD statusCancelled
LocationCadi3, Al Barsha South Fourth, Dubai
Registered with DLD8 November 2008
Construction start (planned)16 March 2009
Planned completion30 September 2015
Latest DLD inspection4 January 2017
Completion recorded59.5%
Units1
Project area2,183 m²
Unit mix1 Unspecified
Escrow bankMashreq Bank Psc
Timeline

Registration and inspection history

  1. Registered with DLD
  2. Planned construction start
  3. DLD inspection · completion 55.4%
  4. DLD inspection · completion 45.8%
  5. DLD inspection · completion 54.4%
  6. DLD inspection · completion 60.0%
  7. Planned completion
  8. DLD inspection · completion 59.5%

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: 25.06974028, 55.2083243

DLD inspections

Site photos from DLD inspection records

Cadi3, Jumeirah Village Circle (JVC): Dubai Land Department inspection photo, January 2017
Photo: Dubai Land Department project inspection, January 2017
Cadi3, Jumeirah Village Circle (JVC): Dubai Land Department inspection photo, January 2017
DLD inspection photo, 4 January 2017
Cadi3, Jumeirah Village Circle (JVC): Dubai Land Department inspection photo, January 2017
DLD inspection photo, 4 January 2017
Cadi3, Jumeirah Village Circle (JVC): Dubai Land Department inspection photo, January 2017
DLD inspection photo, 4 January 2017
Cadi3, Jumeirah Village Circle (JVC): Dubai Land Department inspection photo, January 2017
DLD inspection photo, 4 January 2017
Cadi3, Jumeirah Village Circle (JVC): 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 Cadi3

  1. Confirm the status yourself. Check the project on the DLD project status service or the Dubai REST app using project number 588.
  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 Cadi3 cancelled?

The Dubai Land Department project register lists Cadi3 (DLD project no. 588) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Cadi3?

Cadi3 was registered with DLD by New World Invest Ltd (developer no. 355).

Where is Cadi3 located?

Cadi3 is in Jumeirah Village Circle (JVC), Dubai. The DLD location record reads: Cadi3, Al Barsha South Fourth, Dubai.

How many units were planned in Cadi3?

DLD records list 1 units (1 Unspecified).

How much of Cadi3 was built?

The latest DLD inspection recorded 59.5% completion.

Can buyers in Cadi3 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)

Westar Les Maisonettes, Jumeirah Village Circle (JVC): project renderWestar Les MaisonettesWestar Properties LimitedShamal Terraces 1, Jumeirah Village Circle (JVC): project renderShamal Terraces 1Lootah Real Estate Development L.L.CCenter Court, Jumeirah Village Circle (JVC): Dubai Land Department inspection photo, April 2016Center CourtEta Star Property Developers L.L.CMayfield Gardens, Jumeirah Village Circle (JVC): project renderMayfield GardensHorizon Infrastructure (Fzc)Green Valley Tower, Jumeirah Village Circle (JVC): project renderGreen Valley TowerG V G Real Estate Development(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)Jehaan 11Noorzak Investments 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.

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