CancelledStatus in the DLD project register · project no. 587

Cadi4

Cadi4 in Jumeirah Village Circle (JVC), Dubai: DLD project no. 587, registered 2008, listed as cancelled in the DLD project register. Developer: New World Invest Ltd.
42.7%Completion recorded
7Floors
2008Registered with DLD
6DLD site photos
Cadi4, Jumeirah Village Circle (JVC): Dubai Land Department inspection photo, January 2017
DLD status

Status and what it means

Cadi4 is a real-estate project in Jumeirah Village Circle (JVC), Dubai, registered with the Dubai Land Department (DLD) as project number 587 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 42.7% at the latest inspection on 4 January 2017. The structure was partially built before work stopped. It was planned with 7 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

AreaJumeirah Village Circle (JVC)
DeveloperNew World Invest Ltd
DLD project number587
DLD statusCancelled
LocationCadi4, Al Barsha South Fourth, Dubai
Registered with DLD8 November 2008
Construction start (planned)26 March 2009
Planned completion31 December 2015
Latest DLD inspection4 January 2017
Completion recorded42.7%
Floors7
Escrow bankMashreq Bank Psc
Timeline

Registration and inspection history

  1. Registered with DLD
  2. Planned construction start
  3. DLD inspection · completion 18.3%
  4. Show 5 more inspections
    1. DLD inspection · completion 17.6%
    2. DLD inspection · completion 19.6%
    3. DLD inspection · completion 19.7%
    4. DLD inspection · completion 22.5%
    5. DLD inspection · completion 31.4%
  5. DLD inspection · completion 38.6%
  6. Planned completion
  7. DLD inspection · completion 42.2%
  8. DLD inspection · completion 42.7%

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: 25.07028617, 55.20729764

DLD inspections

Site photos from DLD inspection records

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 Cadi4

  1. Confirm the status yourself. Check the project on the DLD project status service or the Dubai REST app using project number 587.
  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 Cadi4 cancelled?

The Dubai Land Department project register lists Cadi4 (DLD project no. 587) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Cadi4?

Cadi4 was registered with DLD by New World Invest Ltd (developer no. 355).

Where is Cadi4 located?

Cadi4 is in Jumeirah Village Circle (JVC), Dubai. The DLD location record reads: Cadi4, Al Barsha South Fourth, Dubai.

How much of Cadi4 was built?

The latest DLD inspection recorded 42.7% completion.

Can buyers in Cadi4 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.

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.