CancelledStatus in the DLD project register · project no. 586

Cadi5

Cadi5 in Jumeirah Village Circle (JVC), Dubai: DLD project no. 586, registered 2008, listed as cancelled in the DLD project register. Developer: Al Masah International Real Estate Development (Llc).
40.1%Completion recorded
7Floors
2008Registered with DLD
3DLD site photos
Cadi5, Jumeirah Village Circle (JVC): Dubai Land Department inspection photo, January 2017
DLD status

Status and what it means

Cadi5 is a real-estate project in Jumeirah Village Circle (JVC), Dubai, registered with the Dubai Land Department (DLD) as project number 586 in 2008 by Al Masah International Real Estate Development (Llc).

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 40.1% 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)
DeveloperAl Masah International Real Estate Development (Llc)
DLD project number586
DLD statusCancelled
LocationCadi5, Al Barsha South Fourth, Dubai
Registered with DLD8 November 2008
Construction start (planned)18 April 2009
Planned completion30 June 2016
Latest DLD inspection4 January 2017
Completion recorded40.1%
Floors7
Escrow bankMashreq Bank Psc
Timeline

Registration and inspection history

  1. Registered with DLD
  2. Planned construction start
  3. DLD inspection · completion 18.8%
  4. DLD inspection · completion 18.8%
  5. DLD inspection · completion 20.5%
  6. DLD inspection · completion 36.6%
  7. Planned completion
  8. DLD inspection · completion 40.1%

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: 25.06882688, 55.21323931

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 Cadi5

  1. Confirm the status yourself. Check the project on the DLD project status service or the Dubai REST app using project number 586.
  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 Cadi5 cancelled?

The Dubai Land Department project register lists Cadi5 (DLD project no. 586) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Cadi5?

Cadi5 was registered with DLD by Al Masah International Real Estate Development (Llc) (developer no. 906).

Where is Cadi5 located?

Cadi5 is in Jumeirah Village Circle (JVC), Dubai. The DLD location record reads: Cadi5, Al Barsha South Fourth, Dubai.

How much of Cadi5 was built?

The latest DLD inspection recorded 40.1% completion.

Can buyers in Cadi5 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.