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CancelledStatus in the DLD project register · project no. 314

Capital Square

Capital Square in Jabal Ali Industrial Third, Dubai: DLD project no. 314, registered 2008, listed as cancelled in the DLD project register. Developer: Damac Development(L L C).
0%Completion recorded
134Planned units
16Floors
2008Registered with DLD
Capital Square, Jabal Ali Industrial Third: project render
DLD status

Status and what it means

Capital Square is a real-estate project in Jabal Ali Industrial Third, Dubai, registered with the Dubai Land Department (DLD) as project number 314 in 2008 by Damac Development(L L C).

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 inspection records show no construction progress for this project. It was planned with 134 units across 16 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

AreaJabal Ali Industrial Third
DeveloperDamac Development(L L C)
DLD project number314
DLD statusCancelled
LocationCapital Square, Jabal Ali Industrial Third, Dubai
Registered with DLD8 November 2008
Construction start (planned)28 April 2008
Units134
Floors16
Project area16,991 m²
Unit mix76 1 B/R · 8 2 B/R · 50 3 B/R
Escrow bankAbu Dhabi Commercial Bank
Timeline

Registration and inspection history

  1. Planned construction start
  2. Registered with DLD

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

If you bought a unit in Capital Square

  1. Confirm the status yourself. Check the project on the DLD project status service or the Dubai REST app using project number 314.
  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.
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Questions

Frequently asked questions

Is Capital Square cancelled?

The Dubai Land Department project register lists Capital Square (DLD project no. 314) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Capital Square?

Capital Square was registered with DLD by Damac Development(L L C) (developer no. 192).

Where is Capital Square located?

Capital Square is in Jabal Ali Industrial Third, Dubai. The DLD location record reads: Capital Square, Jabal Ali Industrial Third, Dubai.

How many units were planned in Capital Square?

DLD records list 134 units (76 1 B/R · 8 2 B/R · 50 3 B/R) over 16 floors.

How much of Capital Square was built?

DLD inspection records show no construction progress for this project.

Can buyers in Capital Square 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 Jabal Ali Industrial Third

(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)Integral 05Integral Properties DevelopmentDeyaar Park, Jabal Ali Industrial Third: project renderDeyaar ParkDeyaar Development (P.J.S.C)(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)Mammut TowerMammut Construction Group FzcoAshai Tower 5, Jumeirah Village Circle (JVC): cancelled Dubai project (highrise icon)Down Town HightsEmirates Residential And Commercial PropertiesBusiness Place & Park Side, Jabal Ali Industrial Third: project renderBusiness Place & Park SideDamac Development(L L C)Libertas, Jabal Ali Industrial Third: project renderLibertasLyra Internatiolnal 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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