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CancelledStatus in the DLD project register · project no. 1068

Golden Future

Golden Future in Jumeirah Village Circle (JVC), Dubai: DLD project no. 1068, registered 2009, listed as cancelled in the DLD project register. Developer: Golden Land Development & Investment Limited.
0%Completion recorded
82Planned units
19Floors
2009Registered with DLD
Ashai Tower 5, Jumeirah Village Circle (JVC): cancelled Dubai project (highrise icon)
DLD status

Status and what it means

Golden Future is a real-estate project in Jumeirah Village Circle (JVC), Dubai, registered with the Dubai Land Department (DLD) as project number 1068 in 2009 by Golden Land Development & Investment Limited.

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 82 units across 19 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)
DeveloperGolden Land Development & Investment Limited
DLD project number1068
DLD statusCancelled
LocationGolden Future, Al Barsha South Fourth, Dubai
Registered with DLD27 January 2009
Construction start (planned)16 November 2008
Planned completion31 December 2012
Units82
Floors19
Project area9,973 m²
Unit mix4 NA · 25 1 B/R · 50 2 B/R · 3 3 B/R
Escrow bankMashreq Bank Psc
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: 25.276987, 55.296249

DLD inspections

Site photos from DLD inspection records

If you bought a unit in Golden Future

  1. Confirm the status yourself. Check the project on the DLD project status service or the Dubai REST app using project number 1068.
  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 Golden Future cancelled?

The Dubai Land Department project register lists Golden Future (DLD project no. 1068) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Golden Future?

Golden Future was registered with DLD by Golden Land Development & Investment Limited (developer no. 841).

Where is Golden Future located?

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

How many units were planned in Golden Future?

DLD records list 82 units (4 NA · 25 1 B/R · 50 2 B/R · 3 3 B/R) over 19 floors.

How much of Golden Future was built?

DLD inspection records show no construction progress for this project.

Can buyers in Golden Future 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)

Sunset Gardens A, Jumeirah Village Circle (JVC): project renderSunset Gardens AAlzahra PropertiesAl Ferdows, Jumeirah Village Circle (JVC): cancelled Dubai project (midrise icon)Giaradino Rotondo ResidenceAhmad Abdulla Ahmad & Ayesha Ahmad Abdulla & Amir Badkoubeh & Armin NiasarOrchid Residence, Jumeirah Village Circle (JVC): Dubai Land Department inspection photo, October 2016Orchid ResidenceAl Masah International Real Estate Development (Llc)Monte Carlo Residences, Jumeirah Village Circle (JVC): project renderMonte Carlo ResidencesPorto Fino Real Estate Development L.L.CDunes Tower, Jumeirah Village Circle (JVC): project renderDunes TowerReef Real Estate Investment Co (L.L.C)Al Ferdows, Jumeirah Village Circle (JVC): cancelled Dubai project (midrise icon)Zareen Residence 2Eastern Group 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.

How investment recovery works
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