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CancelledStatus in the DLD project register · project no. 1594

Green Acres @ Akoya By Damac

Green Acres @ Akoya By Damac in Al Hebiah Third, Dubai: DLD project no. 1594, registered 2014, listed as cancelled in the DLD project register. Developer: Damac Crescent Properties.
4.4%Completion recorded
1Planned units
2014Registered with DLD
4DLD site photos
Green Acres @ Akoya By Damac, Al Hebiah Third: Dubai Land Department inspection photo, April 2015
DLD status

Status and what it means

Green Acres @ Akoya By Damac is a real-estate project in Al Hebiah Third, Dubai, registered with the Dubai Land Department (DLD) as project number 1594 in 2014 by Damac Crescent Properties.

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 16 April 2015 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 4.4% at the latest inspection on 16 April 2015, which indicates only early-stage works on site. 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

AreaAl Hebiah Third
DeveloperDamac Crescent Properties
DLD project number1594
DLD statusCancelled
LocationGreen Acres @ Akoya By Damac, Al Hebiah Third, Dubai
Registered with DLD1 November 2014
Construction start (planned)1 November 2014
Planned completion31 August 2016
Latest DLD inspection16 April 2015
Completion recorded4.4%
Units1
Project area672,509 m²
Unit mix1 Unspecified
Escrow bankAbu Dhabi Commercial Bank
Timeline

Registration and inspection history

  1. Registered with DLD
  2. Planned construction start
  3. DLD inspection · completion 4.4%
  4. 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

Green Acres @ Akoya By Damac, Al Hebiah Third: Dubai Land Department inspection photo, April 2015
Photo: Dubai Land Department project inspection, April 2015
Green Acres @ Akoya By Damac, Al Hebiah Third: Dubai Land Department inspection photo, April 2015
DLD inspection photo, 16 April 2015
Green Acres @ Akoya By Damac, Al Hebiah Third: Dubai Land Department inspection photo, April 2015
DLD inspection photo, 16 April 2015
Green Acres @ Akoya By Damac, Al Hebiah Third: Dubai Land Department inspection photo, April 2015
DLD inspection photo, 16 April 2015

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 Green Acres @ Akoya By Damac

  1. Confirm the status yourself. Check the project on the DLD project status service or the Dubai REST app using project number 1594.
  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 Green Acres @ Akoya By Damac cancelled?

The Dubai Land Department project register lists Green Acres @ Akoya By Damac (DLD project no. 1594) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Green Acres @ Akoya By Damac?

Green Acres @ Akoya By Damac was registered with DLD by Damac Crescent Properties (developer no. 954).

Where is Green Acres @ Akoya By Damac located?

Green Acres @ Akoya By Damac is in Al Hebiah Third, Dubai. The DLD location record reads: Green Acres @ Akoya By Damac, Al Hebiah Third, Dubai.

How many units were planned in Green Acres @ Akoya By Damac?

DLD records list 1 units (1 Unspecified).

How much of Green Acres @ Akoya By Damac was built?

The latest DLD inspection recorded 4.4% completion.

Can buyers in Green Acres @ Akoya By Damac 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 Al Hebiah Third

Augusta@Akoya By Damac, Al Hebiah Third: Dubai Land Department inspection photo, February 2016Augusta@Akoya By DamacDamac Crescent Properties(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)The Range @ Akoya By DamacDamac Crescent Properties(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)Trevi@Akoya By DamacDamac Crescent Properties(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)Legend 1 @ Akoya By DamacDamac Crescent PropertiesCharlotte@Akoya By Damac, Al Hebiah Third: Dubai Land Department inspection photo, February 2016Charlotte@Akoya By DamacDamac Crescent Properties(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)Legend 2 @ Akoya By DamacDamac Crescent Properties
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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