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CancelledStatus in the DLD project register · project no. 1253

Horizon2

Horizon2 in Jumeirah Village Circle (JVC), Dubai: DLD project no. 1253, registered 2009, listed as cancelled in the DLD project register. Developer: Gulf General Investments Co. (P.S.C).
0%Completion recorded
132Planned units
20Floors
2009Registered with DLD
Al Habtoor Island Resort & Spa, Palm Jumeirah: cancelled Dubai project (mixed icon)
DLD status

Status and what it means

Horizon2 is a real-estate project in Jumeirah Village Circle (JVC), Dubai, registered with the Dubai Land Department (DLD) as project number 1253 in 2009 by Gulf General Investments Co. (P.S.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 132 units across 20 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)
DeveloperGulf General Investments Co. (P.S.C)
DLD project number1253
DLD statusCancelled
LocationHorizon2, Al Barsha South Fourth, Dubai
Registered with DLD6 October 2009
Construction start (planned)28 February 2009
Planned completion20 May 2011
Units132
Floors20
Project area10,947 m²
Unit mix2 Shop · 99 2 B/R · 31 3 B/R
Escrow bankAbu Dhabi Commercial Bank
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 Horizon2

  1. Confirm the status yourself. Check the project on the DLD project status service or the Dubai REST app using project number 1253.
  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 Horizon2 cancelled?

The Dubai Land Department project register lists Horizon2 (DLD project no. 1253) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Horizon2?

Horizon2 was registered with DLD by Gulf General Investments Co. (P.S.C) (developer no. 285).

Where is Horizon2 located?

Horizon2 is in Jumeirah Village Circle (JVC), Dubai. The DLD location record reads: Horizon2, Al Barsha South Fourth, Dubai.

How many units were planned in Horizon2?

DLD records list 132 units (2 Shop · 99 2 B/R · 31 3 B/R) over 20 floors.

How much of Horizon2 was built?

DLD inspection records show no construction progress for this project.

Can buyers in Horizon2 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)

Al Ferdows, Jumeirah Village Circle (JVC): cancelled Dubai project (midrise icon)Al FerdowsMammut Construction Group FzcoProdigy, Jumeirah Village Circle (JVC): project renderProdigyAntonia Resources LimitedAl Habtoor Island Resort & Spa, Palm Jumeirah: cancelled Dubai project (mixed icon)Tower 10Pnd Investments LtdAshai Tower 5, Jumeirah Village Circle (JVC): cancelled Dubai project (highrise icon)Condor ClassicCondor Properties LimitedAl Ferdows, Jumeirah Village Circle (JVC): cancelled Dubai project (midrise icon)Faras 2Khuyool Investments (L.L.C)Mayfield Gardens, Jumeirah Village Circle (JVC): project renderMayfield GardensHorizon Infrastructure (Fzc)
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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