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CancelledStatus in the DLD project register · project no. 565

Hydra Twin Towers

Hydra Twin Towers in Al Barsha South Fifth, Dubai: DLD project no. 565, registered 2008, listed as cancelled in the DLD project register. Developer: Hydra Properties (L.L.C).
7.6%Completion recorded
60Floors
2008Registered with DLD
Hydra Twin Towers, Al Barsha South Fifth: project render
DLD status

Status and what it means

Hydra Twin Towers is a real-estate project in Al Barsha South Fifth, Dubai, registered with the Dubai Land Department (DLD) as project number 565 in 2008 by Hydra Properties (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 inspections recorded completion of 7.6%, which indicates only early-stage works on site. It was planned with 60 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

AreaAl Barsha South Fifth
DeveloperHydra Properties (L.L.C)
DLD project number565
DLD statusCancelled
LocationHydra Twin Towers, Al Barsha South Fifth, Dubai
Registered with DLD8 November 2008
Construction start (planned)30 January 2008
Completion recorded7.6%
Floors60
Escrow bankEmirates Islamic Bank P.J.S.C.
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 Hydra Twin Towers

  1. Gather your evidence. Sale and purchase agreement, all payment receipts, escrow deposit confirmations, and any correspondence with the developer.
  2. 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.
  3. 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 Hydra Twin Towers cancelled?

The Dubai Land Department project register lists Hydra Twin Towers (DLD project no. 565) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Hydra Twin Towers?

Hydra Twin Towers was registered with DLD by Hydra Properties (L.L.C) (developer no. 343).

Where is Hydra Twin Towers located?

Hydra Twin Towers is in Al Barsha South Fifth, Dubai. The DLD location record reads: Hydra Twin Towers, Al Barsha South Fifth, Dubai.

How much of Hydra Twin Towers was built?

The latest DLD inspection recorded 7.6% completion.

Can buyers in Hydra Twin Towers 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 Barsha South Fifth

Al Ferdows, Jumeirah Village Circle (JVC): cancelled Dubai project (midrise icon)Sahara OneStar Surveying & Evaluating ServicesAl Ferdows, Jumeirah Village Circle (JVC): cancelled Dubai project (midrise icon)Dunes DaliyaQureshi Faisal Abdul AzizCelestica, Al Barsha South Fifth: project renderCelesticaSyndicate Developer LimitedApex Suites, Al Barsha South Fifth: project renderApex SuitesDubai Guernsey Property Investment LimitedThe Lyceum, Al Barsha South Fifth: project renderThe LyceumRethink Virera Real Estate Development L.L.CAl Ferdows, Jumeirah Village Circle (JVC): cancelled Dubai project (midrise icon)Dunes LilacDunes Group Developments 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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