CancelledStatus in the DLD project register · project no. 455

Sky Scraper

Sky Scraper in Business Bay, Dubai: DLD project no. 455, registered 2008, listed as cancelled in the DLD project register. Developer: Silver Sky Properties L.L.C.
30.7%Completion recorded
71Floors
2008Registered with DLD
6DLD site photos
Sky Scraper, Business Bay: project render
DLD status

Status and what it means

Sky Scraper is a real-estate project in Business Bay, Dubai, registered with the Dubai Land Department (DLD) as project number 455 in 2008 by Silver Sky 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 on 4 February 2021 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 30.7% at the latest inspection on 4 February 2021. The structure was partially built before work stopped. It was planned with 71 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

AreaBusiness Bay
DeveloperSilver Sky Properties L.L.C
DLD project number455
DLD statusCancelled
LocationSky Scraper, Business Bay, Dubai
Registered with DLD8 November 2008
Construction start (planned)1 June 2007
Planned completion31 August 2022
Latest DLD inspection4 February 2021
Completion recorded30.7%
Floors71
Escrow bankEmirates Nbd Bank (P.J.S.C)
Timeline

Registration and inspection history

  1. Planned construction start
  2. Registered with DLD
  3. DLD inspection · completion 11.4%
  4. Show 8 more inspections
    1. DLD inspection · completion 6.0%
    2. DLD inspection · completion 11.0%
    3. DLD inspection · completion 11.1%
    4. DLD inspection · completion 23.5%
    5. DLD inspection · completion 26.7%
    6. DLD inspection · completion 29.5%
    7. DLD inspection · completion 31.0%
    8. DLD inspection · completion 31.3%
  5. DLD inspection · completion 31.6%
  6. DLD inspection · completion 31.7%
  7. DLD inspection · completion 30.7%
  8. 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: 25.18370636, 55.26369228

DLD inspections

Site photos from DLD inspection records

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 Sky Scraper

  1. Confirm the status yourself. Check the project on the DLD project status service or the Dubai REST app using project number 455.
  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 Sky Scraper cancelled?

The Dubai Land Department project register lists Sky Scraper (DLD project no. 455) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Sky Scraper?

Sky Scraper was registered with DLD by Silver Sky Properties L.L.C (developer no. 268).

Where is Sky Scraper located?

Sky Scraper is in Business Bay, Dubai. The DLD location record reads: Sky Scraper, Business Bay, Dubai.

How much of Sky Scraper was built?

The latest DLD inspection recorded 30.7% completion.

Can buyers in Sky Scraper 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.

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.