CancelledStatus in the DLD project register · project no. 499

The Cube

The Cube in Al Hebiah Fourth, Dubai: DLD project no. 499, registered 2008, listed as cancelled in the DLD project register. Developer: Trend Capital Gmbh & Co. Dubai Sports City Kg.
27.5%Completion recorded
28Floors
2008Registered with DLD
Ashai Tower 5, Jumeirah Village Circle (JVC): cancelled Dubai project (highrise icon)
DLD status

Status and what it means

The Cube is a real-estate project in Al Hebiah Fourth, Dubai, registered with the Dubai Land Department (DLD) as project number 499 in 2008 by Trend Capital Gmbh & Co. Dubai Sports City Kg.

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 27.5%. The structure was partially built before work stopped. It was planned with 28 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 Hebiah Fourth
DeveloperTrend Capital Gmbh & Co. Dubai Sports City Kg
DLD project number499
DLD statusCancelled
LocationThe Cube, Al Hebiah Fourth, Dubai
Registered with DLD8 November 2008
Construction start (planned)20 January 2008
Planned completion26 April 2012
Completion recorded27.5%
Floors28
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: 25.04380775, 55.21966921

DLD inspections

Site photos from DLD inspection records

If you bought a unit in The Cube

  1. Confirm the status yourself. Check the project on the DLD project status service or the Dubai REST app using project number 499.
  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 The Cube cancelled?

The Dubai Land Department project register lists The Cube (DLD project no. 499) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of The Cube?

The Cube was registered with DLD by Trend Capital Gmbh & Co. Dubai Sports City Kg (developer no. 292).

Where is The Cube located?

The Cube is in Al Hebiah Fourth, Dubai. The DLD location record reads: The Cube, Al Hebiah Fourth, Dubai.

How much of The Cube was built?

The latest DLD inspection recorded 27.5% completion.

Can buyers in The Cube 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.