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CancelledStatus in the DLD project register · project no. 197

Wave Residence

Wave Residence in Hessyan First, Dubai: DLD project no. 197, registered 2008, listed as cancelled in the DLD project register. Developer: Plus Intetnational One Limited.
5.0%Completion recorded
1Planned units
2008Registered with DLD
Wave Residence, Hessyan First: project render
DLD status

Status and what it means

Wave Residence is a real-estate project in Hessyan First, Dubai, registered with the Dubai Land Department (DLD) as project number 197 in 2008 by Plus Intetnational One Limited.

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 5.0%, 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

AreaHessyan First
DeveloperPlus Intetnational One Limited
DLD project number197
DLD statusCancelled
LocationWave Residence, Hessyan First, Dubai
Registered with DLD8 November 2008
Construction start (planned)20 May 2009
Planned completion1 April 2012
Completion recorded5.0%
Units1
Project area7,499 m²
Unit mix1 Unspecified
Escrow bankBank Of Sharjah
Timeline

Registration and inspection history

  1. Registered with DLD
  2. Planned construction start
  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 Wave Residence

  1. Confirm the status yourself. Check the project on the DLD project status service or the Dubai REST app using project number 197.
  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 Wave Residence cancelled?

The Dubai Land Department project register lists Wave Residence (DLD project no. 197) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Wave Residence?

Wave Residence was registered with DLD by Plus Intetnational One Limited (developer no. 92).

Where is Wave Residence located?

Wave Residence is in Hessyan First, Dubai. The DLD location record reads: Wave Residence, Hessyan First, Dubai.

How many units were planned in Wave Residence?

DLD records list 1 units (1 Unspecified).

How much of Wave Residence was built?

The latest DLD inspection recorded 5.0% completion.

Can buyers in Wave Residence 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 Hessyan First

Pershing Luxury Beach Residence Tower, Hessyan First: project renderPershing Luxury Beach Residence TowerAlternative Capital Invest Gmbh (Branch)Dream Harbour, Hessyan First: project renderDream HarbourDesert Dream Investments & Development Properties (L.L.C)Dubai Water Front Badrah, Hessyan First: Dubai Land Department inspection photo, August 2015Dubai Water Front BadrahDubai Waterfront (L.L.C)(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)Rufi Luxury HeightsRufi Luxury Heigts LimiteSuhail Waterfront, Hessyan First: project renderSuhail WaterfrontAl Madar Investment (L.L.C)(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)MysticaSyndicate Sealine 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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