CancelledStatus in the DLD project register · project no. 574

World Wide Tower

World Wide Tower in Jabal Ali Industrial Third, Dubai: DLD project no. 574, registered 2008, listed as cancelled in the DLD project register. Developer: New World Invest Ltd.
0%Completion recorded
155Planned units
18Floors
2008Registered with DLD
World Wide Tower, Jabal Ali Industrial Third: project render
DLD status

Status and what it means

World Wide Tower is a real-estate project in Jabal Ali Industrial Third, Dubai, registered with the Dubai Land Department (DLD) as project number 574 in 2008 by New World Invest Ltd.

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 155 units across 18 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

AreaJabal Ali Industrial Third
DeveloperNew World Invest Ltd
DLD project number574
DLD statusCancelled
LocationWorld Wide Tower, Jabal Ali Industrial Third, Dubai
Registered with DLD8 November 2008
Construction start (planned)17 March 2008
Planned completion1 June 2011
Units155
Floors18
Project area14,906 m²
Unit mix2 Shop · 55 Studio · 57 1 B/R · 28 2 B/R · 13 3 B/R
Escrow bankMashreq Bank Psc
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 World Wide Tower

  1. Confirm the status yourself. Check the project on the DLD project status service or the Dubai REST app using project number 574.
  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 World Wide Tower cancelled?

The Dubai Land Department project register lists World Wide Tower (DLD project no. 574) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of World Wide Tower?

World Wide Tower was registered with DLD by New World Invest Ltd (developer no. 355).

Where is World Wide Tower located?

World Wide Tower is in Jabal Ali Industrial Third, Dubai. The DLD location record reads: World Wide Tower, Jabal Ali Industrial Third, Dubai.

How many units were planned in World Wide Tower?

DLD records list 155 units (2 Shop · 55 Studio · 57 1 B/R · 28 2 B/R · 13 3 B/R) over 18 floors.

How much of World Wide Tower was built?

DLD inspection records show no construction progress for this project.

Can buyers in World Wide Tower 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.