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CancelledStatus in the DLD project register · project no. 812

Zero Five Five

Zero Five Five in Hessyan Second, Dubai: DLD project no. 812, registered 2008, listed as cancelled in the DLD project register. Developer: Profile Zero Five Five Limited.
0%Completion recorded
1Planned units
2008Registered with DLD
Zero Five Five, Hessyan Second: project render
DLD status

Status and what it means

Zero Five Five is a real-estate project in Hessyan Second, Dubai, registered with the Dubai Land Department (DLD) as project number 812 in 2008 by Profile Zero Five Five 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 inspection records show no construction progress for this project. 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 Second
DeveloperProfile Zero Five Five Limited
DLD project number812
DLD statusCancelled
LocationZero Five Five, Hessyan Second, Dubai
Registered with DLD8 November 2008
Construction start (planned)22 August 2012
Units1
Project area5,130 m²
Unit mix1 Unspecified
Escrow bankDubai Islamic Bank (Public Joint Stock Company)
Timeline

Registration and inspection history

  1. Registered with DLD
  2. Planned construction start

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 Zero Five Five

  1. Confirm the status yourself. Check the project on the DLD project status service or the Dubai REST app using project number 812.
  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 Zero Five Five cancelled?

The Dubai Land Department project register lists Zero Five Five (DLD project no. 812) with the status "Cancelled". DLD does not publish the date of the cancellation decision in its public records.

Who was the developer of Zero Five Five?

Zero Five Five was registered with DLD by Profile Zero Five Five Limited (developer no. 575).

Where is Zero Five Five located?

Zero Five Five is in Hessyan Second, Dubai. The DLD location record reads: Zero Five Five, Hessyan Second, Dubai.

How many units were planned in Zero Five Five?

DLD records list 1 units (1 Unspecified).

How much of Zero Five Five was built?

DLD inspection records show no construction progress for this project.

Can buyers in Zero Five Five 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 Second

(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)Aquarius Gate TowerD10 Awf Investment LimitedBeach Front Living, Hessyan Second: project renderBeach Front LivingOmniyat Properties Nine Limted L.L.C(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)Phoenix WingsNeel Devcons Limited(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)Al QurashiBaiti Al Aneeq Buying And Selling Of Real Estate L L C(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)Monarch ResidencyC7d1 Limited(Ebony1) Jumeirah Business Center8, Al Thanyah Fifth: cancelled Dubai project (plot icon)Phoenix Beach ResidenceNeel Properties 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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