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Cancelled Real Estate Projects

The Committee for liquidation of cancelled real estate projects and settlement of rights thereof, in the Emirate of Dubai, is the competent committee for liquidation of real estate projects cancelled by final decision of Real Estate Regulatory Agency (RERA). The judgments, orders and decisions issued by the Committee shall be final, absolute and unappealable by either mean of appeal, and shall be executed by Department of Execution at Dubai Courts. You may contact the Committee During official working hours across the counter No 10 in the main building of Dubai courts, where you can find all required information related to the projects under the Committee jurisdiction.

Note: You can access attached file by pressing on file # and The status of the remaining projects and the investors details will be uploaded soon.
For contacting use this email:  
Expand...The 1st  Liquidation Committee
Project Name
File
Notes
TONINO LAMBORGHINI-ELETTRA RESIDENCE
SUNSET GARDENS B
SUNSET GARDENS A
SUNRISE 2
EDEN 2
EDEN 1
HAMPSTEAD RESIDENCES
EDEN BLUE
Whoever has a claims relating to the canceled project, Should refer to the First Committee and submit the documents proving his claim to the customer service counter (10) in the Central Services Department before 27th of Jun 2018, and will not pay attention to the claims received after that date
WAVE RESIDENCE 2
ECLIPSE TOWER
Total number of pages 7
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Expand...The 2nd  Liquidation Committee
Project Name
File
Notes
BANGASH RESIDENCE

Expand...The 3rd  Liquidation Committee
Project Name
File
Notes
ESCAN TOWER
The committee decided to liquidate the project (No. 846 ESCAN TOWER) and distribute the file balance as follows:
  1. The amount of AED 116,181,730 for the mortgagee Emirates Islamic Bank,
  2 - AED 112,294.40 for the House of Lights Real Estate Management LLC,
  3. An amount of AED 3,443,480.02 to the investors listed in the list attached to the judgment and the amounts indicated by each of them.
G OFFICE TOWER 
لإجراءات تثمين قطعة الأرض تمهيدا لبيعها في المزاد العلني
Held for the Project's Land selling procedures 
SAPPHIRE
The committee decided to liquidate the project (SAPPHIRE) and distribute the balance of the file (AED 7,570,567) to the investors listed in the list attached to the judgment and the amounts indicated by each of them
TOWER 88
The Committee decided to:
1- Register land no: 1083 Albarsha South Forth under the name of Master developer after refunding AED 30602988.45 in 90 days starts from the of notifying the Master developer or selling the project land.
2- Liquidate the project (TOWER 88) and distribute the balance of the file (AED 2942748.79) to the investors listed in the list attached to the judgment and the amounts indicated by each of them.
RELIANCE 1
The Committee decided to:
1- Register land no: 1613 Albarsha South Fifth under the name of Master developer and detect AED 10205672.38
2- Liquidate the project (RELIAENCE 1) and distribute the balance of the file (AED 10805407.71) to the investors listed in the list attached to the judgment and the amounts indicated by each of them.
RELIANCE 2
The Committee decided to:
1- Register land no: 1613 Albarsha South Fifth under the name of Master developer and detect AED 9620666.97
2- Liquidate the project (RELIAENCE 2) and distribute the balance of the file (AED 10663975) to the investors listed in the list attached to the judgment and the amounts indicated by each of them.
RELIANCE 3
The Committee decided to:
1- Register land no: 1031 Albarsha South Forth under the name of Master developer and detect AED 3099645
2- Liquidate the project (RELIAENCE 3) and distribute the balance of the file (AED 3902989.19) to the investors listed in the list attached to the judgment and the amounts indicated by each of them.
RELIANCE 4
The Committee decided to:
1- Register land no: 198 Albarsha South Fifth under the name of Master developer and detect AED 5880070
2- Liquidate the project (RELIAENCE 4) and distribute the balance of the file (AED 8152888.45) to the investors listed in the list attached to the judgment and the amounts indicated by each of them.
RELIANCE 5
The Committee decided to:
1- Register land no: 307 Albarsha South Forth under the name of Master developer and detect AED 4800040
2- Liquidate the project (RELIAENCE 5) and distribute the balance of the file (AED 6981847.55) to the investors listed in the list attached to the judgment and the amounts indicated by each of them.
RELIANCE 6
The Committee decided to:
1- Register land no: 1214 Albarsha South Forth under the name of Master developer and detect AED 12368790
2- Liquidate the project (RELIAENCE 6) and distribute the balance of the file (AED 14103850.24) to the investors listed in the list attached to the judgment and the amounts indicated by each of them.
Total number of pages 6
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