Home / NEWS / Cancelled and delayed UAE projects - the full list

Cancelled and delayed UAE projects - the full list

by CW staff on Feb 8, 2009

35 Comments

(Photo by Alex Wong/Getty Images)

The following table, as compiled by the HSBC Global Research division, lists a total of 59 projects, eight of which have been cancelled, with the remaining 51 listed as on hold. The list is in order of project value, with the most valuable – the Nakheel Harbour and Tower – at the top. More projects are expected to be placed on hold in the coming months. The list only covers official announcements.

Click here to read the story in full

Story continues below

FEATURED COMMENT

Does anybody know about what's happened to the German Supreme Tower in Jumairah Village? I've got a lot a money invested

35 Comments

Read more comments »

Announced project cancellations and suspensions in the UAE
Project	Value (US$mn)	Client	Status
Nakheel Harbour and Tower	38,000	Nakheel	On hold
Al Salam City	8200	Al Rajhi Group, Tameer Holding	On hold
Asia-Asia Hotel	3270	Tatweer	On hold
Al Salam City (Phase 1)	2700	Al Rajhi Group, Tameer Holding	On hold
Dolphin City	1700	Emirates German Group	On hold
Western region Aluminium Smelter Power Plant	1500	Abu Dhabi Water and Electricity Authority	On hold
Nad El Sheba Racecourse	1300	Meydan LLC	Cancelled
Redevlopment of Mina Rashid	1000	Nakheel	On hold
Aqua Dunya (Dubvailand): Phase 2	950	Aqua Dunya	On hold
Aqua Dunya (Dubvailand): Phase 1	950	Aqua Dunya	On hold
Investment Corporation of Dubai (ICD)	817	Investment Coprporation of Dubai	On hold
High Rise Boulevard	817	High Rise Real Estate	On hold
Anara	800	Tameer Holding	On hold
Plaza Mayor (Jumeirah Village)	800	Tasees, Makaseb Holding, Ishraqah	On hold
Falcon City of Wonders (Dubailand)	680	ETA Star	Cancelled
Atrium Project	654	Sunland Group	On hold (for redesign)
Palm Deira: Mixed-use Building Project	600	Nakheel	On hold
Palm Trump Hotel and Tower	600	Nakheel, Trump Organization	On hold
The Vantage	545	Cirrus Developments	On hold
Light Rail and Tramway (Dubai Waterfront)	500	Nakheel	On hold
Rotating Tower (Jebel Ali)	500	Merjen Group	On hold
Tiara United Towers	480	Zabeel Investments, United Group Holdings	On hold
Dubai Exhibition City	450	n/a	Cancelled
Jumeirah Hills	450	Sama Dubai (Dubai Holding)	On hold
Esplanade	422	Muzoon Holdings	On hold
Cactus Theme	420	Nakheel	On hold
Lagoon Club Hotel and Residences	400	Tourism Development and Investment Co	On hold
Signature Towers (Business Bay)	400	Dubai Properties	On hold
DRI and Meltshop Plant	400	Al-Tuwairqi Group	On hold
Emivest - DSO - Towers	400	Emirates Investment and Development PSC	On hold
International Powers/Mitsui - Umm Al Nar RO Plant	350	Abu Dhabi Water and Electricity Authority	On hold
Replacement of Infirld Pipelines (Zakum Field)	350	Abu Dhabi Marine Operating Company	On hold
Desert Gate Hotels and Towers	350	Bawadi	Cancelled
X2 Towers	300	Al Odaid	On hold
Borouge - Melamine Plant	300	Abu Dhabi Polymers Company Ltd (Borouge)	On hold
Ain Al-Fayda	300	Al Qudra Real estate	On hold
Sharjah Sports City	250	Government of Sharjah	On hold
Tatweer Towers	250	Mizin	On hold
Dubai Healthcare City - Phase 2	235	Tatweer	On hold
Forbidden City	222	Nakheel	On hold
Residential Towers on Plot 39	210	Emaar	On hold
Porsche Design Towers (Business Bay)	200	Dubai Properties	On hold
Pilkington Emirates - Float Glass Factory	200	Pilkington Emirates	Cancelled
Sienna Square	150	Cirrus Developments	On hold
Sea Gull Tower	145	East & West Properties	On hold
Image Residences	137	Al Fara'a Properties	On hold
Canal Point	136	Istithmar	On hold
Seascape Topwer	135	East & West Properties	On hold
Dubai Marina - Ice Tower	130	Mada'in Properties Abyaar Real Estate Investment	On hold
Waters Edge (Busienss Bay)	125	Damac Properties	Cancelled
Mina Rashid - Mixed-use Tower	110	Azizi Investments	On hold
West End Tower 1 and 2 (Jumeirah Village South)	110	Al Rashid Investments	On hold
Business Bay - Burjside Boulevard	100	Damac Properties	On hold
Dolphon Towers	100	Damac Properties	Cancelled
West Bay Tower (Business Bay)	88	Snasco, International Investment Bank	On hold
Al Odaid - Palm Tower	80	Al Odaid	On hold
Nadra Tower (Business Bay)	70	Tamweel	Cancelled
Jumeirah Village - Green Park	50	Damac Properties	On hold
Palm Island Hotel Resort	50	Al Fardan Group	On hold
Source: HSBC Global Research

Readers' Comments

Kaveh (Dec 15, 2011)

German Supreme Tower
Does anybody know about what's happened to the German Supreme Tower in Jumairah Village? I've got a lot a money invested on it and there's no news about it yet! Even the developer's gone!

mohith (Oct 31, 2011)
hyderabad
India

srk boulevard
Is srk boulevard canceld?,or will it happend....plz answer

Ronald Alvares (Oct 20, 2011)
Dubai
United Arab Emirates

Cancelled projects
Would like to know why Spica project in Jumeirah village south is still not in the cancelled list as Mr Anil Bastawde the man incharge of New star development is missing from Dubai since 2009 . Investors have got their money blocked as there is no clarity on this projecr

prakash (Oct 3, 2011)
Dubai
United Arab Emirates

Cassia Park Project
If Any one know about Cassia Park Project at Dubai Land, whether cancelled ? pls inform us.

sanjeet (Sep 28, 2011) United Arab Emirates

Any New List of cancelled projects
Any update on the new list for cancellation.

Mrs Abdoola (Mar 16, 2011)
triolet
Mauritius

Anjelica Residense in barsha dubai
please some one can guide me what to do cause till now the project is on hold ,so at least some know the procedure thanks

Patricia (Dec 14, 2010)
dubai
United Arab Emirates

JVC
Could someone let me know where I could find the list of cancelled/ or hold list for JVC area

sean dorsey (Dec 3, 2010)

FALCONCITY OF WONDER
on your website,you state that FALCONCITY OF WONDER is cancelled.uuhhhhhhhh,its built.

jj (Aug 30, 2010)
dubai
United Arab Emirates

Money back?
Did anyone get their money back? Please email me jumaily@gmail.com

maryam naz (Aug 24, 2010)
tehran
Iran

cancelled project
If anyone knows anything about cancellation of Reliance 2 and Abjar tower projects please inform me.

Bahman (Aug 22, 2010) USA

Nakheel tower
According to another website, Nakheel tower is canceled, but that is on hold here. Which one is correct(on hold or cancelled for ever)?

Bahman (Aug 19, 2010) USA

Question
Hello Is Falconcity of Wonders cancelled for ever?

Andre Abouzeid (Aug 14, 2010)
Dubai
United Arab Emirates

ACI Projects cancelled
I have purchased an office unit at the Victory Bay Tower project by ACI, Alternative Capital Invest, a german developer. It seems to have been canceled as well, as sources claim, as many ACI projects located in Business Bay. Delivery date was supposedly mid of last year but work has never been commenced.

Musheer ul Ameen (Jun 13, 2010)
Chennai
India

AL AREIFIE MARINA TOWER
Al-AREIFIE MARINA TOWER completion & handing over is still not declared by RERA. Don't know when the dispute shall be finalised. Since four years no results are assured.

Aju Sharfuddin (Jun 9, 2010)
Abu Dhabi, UAE
United Arab Emirates

Project developers certainly be transparent
All developers certainly need to be transparent to enhance their business and their clients at this juncture of the crisis.

hassan (Jun 9, 2010)
Dubai
United Arab Emirates

The list is inclomplete
It seems that the list is incomplete,the number of on hold projects are much longer,unless there will be serious action by RERA to cancel those projects and return back the money to buyers,dubai will lose the credibility and there will be no improvement in the market.

syed (Apr 16, 2010)
london
United Kingdom

shami sports tower
does anybody know status of shami sports tower? Are there chances of it being cancelled and investors getting their money back somehow?

Tabassum (Apr 13, 2010)
Frankfurt
Germany

Shami sports Tower Dubai Sports City
Would like to know about the project name,Shami Sports Tower in Dubai Sports City,if it cancelled or delayed?

kutty (Feb 28, 2010) Ireland

zero five zero project Dubai
Please if any body know about the latest position with the Zero five zero waterfront project please let me know

Paul Smith (Feb 22, 2010)
JB
Malaysia

Jouri 4
Anyone heard anything about the status of Jouri 4?

J.S.S.ALI (Jan 16, 2010)
Dubai
United Arab Emirates

cancellation list
Omniyat properties has put on HOLD more than 4 projects in Business bay which is not listed.Please update.

vandana (Jan 2, 2010)
New Delhi
India

cancelled Projects
Would like to know the status of Maysan Towrs 2 & 3 at Asmaran Bawadi by emaar...heard they are cancelled please confirm Urgent

Herold (Dec 28, 2009)
Dubai
United Arab Emirates

Paper Projects
Most of the above listed are paper projects!!!!! Stay away if you have invested only little and save the rest??.

abdul khadir basha mohtisham (Dec 27, 2009)
dubai
United Arab Emirates

real dubai
can any one tell me when dubai will bounce back in correct term, considering all facts

Sudesh Shankar (Dec 23, 2009)
Dubai
United Arab Emirates

Al Faraa Cancellation
Image residence will it ever be built....when can we investors expect any realistic answers from this project developers after all the money is stuck.

Sudesh Shankar (Dec 23, 2009)
Dubai
United Arab Emirates

Image Residence by Al Faraa
These Al Faraa guys have been harping the same record for over 12 months saying they have no handover from the Master Developers and hence have not been able to mobilise their construction team.....I mean having sold the project at over 1500 AED psf is there anay way they will have the investors continue with this project in this climate where banks are not funding any project that is not complete....it is a joke.....consumers protection rights are completely ignored!!

sanjeet (Dec 20, 2009)
Dubai
United Arab Emirates

Image Residence
Hi, Is there any development for Image Residence project. Any body knows about the Projects which are in progress in Jasbel Ali downtown area.

haytham taghian (Nov 2, 2009)
Cairo
Egypt

jebel ali zone 3&4 - schon
any news about schon residence ??? canceled or hold????

Mary (Oct 11, 2009)
Dubai
United Arab Emirates

Cancelled Projects
Dear Sir, Thanks to HSBC Global Research for bringing us the proejcts on hold or cancelled in February. Can we get an update on the current situation for the same? As we all know there is a dire need for transperancy in the matter and any kind of help in this regard would be welcome for the suffering masses.

Mr Shah (Jun 20, 2009)
london
United Kingdom

zero five zero water front project can not find management of this project
Dear All i bought unit in zero five zero water front project. I tried to contact the management but I can not find anybody they have closed their offices if any body client for this project or anybody got any information please contact me. regards Mr Shah

alka (Jun 10, 2009)
muscat
Oman

sanali towers cancellation
Sanali towers project also cancelled or not ?

Justine May (Mar 21, 2009)
Melbourne
Australia

Dubai Suspended Projects
Can anyone tell me if they know anything about Select Property and in particular their Botanica Project? Just wanting to get an understanding if it is still moving forward.

rezwan (Feb 13, 2009)

On Going Works
Seems that not all the projects are on hold status. I'm currently working on Nad Al Sheba RC, so that is still in progress.

Nicole Martin (Feb 10, 2009)

Article on suspended Projects
This list is incorrect. The list was published in Khaleej Times on 3 February and on 4 February, no less than 3 developers rebutted this.

saed (Feb 9, 2009)

projects stopped
There are many projects stopped but not mentioned in the list. Especially for Emaar.

COMMENTS


Name *
Email *
City
Country
Subject: *
Comments: *
Math Question: *
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.	Refresh the image if not clear
	Remember me on this computer

LATEST MIDDLE EAST CONSTRUCTION PROJECTS / NEWS

More..

	Articles
	Companies