Is Avenue 353 cancelled?

Avenue 353 is recorded as under cancellation in the Dubai Land Department project registry, at 24.5% construction complete. Confirm the current official status directly with the DLD before acting.

How much of Avenue 353 was built?

DLD inspection records put Avenue 353 at 24.5% complete, a figure unchanged since Mar 2023.

What happens to money paid into Avenue 353?

Off-plan payments in Dubai are held in a RERA-regulated escrow account, in this case administered by Commercial Bank International P.J.S.C. When a project is cancelled, the Real Estate Judicial Committee oversees liquidation of the escrow and the refund process. Contact the DLD and take legal advice on your specific case.

Avenue 353: Cancelled Dubai Project

Under Cancellation 24.5% built Wadi Al Safa 4

Avenue 353 by Ilyas & Mustafa Galadari Real Estate Co (L.L.C) is recorded as under cancellation in the Dubai Land Department registry, with construction recorded at 24.5% complete. That percentage has not moved since Mar 2023 — roughly 3 years without recorded progress.

Construction reached24.5%

Last DLD inspectionMar 2023

Construction startedApr 2014

Was dueDec 2025

Units planned79

Escrow agentCommercial Bank International P.J.S.C

What happened: the official inspection record

The Dubai Land Department inspects registered projects and records a completion percentage at each visit. This is the recorded history for Avenue 353 — the clearest public evidence of what happened on site.

24 March 2023

24.46% complete
12 October 2022

20.80% complete
12 September 2021

17.26% complete
10 June 2018

13.82% complete
5 April 2018

13.82% complete — no change from the previous inspection
4 January 2018

13.82% complete — no change from the previous inspection
23 February 2016

10.13% complete
20 July 2015

3.76% complete

Reading the pattern: repeated inspections returning the same percentage over 3 years indicate a site where work stopped rather than one progressing slowly. The structure recorded at 24.5% is, on this evidence, standing incomplete.

If you bought into Avenue 353

Your money should be in escrow. Dubai law requires off-plan payments to be held in a RERA-regulated escrow account, administered here by Commercial Bank International P.J.S.C. When the DLD cancels a project, the Real Estate Judicial Committee oversees liquidation of that escrow and the refund process for buyers.

What to do: contact the Dubai Land Department with your contract and payment records and ask for the current status of the project file and the liquidation process. Keep every receipt, SPA and Oqood registration document. Refund outcomes depend on what remains in escrow and on the committee's determination, so take legal advice specific to your contract rather than relying on general guidance.

Verify before you act. This page reflects DLD open data at the time of publication. Registry records change. Confirm the current official position with the DLD directly.

Need help with Avenue 353?

Tell us which applies and we'll come back with something specific — not a sales call.

Checking a project before you buy

The pattern behind most entries in the cancellation registry is consistent: payments made outside a registered escrow account, a developer with no completed projects to inspect, or a location with no surrounding infrastructure at the time of launch. Before committing to any off-plan purchase, confirm the project is RERA-registered, confirm the escrow account exists and that your payments go into it, and go and physically look at something the developer has already delivered.

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Source: Dubai Land Department open data. This page states matters of public record and is not a judgement about any company. Believe something here is wrong or out of date? Tell us and we will verify and correct it.