Wix installer error code 2343 received for a simple configuration. (WIX Newbie) - wpf

Question

I am receiving the following error when using the following simple WIX configuration. The application being installed is WPF.
Product: Web Miner Installer -- The installer has encountered an unexpected error installing this package. This may indicate a problem with this package. The error code is 2343. The arguments are: , ,
<?xml version="1.0" encoding="UTF-8"?>
<Wix xmlns="http://schemas.microsoft.com/wix/2006/wi">
<Product Id="*" Name="Application Title" Language="1033" Version="1.0.0.0" Manufacturer="Avant Prime" UpgradeCode="855a8b6e-c576-41e2-8118-8f3511613478">
<Package InstallerVersion="200" Compressed="yes" InstallScope="perMachine" />
<MajorUpgrade DowngradeErrorMessage="A newer version of [ProductName] is already installed." />
<MediaTemplate />
<Feature Id="ProductFeature" Title="Application Title" Level="1">
<ComponentGroupRef Id="ProductComponents" />
</Feature>
<UIRef Id="WixUI_InstallDir" />
<Property Id="WIXUI_INSTALLDIR" Value="INSTALLLOCATION" />
<DirectoryRef Id="ShortcutFolder">
<Component Id="ShortcutsComponent" Feature="ProductFeature" Guid="{B40F2C3F-CACC-4196-8F8F-C0F6B082404E}">
<CreateFolder Directory="ShortcutFolder" />
<RemoveFolder Id="RemoveShorcutFolder" Directory="ShortcutFolder" On="uninstall" />
<Shortcut Id="UninstallProduct"
Name="Uninstall xxxxxxx"
Target="[System64Folder]msiexec.exe"
Arguments="/x [ProductCode]"
Directory="ShortcutFolder"
Description="Uninstalls xxxxxxx"/>
<RegistryValue Id="RegistryShortcut"
Root="HKCU"
Key="SOFTWARE\xxxxxx\settings"
Name="Shortcut"
Value="1"
Type="integer"
KeyPath="yes" />
</Component>
</DirectoryRef>
<PropertyRef Id="NETFRAMEWORK45" />
<Condition Message="This setup requires the .NET Framework 4.5.1 to be installed.">
Installed OR NETFRAMEWORK45
</Condition>
</Product>
<Fragment>
<Directory Id="TARGETDIR" Name="SourceDir">
<Directory Id="ProgramMenuFolder">
<Directory Id="ShortcutFolder" Name="xxxxxx"></Directory>
</Directory>
<Directory Id="ProgramFilesFolder">
<Directory Id="INSTALLFOLDER" Name="xxxxxxx" />
</Directory>
</Directory>
</Fragment>
<Fragment>
<ComponentGroup Id="ProductComponents" Directory="INSTALLFOLDER">
<Component Id="ProductComponent">
<File Source="$(var.MyApplication.TargetPath)" />
</Component>
</ComponentGroup>
</Fragment>
</Wix>
What am I missing or doing wrong?
Here is the requested log information. It is big so I attached a link.
WIX Installer Error Log

Answer 1

You should replace INSTALLLOCATION with the real property (INSTALLFOLDER in your case)