Bollywood icon Shah Rukh Khan has launched the much-hyped commercial tower in Dubai named after him at a glitzy event, which had over 6,500 people attending. Dubai-based Indian real estate tycoon Rizwan Sajan said the 55-tower project on Sheikh Zayed Road, named Shahrukhz, has sold out for over ₹5,000 crore on the back of strong demand for office space.
“Shahrukhz by Danube is sold out,” Sajan, founder and chairman of Danube Group, said as he revealed a miniature version of the tower that is slated for completion in 2029. The tower will feature a statue of Shah Rukh Khan in his iconic arms-outstretched pose at the entrance.
At the event, Shah Rukh Khan also had a light-hearted exchange with Sajan that left the audience amused. After the Danube Group owner announced that Shahrukhz by Danube was completely sold out, the actor quipped, “I’m sorry Rizwan bhai, I don’t understand the business of selling and buying… mujhe toh lag raha tha main yahan par aaonga launch karunga… aur phir main aapse ek-do office khareedunga. Mujhe bhi office nahi milega? (I thought I’d come here for the launch and then buy one or two offices from you, won’t I even get an office?)”
Sajan replied, “Filhaal toh everything is sold out unless and until… (For now, everything is sold out unless and until…),” prompting Khan to joke, “Yeh toh kamaal ho gaya hai.. apni hi building mein hum hi ko lene mein takleef ho rahi hai. (This is amazing.. I’m having trouble buying space in my own building).”
(Also Read: Shah Rukh Khan launches 55-storey Dubai tower named after him at glitzy event, builder says ‘sold out’)
Meanwhile, the Mumbai-born businessman also hinted that a second tower, also named after Shah Rukh Khan, is in the pipeline. “Picture abhi baaki hai mere dost,” Sajan said.
Danube also plans to launch similar ‘Shahrukhz’ towers in New York, London, Delhi and Mumbai.
Spanning over 1 million sq ft of built-up area, Shahrukz by Danube will feature 488 units starting at AED 2 million, with a total project valuation of AED 2.1 billion (over ₹5,000 crore).
“To see a project of this scale in Dubai carry my name is both an honour and a reminder of how generosity and vision can come together. Dubai has always embraced me with warmth. It’s a city built on courage, imagination and the belief that nothing is impossible,” Shah Rukh Khan said.
At the December 9 Bollywood-themed event at Expo City in Dubai, Khan also shared the stage with choreographer Farah Khan. Actor Malaika Arora danced to Khan’s iconic songs over the decades.
(Also Read: Shahrukhz by Danube: Shah Rukh Khan gets a 55-storey commercial tower in Dubai named after him. All you need to know)
All about Shahrukhz by Danube
Danube Group said the business tower will have 35 amenities, including a sky pool, a dedicated helipad for air taxis, valet services and exclusive executive lounges.
Sheikh Zayed Road, where the project is located, some of Dubai’s most iconic buildings, including the Burj Khalifa. The Shahrukhz tower will have a one million square feet of built-up area, Danube said.
(Also Read: Shahrukhz by Danube debuts in Dubai; Similar towers to come up in New York, London, Delhi and Mumbai)
The company will offer its 1% monthly payment plan and 10-year Golden Visa for eligible investors. Commercial unit sizes range from 460 sq ft to 11,000 sq ft. Buyers pay a 20% down payment, followed by monthly installments of 1% of the ₹4 crore price for six years.
(This writer visited Dubai on an invitation from Danube Group)