Shah Rukh Khan-branded Dubai tower sells out for ₹5,000 crore

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Storyboard•14-12-2025, 13:25
Shah Rukh Khan-branded Dubai tower sells out for ₹5,000 crore
- •Dubai's "SHAHRUKHZ by Danube" luxury office tower, named after Shah Rukh Khan, sold out for over ₹5,000 crore (AED 2.1 billion).
- •The 55-story, one-million-square-foot project by Danube Group reflects strong demand for premium commercial real estate in Dubai.
- •The project, featuring 488 offices and scheduled for 2029 completion, attracted significant interest from investors, with 30% from the Indian diaspora.
- •Investors were drawn by higher yields, clear regulations, and UAE residency benefits compared to other markets.
- •Danube Group founder Rizwan Sajan highlighted the project's success, attributing it to the combination of luxury architecture and celebrity branding.
Why It Matters: Dubai's real estate boom and celebrity branding attract massive investor interest.
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