Danube's Shah Rukh Khan-branded Dubai tower sells out for Rs 5,000 crore

• Danube Group sold its Shah Rukh Khan-branded Dubai office tower, "SHAHRUKHZ by Danube," for over Rs 5,000 crore.
• The 55-storey, one-million sq. ft. premium commercial project sold out rapidly, highlighting strong demand for high-yield office assets in Dubai.
• Indian diaspora constitutes 30% of buyers, attracted by higher yields, transparent regulations, and UAE residency opportunities.
• The project, located on Sheikh Zayed Road, is slated for completion in 2029 and was developed at a cost of around Rs 3,500 crore.
• The quick sell-out underscores Dubai's growing appeal for commercial grade-A office spaces among Indian and global investors.

Why It Matters: Celebrity branding drives massive Indian investment in Dubai's commercial real estate.