55-storey Dubai tower named after Shah Rukh Khan sold out for ₹5,000 crore
In a remarkable turn of events, a 55-storey tower in Dubai, named after the Bollywood superstar Shah Rukh Khan, has been completely sold out, with the total value of the sales exceeding ₹5,000 crore. The tower, dubbed Shahrukhz, is located on the prestigious Sheikh Zayed Road and is slated for completion in 2029. This monumental project has been making headlines, not just because of its sheer scale and luxurious features, but also due to its unique naming, which has generated a significant amount of buzz and interest among investors and fans of the actor alike.
The launch of the Shahrukhz tower was a glitzy affair, with Shah Rukh Khan himself attending the event, alongside Dubai-based Indian real estate tycoon Rizwan Sajan, who is the mastermind behind this ambitious project. Sajan, who has been at the forefront of several high-profile real estate developments in Dubai, expressed his excitement and satisfaction at the overwhelming response to the Shahrukhz tower, stating that the project has already sold out, with buyers eager to snap up office space in the prestigious building.
The Shahrukhz tower is a testament to the growing demand for commercial real estate in Dubai, which has emerged as a hub for business and trade in the Middle East. The tower’s strategic location on Sheikh Zayed Road, which is home to some of the city’s most iconic landmarks and businesses, makes it an attractive proposition for companies and investors looking to establish a presence in the region. The project’s impressive design, luxurious amenities, and world-class facilities have also been major draws for buyers, who are willing to pay a premium for the privilege of owning a piece of this exclusive development.
For Shah Rukh Khan, the naming of the tower after him is a significant honor, and a reflection of his enduring popularity and influence, not just in India, but also globally. The actor, who has a massive following in the Middle East, has been a frequent visitor to Dubai, and has been involved in several business ventures and philanthropic initiatives in the region. The launch of the Shahrukhz tower is a natural extension of his brand and legacy, and is expected to further cement his status as a global icon and entrepreneur.
The success of the Shahrukhz tower project is also a testament to the growing ties between India and the UAE, which have been strengthening in recent years, driven by trade, investment, and cultural exchange. The project has been made possible by the vision and expertise of Rizwan Sajan, who has been at the forefront of promoting Indian-UAE business relations, and has been instrumental in bringing several high-profile Indian investors and brands to Dubai.
The sale of the Shahrukhz tower for over ₹5,000 crore is a significant milestone, not just for the project’s developers, but also for the Dubai real estate market as a whole. The transaction is one of the largest in recent memory, and is a reflection of the confidence and optimism that investors have in the city’s commercial property sector. The project’s success is also expected to have a positive impact on the local economy, creating jobs, stimulating economic growth, and further solidifying Dubai’s position as a hub for business and investment.
In conclusion, the launch of the Shahrukhz tower is a significant event, not just for the real estate industry, but also for fans of Shah Rukh Khan, who will be eager to see the project take shape and become a reality. With its impressive design, luxurious amenities, and strategic location, the tower is set to become a landmark in Dubai, and a testament to the city’s growing reputation as a hub for business, trade, and entertainment. As the project progresses towards its completion date of 2029, it will be interesting to see how it evolves and takes shape, and how it contributes to the growth and development of the city’s commercial property sector.
For more information on this story, please visit: https://www.hindustantimes.com/real-estate/shah-rukh-khan-launches-55-storey-dubai-tower-named-after-him-at-glitzy-event-builder-says-sold-out-101765352461456-amp.html
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