55-storey Dubai tower named after Shah Rukh Khan sold out for ₹5,000 crore
In a glitzy event that took the real estate world by storm, Bollywood superstar Shah Rukh Khan has launched a commercial tower in Dubai named after him. The 55-storey tower, dubbed Shahrukhz, is located on the prestigious Sheikh Zayed Road and has already sold out for a staggering ₹5,000 crore. The project’s rapid sell-out is a testament to the strong demand for office space in Dubai, as well as the allure of owning a piece of a celebrity-backed development.
According to Dubai-based Indian real estate tycoon Rizwan Sajan, the brain behind the project, the Shahrukhz tower has generated immense interest among investors and businesses looking to establish a presence in the Middle East. The tower’s prime location, state-of-the-art amenities, and the fact that it is named after one of India’s most beloved celebrities have all contributed to its rapid sell-out.
The Shahrukhz tower is slated for completion in 2029 and will offer a range of office spaces, from small startups to large corporations. The tower’s design is a marvel of modern architecture, with sleek lines, stunning views of the city, and a range of amenities that cater to the needs of modern businesses. From high-speed elevators to advanced security systems, the Shahrukhz tower is designed to provide a seamless and efficient working experience for its occupants.
The launch of the Shahrukhz tower is a significant milestone for Shah Rukh Khan, who has been a long-time fan of Dubai and its vibrant real estate market. The actor has been involved in various business ventures in the past, but this is his first foray into the real estate sector. Khan’s involvement in the project has generated a lot of buzz, with many of his fans and investors eager to be a part of the development.
The success of the Shahrukhz tower is also a testament to the growing appeal of Dubai as a business hub. The city’s strategic location, business-friendly environment, and world-class infrastructure have made it a magnet for investors and businesses from around the world. The city’s real estate market has been booming in recent years, with a range of new developments and projects being launched to cater to the growing demand for office and residential space.
The Shahrukhz tower is just one of many high-profile developments that are currently underway in Dubai. The city is home to some of the world’s most iconic buildings, including the Burj Khalifa, the tallest building in the world. The city’s real estate market is known for its innovative and futuristic designs, with many developers pushing the boundaries of what is possible in terms of architecture and engineering.
The sell-out of the Shahrukhz tower is also a reflection of the strong demand for office space in Dubai. The city’s business sector is growing rapidly, with many companies looking to establish a presence in the Middle East. The demand for office space is driven by a range of factors, including the city’s strategic location, its business-friendly environment, and its highly skilled workforce.
In conclusion, the launch of the Shahrukhz tower is a significant development in the Dubai real estate market. The tower’s rapid sell-out is a testament to the strong demand for office space in the city, as well as the allure of owning a piece of a celebrity-backed development. With its prime location, state-of-the-art amenities, and stunning design, the Shahrukhz tower is set to become one of the most sought-after addresses in Dubai.
As the city continues to grow and evolve, it will be interesting to see how the real estate market responds to the changing needs of businesses and investors. One thing is certain, however: the Shahrukhz tower is a significant milestone in the development of Dubai’s real estate market, and its success is a testament to the city’s enduring appeal as a business hub.
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