55-storey Dubai tower named after Shah Rukh Khan sold out for ₹5,000 crore
In a recent development, Bollywood superstar Shah Rukh Khan has launched a commercial tower in Dubai, named after him. The 55-storey tower, named Shahrukhz, is located on Sheikh Zayed Road and has already sold out for a staggering ₹5,000 crore. The project has generated immense interest among investors, with Dubai-based Indian real estate tycoon Rizwan Sajan confirming that the entire tower has been sold out due to strong demand for office space.
The launch of the tower was a grand affair, with Shah Rukh Khan himself attending the event. The actor, known for his charisma and business acumen, has been involved in various entrepreneurial ventures over the years. This latest project is a testament to his growing influence and popularity in the Middle East. The tower is slated for completion in 2029 and is expected to become a landmark in Dubai’s bustling business district.
The Shahrukhz tower is a significant project, not just because of its association with Shah Rukh Khan, but also due to its strategic location and state-of-the-art design. The tower will offer premium office space, with world-class amenities and infrastructure. The project is expected to attract top corporations and businesses from around the world, looking to establish a presence in Dubai.
The sale of the tower for ₹5,000 crore is a significant milestone, demonstrating the strong demand for commercial real estate in Dubai. The city has emerged as a major business hub, with its strategic location, favorable business environment, and world-class infrastructure. The UAE government has also introduced several initiatives to attract foreign investment, including the introduction of new visa rules and business-friendly regulations.
Rizwan Sajan, the Dubai-based Indian real estate tycoon behind the project, expressed his delight at the response to the tower. “We are thrilled to have sold out the entire tower, and we believe that this project will be a game-changer for the Dubai real estate market,” he said. Sajan’s company has been instrumental in developing several high-profile projects in Dubai, and the Shahrukhz tower is one of its most ambitious ventures to date.
The success of the Shahrukhz tower is also a testament to the growing influence of Indian investors in the Dubai real estate market. Indian investors have been actively investing in Dubai’s property market, attracted by the city’s business-friendly environment, tax-free regime, and high returns on investment. The UAE government has also introduced several initiatives to attract Indian investment, including the introduction of new visa rules and business-friendly regulations.
The association of Shah Rukh Khan with the project has also generated significant interest among Indian investors. The actor has a massive following in India and the Middle East, and his involvement in the project has helped to generate buzz and attract investors. Khan’s business ventures have been successful in the past, and his involvement in the Shahrukhz tower is expected to be a major draw for investors.
In conclusion, the sale of the 55-storey Dubai tower named after Shah Rukh Khan for ₹5,000 crore is a significant development in the Dubai real estate market. The project’s success is a testament to the strong demand for commercial real estate in Dubai, as well as the growing influence of Indian investors in the market. With its strategic location, state-of-the-art design, and world-class amenities, the Shahrukhz tower is expected to become a landmark in Dubai’s business district. The project’s completion in 2029 is eagerly anticipated, and it is expected to attract top corporations and businesses from around the world.
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