55-storey Dubai tower named after Shah Rukh Khan sold out for ₹5,000 crore
In a significant development that highlights the growing demand for luxury commercial spaces in Dubai, a 55-storey tower named after Bollywood superstar Shah Rukh Khan has been completely sold out, with the total value of the sales exceeding ₹5,000 crore. The tower, which is currently under construction on Sheikh Zayed Road, is slated for completion in 2029 and has been named Shahrukhz.
The project was launched by Shah Rukh Khan himself at a glitzy event, which was attended by several high-profile guests, including business leaders, investors, and celebrities. The launch of the tower is a significant milestone in the development of Dubai’s commercial real estate sector, which has been experiencing a surge in demand in recent years.
According to Dubai-based Indian real estate tycoon Rizwan Sajan, the developer of the project, the response to the tower has been overwhelming, with all the units being sold out within a short period of time. “We are thrilled with the response to the Shahrukhz tower,” Sajan said in a statement. “The demand for office space in Dubai is extremely high, and we are confident that this project will meet the needs of businesses and investors looking for luxury commercial spaces.”
The Shahrukhz tower is a state-of-the-art commercial building that will offer a range of amenities and facilities to its occupants, including high-speed elevators, advanced security systems, and luxurious lobby areas. The tower will also feature a range of sustainable design elements, including energy-efficient systems and green spaces, which will help reduce its carbon footprint and minimize its impact on the environment.
The sale of the Shahrukhz tower is a significant achievement for the developer, who has been active in the Dubai real estate market for several years. The project is a testament to the growing demand for luxury commercial spaces in Dubai, which has become a hub for businesses and investors from around the world.
Dubai’s strategic location, world-class infrastructure, and business-friendly environment have made it an attractive destination for companies and investors looking to establish a presence in the Middle East. The city’s real estate market has been experiencing a surge in demand in recent years, driven by the growth of the economy and the increasing popularity of the city as a tourist destination.
The sale of the Shahrukhz tower is also a significant milestone for Shah Rukh Khan, who has become a global brand ambassador for Indian cinema. The actor has a huge following in Dubai and the Middle East, and his association with the project has helped generate significant interest and buzz in the market.
The launch of the Shahrukhz tower is also a testament to the growing collaboration between Indian and Dubai-based businesses. The project is a result of a partnership between Indian and Dubai-based companies, and it highlights the growing opportunities for collaboration and investment between the two countries.
In recent years, Dubai has become a popular destination for Indian investors, who are attracted by the city’s business-friendly environment, world-class infrastructure, and strategic location. The city has also become a hub for Indian companies, with many leading Indian businesses having a presence in Dubai.
The sale of the Shahrukhz tower is a significant development in the Dubai real estate market, and it highlights the growing demand for luxury commercial spaces in the city. The project is a testament to the vision and expertise of the developer, who has created a world-class commercial building that meets the needs of businesses and investors.
As the Dubai real estate market continues to grow and evolve, it is likely that we will see more projects like the Shahrukhz tower being launched in the city. The project is a significant milestone in the development of Dubai’s commercial real estate sector, and it highlights the growing opportunities for investment and collaboration between Indian and Dubai-based businesses.
In conclusion, the sale of the 55-storey Dubai tower named after Shah Rukh Khan is a significant development in the Dubai real estate market. The project is a testament to the growing demand for luxury commercial spaces in the city, and it highlights the growing opportunities for collaboration and investment between Indian and Dubai-based businesses. As the city continues to grow and evolve, it is likely that we will see more projects like the Shahrukhz tower being launched in the future.
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