Shah Rukh Khan-backed Dubai penthouses at $5.35m each sell out on launch day

Bollywood star Shah Rukh Khan and his wife lent star power to a Dubai property launch that sold out on the day: Danube Properties unveiled Shahrukhz Residences, a fully furnished waterfront development in Dubai Maritime City, at a launch event on Wednesday (November 11) at Coca-Cola Arena, Dubai. All penthouses designed by Gauri Khan, each valued at USD 5.35 million, sold out on launch day.

A star-studded launch hosted by Karan Johar

The event was hosted by filmmaker Karan Johar and attended by Danube Group founder and chairman Rizwan Sajan alongside Shah Rukh Khan and Gauri Khan. It marked the second collaboration between Sajan and Khan, who said it was "wonderful to see the Shahrukhz journey evolve from a successful commercial landmark into an iconic residential address."

Apartments from $450,000 on a 30:70 payment plan

The fully furnished residences start at USD 450,000, with a flexible 30:70 payment plan — 30 percent during construction and 70 percent on handover. Shahrukhz Residences follows the Shahrukhz commercial tower, which sold out on its launch day in 2025. (Source: AETOSWire / Business Wire)