New Delhi: All the penthouses designed by Gauri Khan at Shahrukhz Residences in Dubai sold out on launch day. The penthouses were priced at ₹50 crore each, according to PTI. The residential tower, named after Shah Rukh Khan, was launched on Wednesday, 11 November.
Danube Properties announced the sellout on 12 November. The developer also said it had received 500 expressions of interest from prospective buyers. However, Danube Group chairman Rizwan Sajan did not disclose the number of apartments planned in the 60-storey tower or the total cost of the project.
“The response, particularly the penthouse sell-out, is a proud milestone for our team,” Sajan said.
Gauri, who designed the three penthouses, said she wanted the homes to feel elegant and warm while making the most of their waterfront location.
“It’s special to see this design vision receive such an encouraging response, with a houseful mark already stamped on it,” she said.
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What Shahrukhz Residences will offer
Shahrukhz Residences was launched at Dubai’s Coca-Cola Arena in the presence of Shah Rukh, Gauri, Rizwan Sajan and Adel Sajan. The event was hosted by filmmaker Karan Johar.
The tower is coming up in Dubai Maritime City. According to Danube Properties, it will offer fully furnished studio apartments as well as one-, two-, and three-bedroom units, with prices starting at Dh1.65 million (approximately ₹4.2 crore).
Under the payment plan, buyers will pay 30 per cent of the price during construction and the remaining 70 per cent when the apartments are handed over.
The project will feature more than 40 amenities, including a rooftop King’s Club, a private yacht and a wellness lounge offering treatments such as cryotherapy and red-light therapy. It is expected to be completed by the end of 2029.
This is the second Danube project named after Shah Rukh. The first, Shahrukhz by Danube, is a 55-storey commercial tower on Sheikh Zayed Road, unveiled in November 2025. That project also sold out on launch day, with Danube reporting sales worth Dh2.1 billion (approximately ₹5,000 crore).
(Edited by Maryam Hassan)