Rs 50 crore each! SRK’s Dubai penthouses sold out before launch

Dubai: All penthouses designed by interior designer Gauri Khan, wife of Bollywood superstar Shah Rukh Khan, at Shahrukhz Residences by Danube, the actor’s luxury residential project in Dubai, were sold out before its official launch, Danube Properties confirmed on Wednesday, November 11.

Danube Group founder and chairman Rizwan Sajan announced the sell-out at the launch event, held at Dubai’s Coca-Cola Arena. Hosted by filmmaker Karan Johar, the event was attended by Shah Rukh Khan, Gauri Khan, Danube Group managing director Adel Sajan and other guests.

The penthouses were priced between Rs 40 crore and Rs 50 crore and were the first properties to be sold, Rizwan Sajan said.

“The 40–50 crore penthouses were the first to be sold because of the lady’s charm,” he said, referring to Gauri Khan.

Danube Properties later confirmed the announcement through its official Instagram account, posting: “All penthouses at #ShahrukhzResidencesbyDanube are officially SOLD OUT!”

Reacting to the announcement, Gauri expressed excitement and credited Sajan for his vision and contribution to the project.

“I can’t believe that this has happened. I am so excited, but I think it’s all thanks to you. You’re the man behind the penthouses and all your vision and everything has come through to light,” she said.

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On October 20, Gauri announced on Instagram that she had designed the penthouses, describing the assignment as particularly close to her heart because the project carried her husband’s name.

“I’ve designed many spaces over the years, but working on a project that carries Shah Rukh’s name has been particularly close to my heart!” she wrote.

She said the aim was to recreate the feeling of living in a mansion within an apartment without compromising on luxury, comfort or practicality. The interiors feature bespoke Italian-branded furniture, spacious living areas, statement kitchens and waterfront views.

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What is Shahrukhz Residences by Danube?

Located in Dubai Maritime City, Shahrukhz Residences is an ultra-luxury residential development named after Shah Rukh Khan. Positioned as the world’s first celebrity-named residential tower, it offers fully furnished apartments overlooking the sea and Dubai skyline.

Prices start at Dirhams 1.65 million, with buyers required to pay 30 per cent during construction and the remaining 70 per cent upon handover. Completion is scheduled for the fourth quarter of 2029.

The development features more than 40 planned amenities, including a rooftop King’s Club, private yacht access and a Longevity Lounge offering cryotherapy, hyperbaric oxygen therapy, red-light therapy and infrared sauna facilities. Other facilities include sports areas, children’s daycare, cycling and jogging tracks and aqua-themed play areas.

Indian cricketer Suryakumar Yadav and his wife, Devisha Shetty, have also announced an investment in the development. Sharing the news on Instagram, the cricketer wrote: “I am thrilled to share that I’ve invested in Shahrukhz Residences by Danube.”

Shah Rukh Khan speaks about his dream home

At the launch, Shah Rukh Khan spoke about his childhood ambition of owning a house and how buying his first home and later Mannat in Mumbai became significant milestones in his life.

“My biggest yearning in life was to have a house,” he said, recalling that his parents had died early.

“For me, a home is where your story begins. I am a big believer in the fact that home is where you start from,” he told the audience.

Encouraging fans to pursue their dream of owning a home, he said: “If you aspire to buy your dream house, Allah helps you, the Almighty helps you. Think big, believe big and trust in yourself that you will have the house of your dreams.”

He added that returning home after difficult or happy days allows people to regain their strength and prepare to face the world again.

The residential project marks the second collaboration between Shah Rukh Khan and Danube Properties. Their earlier development, Shahrukhz, a commercial tower on Sheikh Zayed Road, sold out on its launch day in December 2025.

Khan also owns a beachfront villa on Palm Jumeirah. His 2023 action thriller Pathaan, co-starring Deepika Padukone and John Abraham, was filmed at several locations across Dubai.

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