The Danube Group launches a real marvel
The Dubai real estate market has kept its momentum going even as it has strengthened its position as one of the world’s most dynamic investment destinations, delivering exceptional returns alongside unmatched lifestyle benefits. As traditional hubs across the world, face headwinds, Dubai has emerged as a compelling choice for investors seeking both capital appreciation and holistic opportunities. The testimony to this is the fact that a Rs 5,000-crore Grade A commercial office tower – ‘SHAHRUKHZ by Danube’ coming up on Dubai’s iconic Sheikh Zayed Road, was fully sold on the very first day of its launch.
The $3-billion Dubai-based Danube Group, founded by Rizwan Sajan, the Dubai-based Indian realty tycoon, is investing around Rs 3,000 crore in this 55-storey commercial tower which will offer more than one million square feet of Grade-A office space designed for global businesses, start-ups and corporate headquarters. Named after Bollywood superstar Shah Rukh Khan, the spectacular property will have 488 commercial units (starting around Rs4.5 crore), blended luxury with modern office amenities. The celebrity tower, perhaps first in the world, has been conceptualised and designed after studying more than 100 prime commercial projects across the world.
All the units of the tower, which will be completed by 2029, has been sold out after the booking opened two weeks before the glittering launch ceremony held in Dubai on December 9, 2025. The celebratory launch happened in presence of Bollywood superstar at Dubai Exhibition Centre, Expo City, was attended by over 6,000 guests, including leading personalities from the UAE, top creators, influential business leaders, prominent real estate stakeholders and global media.
World-class amenities
“The record-breaking success of ‘SHAHRUKHZ by Danube’ is a proud moment for us. This overwhelming response is a clear reflection of the project’s unmatched value - from its prime location with seamless access to Dubai’s key destinations, to its world-class amenities and thoughtfully crafted design inspired by global luxury standards. Every element of this tower was envisioned to offer a lifestyle that stands apart, and the demand we witnessed confirms that we have delivered something truly exceptional to the market,” states Sajan who hinted that more towers named after Shah Rukh Khan could be launched, given the success of the first.
‘The project marks a landmark collaboration between two trailblazers who have dominated their respective industries for more than three decades. Set to illuminate the Dubai skyline, this premium commercial tower will rise majestically on the Sheikh Zayed Road, emerging as a prestigious address for global entrepreneurs, innovators, and visionaries. With more than 35 amenities under one roof, the tower is thoughtfully designed to elevate professional life and seamlessly enhance work–life balance for its occupants,” says Adel Sajan, managing director, Danube Group.
Expressing his gratitude at the launch, Shah Rukh Khan said: “To see a project of this scale in Dubai carry my name is both an honour and a reminder of how generosity and vision can come together. Dubai has always embraced me with warmth - it’s a city built on courage, imagination, and the belief that nothing is impossible. ‘SHAHRUKHZ by Danube’ reflects that very spirit. I’m grateful to be associated with Rizwan Sajan and Danube, a brand that continually pushes boundaries and inspires people to dream bigger.”
Danube Properties, part of the diversified Danube Group founded in 1993, entered the real estate business only in 2014. Since then, it has launched 40 projects, with 18 already delivered and the remainder at various stages of development. In CY2025 the company expects to clock property sales of around R23,000 crore, with Indian buyers contributing around 25 per cent of the total demand.
Danube Group founder Sajan, 62, was born in the slums of Ghatkopar, Mumbai, into a middle-class family. He grew up facing significant financial struggles. In 1981, he moved to Kuwait and began his career as a trainee salesman in his uncle’s building materials store. However, the Gulf War in 1991 forced him to return to Mumbai. With his sheer determination, Sajan returned to the Gulf region and founded the Danube Group in 1993 in Dubai as a small trading firm.