Danube Sells Out AED 19.6 Million Gauri Khan Penthouses in Dubai

The Shahrukhz Residences launch event was held at Coca-Cola Arena, and filmmaker Karan Johar hosted the evening. SRK, the designer, the chairman and managing director Adel Sajan were all on stage. The star greeted fans and danced to ‘Tu Mil Jaaye’, a song from his upcoming film King. He then sat on one of Johar’s signature couches for a relaxed chat.

The Shah Rukh Khan Karan Johar rapid fire round was the most fun part of the show. The host asked Rizwan what he would like to borrow from his guest. He picked the famous dimples and joked that with them he would sell twice as much property. He also joked that the actor has spent 35 years building a place in people’s hearts, and if given the same space, he would measure the carpet area, put up a 50-storey building and sell it. The superstar replied that nobody would watch his films if he lost his dimples.

The chairman also shared an old tip from the star. He recalled that SRK once told him to stop worrying about the singing, dancing and show, because his own job was to build the property while the star took care of the stage.

In another light moment, the Bollywood icon joked that at home his wife has the final say on almost everything, from the Wi-Fi and the paintings to the chandelier and whether he can eat in bed. He ended by praising her for making a beautiful home.

Her role in the Gauri Khan interior design work first became public on October 20, 2026, when she shared on Instagram that the job was close to her heart because it carried her husband’s name. At the launch, the designer called it “so personal” and noted that it meant a lot for her India based team to see its work on show in the UAE. Adel added that she joined every Zoom meeting and looked after small details, such as material choices and how the corners of each unit would look.

She said she wanted every space to feel elegant, warm and different, and to make the most of the waterfront setting. She added that it was special to see a “houseful” mark already stamped on her design.

In US dollars, each unit costs about USD 5.35 million, and in Indian rupees the price is close to AED 19.6 million. This is nearly 12 times the starting cost of an apartment in the same scheme. Only 3 of these units were planned, so together they are worth about AED 58.8 million. Demand for the Gauri Khan penthouses in Dubai came alongside 500 expressions of interest that the developer received from buyers. The founder said the company wants to create homes with good design, meaningful experiences and lasting value. He called the response a proud moment for his team. On stage, he also said these were the first homes to be sold and joked that this was because of “the lady’s charm.” The developer later posted on its official Instagram account that all the units were “officially SOLD OUT”, and the formal announcement followed on November 12.

The partnership began with the Shahrukhz commercial tower on Sheikh Zayed Road, a major business road. Key facts about it:

• 55-storey office building
• Unveiled at the exhibition centre in Expo City in December 2025
• Fully sold on its opening day
• 488 units from AED 2 million each
• Total value of AED 2.1 billion
• More than 1 million sq.ft. of built-up area
• Completion set for 2029

On stage this time, SRK shared that he is happy to see the brand move from offices to homes, and that the idea behind it is “living life king style.”

The Dubai Maritime City location puts the site in a mixed-use waterfront district on a man-made peninsula between Port Rashid and Drydocks World. The district is developed under DP World, the global port operator. It was planned as a hub for the shipping and marine industry, and it now mixes offices and marine services with new residential towers. Open sea views surround the peninsula. The developer already has other waterfront projects here, including Oceanz and Breez.

The apartment price and payment plan are simple to follow:

• Units start at AED 1.65 million, which is about USD 450,000
• 30% is paid during construction
• The remaining 70% is paid at handover
• More than 40 amenities are planned, including an infinity pool facing the skyline, a gym with glass walls from floor to ceiling and a Longevity Lounge for wellness

Two key numbers are still missing, which is different from the earlier office launch, where the full sales value was announced on launch night:

• The number of apartments the building will hold
• The overall cost of the residential scheme

This is not the couple’s first link with property in the UAE. In 2008, the actor launched a project in Ras Al Khaimah called Shah Rukh Khan Boulevard. Years later, he became the face of The Royal Estate, a home project in Dubai Investments Park, where Gauri was named to handle the interior design. Speaking about the new venture, he said that having Gauri by his side made it “even more special.”

Danube Properties is part of a group that Rizwan Sajan founded in 1993. It is one of the leading private real estate developers in the UAE and is known for bringing the 1% payment plan to the market. The company describes the new address as the world’s first residence named after a celebrity. Its founder has explained that buyers who liked the office scheme asked the company to bring the same experience to housing.