Skip to main content

Bollywood star backs luxury project in Dubai

Shah Rukh Khan, one of the biggest stars in Bollywood, has teamed up with an alliance of developers to endorse a AED2.3 billion (US $626 million) mixed-used project in Dubai which was first launched in 2008, but stalled by the global financial crisis.

The movie star has joined up with Aristocrat Star, PAL Developments and Pacific Ventures for their Royal Estates by Shah Rukh Khan development, which will house a total of 2000 units, comprising apartments, villas, boutique retail spaces, an office complex and a luxury hotel. The development will be located in Dubai Investments Park.

Units will go on sale from August 7 with apartment prices starting at AED450,000 and townhouses from AED1.6 million.

The endorsement comes nearly six years since The Royal Estates community was first announced by Aristocrat Star Investments in October 2008.

In a statement published by UAE daily Khaleej Times, Khan said: "Everyone's story begins in their home and no home is less than a kingdom for its residents. Three renowned and experience organizations Aristocrat, Pal and Pacific Ventures have partnered to develop and present Royal Estates which ensures uncompromised comfort, elegance, safety and a state of the art landscaped serenity that weaves a stellar community.

"I am delighted to be associated with this project."

According to the development's website, the Royal Estates have been exclusively designed by Los Angeles-based architect Tony Ashai, while Gauri Khan, the wife of Shah Rukh, is behind the interiors.

Phase 1 of the project comprising 400 units is scheduled to be delivered during the first quarter of 2016.

It's not the first time that the Khans have endorsed real-estate projects in the UAE. In 2008, Khan backed a project in Ras Al Khaimah called Shah Rukh Khan Boulevard which was put on hold soon after its launch.

Source: http://www.hoteliermiddleeast.com/21163-bollywood-star-backs-luxury-project-in-dubai/

Comments

Post a Comment

Popular posts from this blog

Being SRK: The ultimate reality TV show

It's a job most Indians would die for — shadowing Shah Rukh Khan wherever he goes. For the last two months, that's exactly what a TV crew has been doing, following the country's biggest star from South Africa to America to London to Mumbai — all for the making of a unique six-part series on the actor, to be telecast on lifestyle channel Discovery Travel & Living. "It's an inner world-outer world kind of documentary," said Khan, speaking exclusively to HT. "Hopefully, the parts that people will get to see of me — at work and at other places — will shed some light on how films and film stars work and offer an insight into how I do things." Khan said he has got to know the crew quite well ("They have been very unobtrusive"). For Discovery Travel & Living, this series will be one of the biggest global productions to come out of India and will be shown all over the world. "We haven't yet decided when we're going to telec...
48 comments
Read more

Aishwarya Rai and Shah Rukh Khan appreciate Fiji

Former Miss World and Bollywood actress – Aishwarya Rai says Fiji is always close to her heart. Rai was present at the recent Zee Cine Awards in Singapore which was covered by the Fiji Broadcasting Corporation – and thanked Fiji citizens for their support of the Bollywood industry. Rai told FBC's Mirchi FM Programs director – Shammi Lochan that the support from Fiji means a lot to her. "It is a great opportunity to tell all the listeners of Fiji- thank you so much for all your love, good wishes, the blessing, your emails, and the overwhelming support you all extend to me and my family. It means a lot to us as actors, as the audience are the ones that complete our lives." Bollywood King – Shah Rukh Khan, who visited Fiji in 1998 says he has fond memories of Fiji and is fascinated with the hospitality. " It was a great experience to come there and meet every one there so basically it was very wonderful experience there." Shah Rukh Khan is expected t...
Post a Comment
Read more