India, Dec. 10 -- Bollywood icon Shah Rukh Khan has launched the much-hyped commercial tower in Dubai named after him at a glitzy event, which had over 6,500 people attending. Dubai-based Indian real estate tycoon Rizwan Sajan said the 55-tower project on Sheikh Zayed Road, named Shahrukhz, has already sold out for over Rs.5000 crore on the back of strong demand for office space.

"Shahrukhz by Danube is sold out," Sajan, founder and chairman of Danube Group, said as he revealed a miniature version of the tower that is slated for completion in 2029. The tower will feature a statue of Shah Rukh Khan in his iconic arms-outstretched pose at the entrance.

At the event, Shah Rukh Khan also had a light-hearted exchange with Sajan that left the...