Photo: giggel, Wikimedia Commons, “Dubai - Queen Elizabeth 2 vor der Skyline von Dubai – gesehen vom Port Rashid aus”, CC BY 3.0 (cropped)
Ask most visitors about the stretch of coast between Bur Dubai and Jumeirah and they will mention the QE2, the old Cunard liner that now serves as a floating hotel. However, few could name the peninsula next to it. That is changing quickly, because Dubai Maritime City has just gained its most famous new homeowner.
On Friday, Gulf News reported that India’s T20 captain Suryakumar Yadav has bought a luxury home in Shahrukhz Residences by Danube, a waterfront tower named after Bollywood star Shah Rukh Khan. The news has spread fast among cricket and Bollywood fans on X. This guide explains what was actually announced, what the district is like today and what any buyer should check before following him.
Last updated: Friday 16 October 2026, Dubai time. Prices and payment plans are as published by the developer and may change.
What Suryakumar Yadav Bought in Dubai
Suryakumar announced the purchase on Instagram in a video with his wife, Devisha Shetty. According to Gulf News, he chose the new residential tower partly because of his link with Danube Group founder Rizwan Sajan, as both men have roots in Mumbai. However, the price of his apartment has not been disclosed.
In the video, as reported by NDTV Sports, he recalled first coming to Dubai for the IPL in 2014. He said the city feels relaxed and safe, and that the wellness centre planned for the building was a deciding factor. Gulf News added that he is one of a growing number of Indian sports personalities buying into the city’s property market.
What Is Dubai Maritime City?
Dubai Maritime City is a reclaimed peninsula of about 2.27 million square metres, built out into the sea between Port Rashid and the Dubai Drydocks. It belongs to the DP World group and was planned as a mixed-use hub for the maritime industry. The plan combines ship repair yards, offices, a maritime campus, a marina district and high-rise homes on one strip of land.
Above all, location is its biggest selling point. The district sits roughly a kilometre from Jumeirah Beach Road and about 1.5 kilometres from Bur Dubai, with Sheikh Zayed Road around three kilometres away. In 2022 the area’s managers announced a Dh140 million infrastructure project. It was designed to link the peninsula more closely with neighbouring Mina Rashid, home of the QE2 hotel and its marinas.
However, it is still a district in transition. The industrial precinct, with its shipyards, workshops and boat lifts, is fully working. Meanwhile, several residential towers are still being built, so expect cranes and site traffic for some years yet.

Shahrukhz Residences at a Glance
Danube launched the tower on 7 October, as Gulf News and Khaleej Times both reported at the time. Here are the key facts from the launch and the developer’s project page:
- Location: a waterfront plot in Dubai Maritime City with sea and skyline views.
- Starting price: Dh1.65 million for a fully furnished apartment.
- Payment plan: 30 per cent during construction and 70 per cent on handover.
- Completion: the fourth quarter of 2029, according to Danube.
- Homes: studios to three-bedroom apartments, plus penthouses designed by Gauri Khan.
- Amenities: more than 40, including a longevity lounge with cryotherapy and an infrared sauna, a rooftop club and access to a private yacht.
The residential tower follows Shahrukhz by Danube, a commercial tower on Sheikh Zayed Road. Danube says that building sold out on its launch day.
Why Celebrity Homes Are Drawing Buyers to Dubai Maritime City
Khaleej Times described the launch as part of a wider trend. Dubai developers are increasingly using celebrity names and wellness-led amenities to stand out, and branded homes are becoming a real draw for local and overseas investors. Danube even bills this project as the world’s first celebrity-named residential tower.
The broader market also matters. On Thursday evening, Khaleej Times reported comments from Emaar founder Mohamed Alabbar at the Sharjah Investment Forum. He said Emaar’s cancellations doubled to around 1,200 a month during the recent regional tension, before falling back to fewer than 600. For context, he said the developer normally sells about 4,000 units a month. In other words, demand has held up, but off-plan buyers do sometimes walk away when the mood changes.
Exploring Dubai Maritime City and Mina Rashid Today
You do not need to buy an apartment to enjoy this corner of the city. In fact, the waterfront around Mina Rashid already makes a pleasant half-day out, especially now that the evenings are cooling down.
Step aboard the QE2
The QE2 is the obvious starting point. The hotel’s website lists a Legacy Tour of the ship at AED 85 per person, with pre-booking advised. A Royal Afternoon Tea in the Chart Room runs daily from 2pm to 5pm and costs AED 165. Alternatively, the Golden Lion pub on board serves British classics and a Sunday roast.
Look at the yachts
The marinas at Mina Rashid often host some of the largest private yachts in the region. A stroll along the quay is free. Also, if you fancy getting out on the water yourself, our guide to Dubai yachts explains how charters work.

Add some old Dubai
Better still, Bur Dubai’s heritage lanes are only minutes away. Pair your visit with a walk along Dubai Creek or follow our Sheikh Rashid Heritage Trail, which tells the story of the ruler who gave the nearby port its name. The QE2 says Al Ghubaiba Metro Station is a few minutes away, and the hotel also offers a complimentary shuttle bus service. Check the RTA website for current routes before you travel.
Buying Off-Plan in Dubai Maritime City: A Checklist
Of course, a celebrity neighbour is a fun headline, but it is not a reason to sign a contract. If you are tempted by Dubai Maritime City, or by any off-plan launch, work through these steps first. Our guide to investing in Dubai in 2026 covers the wider picture.
- Confirm that the developer and the project are registered with the Dubai Land Department, and ask for the escrow account details. Instalments for off-plan homes should be paid into that account, not to an agent.
- Read the sale and purchase agreement carefully, especially the handover date, any late-delivery clauses and what happens if you miss a payment.
- Budget for the transfer fee. The Dubai Land Department charges four per cent of the sale value to register a sale. Its service page splits this between buyer and seller, so check who pays in your contract.
- Plan for the 70 per cent balance. On a 30/70 plan most of the money falls due at handover, so line up a mortgage or savings well in advance.
- Visit the site and the surrounding streets at different times of day, because construction, shipyard activity and traffic can all affect daily life.
- Compare the furnished price with similar completed flats nearby, such as those in Bur Dubai, Jumeirah or Dubai Creek Harbour.

Can a Dubai Maritime City Home Bring a Golden Visa?
Many overseas buyers ask this question first. According to the official UAE government portal, the property route to a Golden Visa requires a minimum investment of AED 2 million and gives a five-year renewable residence visa. As a result, an entry-level Dh1.65 million studio would not reach the threshold on its own, while larger units might. Rules on off-plan property and mortgages can be detailed, so check with the immigration authorities before you rely on a visa. Our guide to the Dubai residence visa explains the other options.
Is Dubai Maritime City a Good Place to Live?
Ultimately, it depends on what you value. On the plus side, the location is genuinely central, with the sea on three sides and Bur Dubai, Jumeirah and Downtown all a short drive away. On the other hand, the district is still young. Everyday shops, schools and parks are thinner on the ground than in established areas, and the industrial precinct will remain a working shipyard.
For buyers who are happy to wait until 2029 and enjoy watching a neighbourhood grow, that may be part of the appeal. Families who need everything on the doorstep today may prefer an established community. Our overview of Dubai homes and real estate compares several of the main areas.
Conclusion
Suryakumar Yadav’s purchase has put a bright spotlight on Dubai Maritime City, the waterfront peninsula next to Mina Rashid and the QE2. So far, the facts are simple. Shahrukhz Residences starts at Dh1.65 million on a 30/70 plan, with handover due in late 2029. Visitors can already enjoy the QE2, the marina and nearby Bur Dubai. Buyers, meanwhile, should treat the star power as a bonus and do the usual homework on escrow, fees and timelines.
FAQ: Dubai Maritime City
Where is Dubai Maritime City?
It is a reclaimed peninsula between Port Rashid and the Dubai Drydocks, next to Bur Dubai. It is roughly a kilometre from Jumeirah Beach Road and about three kilometres from Sheikh Zayed Road.
What property did Suryakumar Yadav buy in Dubai?
He bought a home in Shahrukhz Residences by Danube, a residential tower in Dubai Maritime City named after Shah Rukh Khan. The price has not been disclosed.
How much do Shahrukhz Residences apartments cost?
Danube says prices start at Dh1.65 million for a fully furnished apartment. Buyers pay 30 per cent during construction and 70 per cent on handover.
When will Shahrukhz Residences be completed?
The developer lists completion in the fourth quarter of 2029. However, off-plan handover dates can move, so check the contract for delay clauses.
Can I visit the QE2 without staying there?
Yes. The QE2 offers a Legacy Tour at AED 85 per person and a Royal Afternoon Tea at AED 165, and its restaurants and pub are open to day visitors.
Does buying property in Dubai give you a Golden Visa?
A property investment of at least AED 2 million can qualify for a five-year Golden Visa, according to the UAE government portal. Check the current rules for off-plan and mortgaged homes before you buy.
Key Takeaways
- India T20 captain Suryakumar Yadav has bought a home in Shahrukhz Residences by Danube, Gulf News reported on 16 October 2026.
- The tower is in Dubai Maritime City, a waterfront peninsula between Port Rashid and the Dubai Drydocks.
- Prices start at Dh1.65 million on a 30/70 payment plan, with completion due in late 2029.
- Celebrity-branded homes are a growing trend, while Emaar says its cancellations have fallen back to normal levels.
- Check escrow, the four per cent DLD fee and the handover terms before buying any off-plan home.
- Visitors can explore the QE2, the Mina Rashid marina and nearby Bur Dubai today.
Useful Links
- Gulf News: Suryakumar Yadav buys luxury Dubai property named after Shah Rukh Khan
- Gulf News: Shah Rukh Khan and Rizwan Sajan reunite for Shahrukhz Residences
- Khaleej Times: Dubai’s celebrity-branded homes trend grows with new SRK tower launch
- Khaleej Times: Emaar cancellations halve, says Alabbar
- Dubai Land Department: property sale registration and fees
- UAE government portal: Golden Visa categories
- Queen Elizabeth 2 hotel: tours and dining
- Our guide to investing in Dubai in 2026
Featured image: giggel, Wikimedia Commons, “Dubai – Queen Elizabeth 2 vor der Skyline von Dubai – gesehen vom Port Rashid aus”, CC BY 3.0 (cropped). This article is for general information only and is not financial or legal advice.