SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Kiku Sharda receives handover of apartment at Danube Properties’ Skyz residential tower in Dubai

#International News#United Arab Emirates
Last Updated : 23rd May, 2026
Synopsis

Kiku Sharda has received possession of an apartment at Skyz by Danube, a residential development by Danube Properties located in Arjan, Dubai. The fully furnished residential tower forms part of Dubai’s expanding mid-premium housing market and offers lifestyle-focused amenities targeted at both investors and end-users. The developer stated that the handover reflects continued investor interest in Dubai’s residential market, particularly among international buyers and celebrities. The development comes amid sustained demand for Dubai real estate driven by rental returns, investor-friendly regulations and ongoing infrastructure expansion across the emirate’s residential and commercial sectors.

Indian actor and comedian Kiku Sharda has received the handover of his apartment at Skyz by Danube, a residential tower developed by Danube Properties in Dubai’s Arjan district, reflecting continued international investor interest in the emirate’s residential real estate market.


The handover took place during the past week at the Skyz by Danube development, a residential project comprising fully furnished apartments and lifestyle-focused amenities within one of Dubai’s emerging residential micro-markets.

According to the developer, the project has been positioned as a contemporary residential tower catering to both end-users and investors seeking ready-to-move furnished housing options in Dubai.

Danube Group Founder and Chairman Rizwan Sajan stated that the apartment handover reflects the company’s focus on timely project delivery and customer confidence. He said the developer continues to prioritise accessible and structured homeownership solutions for both domestic and international buyers.

Sharda stated that the purchase process had been smooth and highlighted the quality of construction and interior finishing within the project. He added that the fully furnished format and flexible payment structures offered by the developer had made property ownership in Dubai more convenient.

Located in Arjan, Skyz by Danube forms part of Dubai’s expanding residential development corridor, which has witnessed increasing investor activity due to connectivity improvements, mixed-use developments and rising rental demand.

Industry observers note that fully furnished residential developments are increasingly attracting buyers in Dubai due to their investment readiness, rental potential and convenience for overseas purchasers.

The development also comes shortly after reports indicating that Bollywood actor Tiger Shroff invested in an apartment at Breez by Danube, another residential project by Danube Properties. Market participants view such transactions as indicative of sustained interest from high-profile investors and entertainment industry personalities in Dubai’s property market.

Dubai’s residential sector has continued to attract global capital due to factors including tax efficiency, long-term residency incentives, comparatively high rental yields and infrastructure-led urban expansion.

According to market analysts, investor demand has remained particularly strong across mid-premium and premium residential segments in locations supported by integrated infrastructure, retail development and lifestyle amenities.

Danube Properties stated that its residential developments continue to focus on fully furnished formats, customer convenience and flexible payment models aligned with evolving buyer preferences in Dubai’s competitive housing market.

Industry stakeholders indicate that celebrity-led purchases and international investor participation continue to contribute towards Dubai’s positioning as a global residential investment destination, particularly among buyers from India, the Middle East and Europe.

Have something to say? Post your comment