
Fardeen Khan has become the latest Bollywood star after Shah Rukh Khan to lend his name to a real estate project in the UAE.
The actor at a ceremony in neighbouring emirate of Ajman to introduce the exclusive unveiling of the 8216;Crescent Star8217; project, a 33-storey apartment hotel, said 8216;I am delighted to be involved in such an exciting project.8217;
8216;Whenever I feel to take a break from films, I find Ajman, the perfect location to relax and take time out of the hectic schedule,8217; Khan said.
The 8216;Crescent Star8217; project, located inside Marmooka City, is 30 minutes away from Dubai Airport.
Saeed Currimjee, the managing partner of Al Jabal Real Estate said: 8216;This is the first development where investors can literally earn by the day in the hotel sector and not be subject to the real estate market fluctuations. There is a shortage of hotel rooms in the UAE and average room rate of USD 283 in Dubai is among the highest in the world.8217;
Super star Shah Rukh Khan recently teamed up with a UAE-based real estate firm to launch a USD 2.17 billion signature beachfront residential project in the gulf country.