Posted Thu, August 7, 2014 10:42am IST

The Happy New Year actor and his wife launch their upscale housing project in Dubai

Shah Rukh Khan is known to have special fondness for Dubai. Apart from owning his own mansion in the middle-eastern paradise Shah Rukh Khan has invested in other projects and properties as well.

Recently, he launched his new Royal Estates by Shah Rukh Khan project in Madinat Jumeirah, Dubai.

The project is worth 2.3 billion and it involves building a 2.3 million-square-foot gated community in Dubai Investments Park.

At the launch several esteemed guests from India, Pakistan, Canada and the UK were present. SRK‘s wifey Gauri Khan will design the home decor for the town houses.

SRK’s close friend and Los Angeles-based architect, Tony Ashai will be designing the entire project.