Nothing has been sold to Texture, its just another brand they have added to the growing list, Aristocrat Star, PAL Developments , Pacific Ventures, now Texture.
If you download the latest brochure from Textures website, you will find a disclaimer at the bottom of page 24 , which clearly states:
Royal Estates is not owned nor developed by Shah Rukh Khan or any of his affiliates. Aristocrat Star Real Estate Developments LLC , is the owner and developer of the project........
As I understand it Aristocrat has been the developer from day one...2006? The project has been of a pretty similar design for almost ten years...the only thing that hasn't happened in that period is that the project itself hasn't actually been built.
Earlier this year, there was the following announcement: Aristocrat Star Investment awarded a Dh600 million construction contract yesterday to Power Line Gulf Construction for the Dh5 billion Royal Estates project. That's a pretty significant project for a company that doesn't seem to have done anything before, and appears not even to have a website?