The film, which got delayed due to Shah Rukh Khan's shoulder injury, while shooting for Rohit Shetty's Chennai Express, will now commence shooting in September.
In fact the entire team will fly down to Dubai next week for a recce of one of the city's most lavish resorts where some of the pivotal scenes of Happy New Year will be shot.
The film also features Abhishek Bachchan and Boman Irani in lead roles.
While the lead actress for the film has not been finalised, Malayalam superstar Prithviraj Sukumaran is likely to share screen space alongside Shah Rukh Khan.
Prithviraj was last seen in Yash Raj Film's Aurangzeb.
The movie revolves around a bunch of male friends and how situation forces them to participate in a dance competition.