Nisus Finance has expanded its United Arab Emirates real estate portfolio with an investment of Rs 2470 million (mn) in residential apartments at Majan, Dubai, made through the Nisus High Yield Growth Fund. The transaction reinforces the fund's focus on urban residential assets in fast-growing emirate markets.

With this transaction the fund's total deployment in the UAE has crossed USD 145 million (mn), equivalent to 530 million (mn) AED, and forms part of a planned USD 500 million deployment with global institutions and family offices. The investment follows a December acquisition of Lootah Avenue at Dubai Motor City for Rs 5450 million (mn), illustrating rapid deployment under the same strategy.

The Majan investment is reported to be anchored by a Grade A newly developed asset that is fully occupied and offers modern amenities together with a balanced mix of studio, one and two bedroom residences and uninterrupted views towards Al Barari. Company leadership has indicated that disciplined asset selection, structured execution and robust governance under the Dubai International Financial Centre regulatory framework underpin investor confidence and the fund's capacity to attract institutional fund managers, family offices and ultra high net worth investors across the Gulf Cooperation Council and India.

Majan is described as a mixed use community of about one and a half square kilometres positioned along Sheikh Mohammed Bin Zayed Road with convenient access to Downtown Dubai and Dubai International Airport. Around 32 per cent of land is allocated to residential use, 44 per cent to retail and commercial activities and 24 per cent to leisure and cultural facilities, while competitive rental rates and proximity to local services have supported steady occupancy and end user appeal.