Nisus Finance Expands UAE Footprint with Rs 2470 mn Investment
Real Estate

Nisus Finance Expands UAE Footprint with Rs 2470 mn Investment

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.

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.

Next Story
Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement