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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code