Nisus Invests Rs 5.36 Billion In Dubai Housing Asset
Real Estate

Nisus Invests Rs 5.36 Billion In Dubai Housing Asset

Nisus Finance Services Company Limited (NiFCO) on December 23 announced an investment of over Rs 5.36 billion to acquire and refurbish a completed residential asset in Dubai’s Motor City, marking a significant expansion of its international real estate portfolio.

The transaction has been executed through the Nisus High Yield Growth Fund, a Dubai International Financial Centre-based property fund with a feeder structure in GIFT City, allowing Indian investors to participate. Nisus said the investment deepens its capital deployment in the Middle East and strengthens its presence in overseas real estate markets.

The acquired asset, Lootah Avenue, was completed in 2021 and is a freehold residential development comprising 273 units, including studio, one-bedroom and two-bedroom apartments. The project also includes a medical centre and eight retail outlets. It spans two basement levels, a ground floor, 23 residential floors and a rooftop, with a net saleable area exceeding 24,000 square metres.

Amit Goenka, Chairman and Managing Director of Nisus Finance Group, said the transaction represents the company’s largest commitment in the UAE and reflects growing institutional confidence in Dubai’s residential market. He added that the firm remains focused on completed, income-generating assets in established communities with resilient demand and strong long-term fundamentals, noting that Motor City fits this profile well.

The acquisition has been supported by senior financing from Emirates NBD Bank and includes participation from global institutional and private investors. Nisus said the deal more than doubles the combined value of its existing UAE investments, underscoring its strategy to scale up asset-backed real estate exposure in international markets.

The investment comes amid strong momentum in Dubai’s property sector, with real estate transactions in the emirate reaching around Rs 15 trillion in the first 11 months of 2025, driven largely by residential sales and sustained interest from regional and global investors.

Motor City, one of Dubai’s prominent residential micro-markets, has recorded average price growth of about 65 per cent year-on-year in recent years, outperforming the broader market. Nisus said its UAE strategy is centred on ready residential assets, where demand for completed properties continues to outpace new supply, offering predictable cash flows and potential capital appreciation.

Nisus Finance Services Company Limited (NiFCO) on December 23 announced an investment of over Rs 5.36 billion to acquire and refurbish a completed residential asset in Dubai’s Motor City, marking a significant expansion of its international real estate portfolio. The transaction has been executed through the Nisus High Yield Growth Fund, a Dubai International Financial Centre-based property fund with a feeder structure in GIFT City, allowing Indian investors to participate. Nisus said the investment deepens its capital deployment in the Middle East and strengthens its presence in overseas real estate markets. The acquired asset, Lootah Avenue, was completed in 2021 and is a freehold residential development comprising 273 units, including studio, one-bedroom and two-bedroom apartments. The project also includes a medical centre and eight retail outlets. It spans two basement levels, a ground floor, 23 residential floors and a rooftop, with a net saleable area exceeding 24,000 square metres. Amit Goenka, Chairman and Managing Director of Nisus Finance Group, said the transaction represents the company’s largest commitment in the UAE and reflects growing institutional confidence in Dubai’s residential market. He added that the firm remains focused on completed, income-generating assets in established communities with resilient demand and strong long-term fundamentals, noting that Motor City fits this profile well. The acquisition has been supported by senior financing from Emirates NBD Bank and includes participation from global institutional and private investors. Nisus said the deal more than doubles the combined value of its existing UAE investments, underscoring its strategy to scale up asset-backed real estate exposure in international markets. The investment comes amid strong momentum in Dubai’s property sector, with real estate transactions in the emirate reaching around Rs 15 trillion in the first 11 months of 2025, driven largely by residential sales and sustained interest from regional and global investors. Motor City, one of Dubai’s prominent residential micro-markets, has recorded average price growth of about 65 per cent year-on-year in recent years, outperforming the broader market. Nisus said its UAE strategy is centred on ready residential assets, where demand for completed properties continues to outpace new supply, offering predictable cash flows and potential capital appreciation.

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