Nisus Finance Makes Largest UAE Investment With ₹536 Crore Deal in Dubai Motor City

New Delhi, December 22, 2025: Nisus Finance Services Company Limited (NiFCO), a listed alternate fund manager and urban infrastructure investment house, has made its largest investment in the UAE to date, committing INR 536 crore ($59.8 million) to Lootah Avenue, a completed residential building in Dubai Motor City. The investment covers the acquisition of the asset, transaction expenses and refurbishment.

The transaction has been executed through the Nisus High Yield Growth Fund, a DIFC-based property fund that also operates a feeder structure in GIFT City, enabling Indian investors to participate. The deal represents a significant expansion of Nisus Finance’s international real estate portfolio and deepens its capital deployment in the Middle East.

Completed in 2021, Lootah Avenue is a freehold residential development comprising 273 units, including 110 studios, 110 one-bedroom apartments and 44 two-bedroom apartments, along with a medical center and eight retail outlets. The building rises over two basements, a ground floor, 23 residential floors and a rooftop, and is located on a plot area of 13,533.09 square meters. The development has a gross floor area of 28,305.72 square meters and a net sellable area of 24,159.51 square meters.

The investment has been structured with participation from global institutional and private investors, with senior financing backed by Emirates NBD Bank. The transaction comes as Dubai’s property market continues to record strong activity. Real estate transactions in the emirate reached INR 15 lakh crore ($170 billion) during the first 11 months of 2025, driven largely by residential demand and sustained interest from regional and global investors.

Commenting on the investment, Amit Goenka, Chairman and Managing Director, Nisus Finance Group, said: “This transaction represents our largest commitment in the UAE and reflects growing institutional confidence in Dubai’s residential market. Our focus remains on completed, income-generating assets in established communities where demand is resilient and long-term fundamentals are strong. Motor City fits this profile well, supported by stable occupancy and consistent pricing dynamics.”

Dubai Motor City has emerged as one of the strongest residential micro-markets, with apartment resale volumes rising from 60 transactions in 2020 to over 650 in 2025, alongside average year-on-year price growth of around 65 per cent over recent years, outperforming the wider Dubai market and signaling sustained demand and liquidity.

The acquisition more than doubles the combined value of Nisus Finance’s existing UAE investments and underscores the Group’s strategy of scaling its international presence through asset-backed real estate opportunities. Over the past year, the firm has seen increased participation from institutional investors and global capital, contributing to growth in assets under management.

Nisus Finance’s UAE strategy centres on investing in ready residential assets, as demand for completed properties continues to outpace new supply in several mature communities. Market participants note that steady resale activity and constrained upcoming inventory are supporting asset values across such locations.

Nisus Finance brings more than a decade of experience in urban infrastructure financing and private capital market transactions and continues to expand its footprint across international real estate markets through structured investment strategies.