Nisus Finance Services Company (NiFCO) has announced its largest investment in the United Arab Emirates to date, committing approximately ₹536 crore (around $59.8 million) to Lootah Avenue, a fully developed residential project in Dubai Motor City. This substantial investment encompasses not only the purchase of the asset but also transaction costs and refurbishment efforts.

Nisus’ Strategic Investment

The transaction was facilitated through the Nisus High Yield Growth Fund, which is based in the Dubai International Financial Centre (DIFC) and includes a feeder structure in GIFT City, allowing Indian investors to participate. This deal marks a significant expansion of Nisus Finance’s international real estate portfolio and reflects a strategic deepening of its investments in the Middle East.

Completed in 2021, Lootah Avenue is a freehold residential development featuring 273 units, which includes 110 studios, 110 one-bedroom apartments, and 44 two-bedroom apartments, alongside additional amenities like a medical center and eight retail outlets. The building features two basement levels, a ground floor, 23 residential floors, and a rooftop, all situated on a site covering 13,533.09 square meters. With a gross floor area of 28,305.72 square meters and a net sellable area of 24,159.51 square meters, it stands out as a prominent residential option in the area.

Market Dynamics

This significant investment comes at a time when Dubai’s property sector is witnessing robust activity. Real estate transactions in the emirate soared to approximately ₹15 lakh crore ($170 billion) in the first 11 months of 2025, largely fueled by strong residential demand and sustained interest from both regional and international investors.

Amit Goenka, the Chief Managing Director of Nisus Finance Group, emphasized that this acquisition represents their largest commitment in the UAE to date, illustrating growing institutional confidence in Dubai’s residential market. “Our focus remains on fully completed, income-generating properties located in established neighborhoods where demand is not only resilient but also supported by solid long-term fundamentals,” said Goenka. He highlighted that Motor City fits this description well, noting its stable occupancy rate and favorable pricing trends. Additionally, the neighborhood has witnessed a significant increase in apartment resale transactions, soaring from just 60 in 2020 to over 650 in 2025.

Future Growth Prospects

This latest acquisition significantly boosts the value of Nisus Finance’s existing UAE investments, aligning with the company’s strategy to enhance its international presence through asset-backed real estate opportunities. Over the past year, the company has attracted more interest from institutional investors and global capital, leading to growth in managed assets.

Nisus Finance’s approach in the UAE focuses on investing in ready-to-move-in residential properties, responding to the growing demand for completed homes that outstrip new supply in various mature communities. Market observers have noted that consistent resale activity and limited upcoming inventory are keeping asset values buoyant in these areas. With over a decade of experience in urban infrastructure financing and private capital market transactions, Nisus Finance continues to broaden its international reach through well-structured investment strategies in real estate markets.