Nisus Finance Investment Consultancy FZCO (NiFCO Dubai), a wholly-owned subsidiary of Nisus Finance Services Co, has entered into a strategic partnership with UAE-based developer BNW Developments to develop a residential project in Jumeirah Village Circle (JVC). The collaboration aims to combine capital deployment expertise with on-ground project management and marketing experience to enhance the real estate experience for investors and end-users.
NiFCO Dubai has launched the Nisus High Yield Growth Fund Closed-Ended IC, a Dubai International Financial Centre (DIFC)-registered property fund. The fund, structured as an incorporated cell of Gateway ICC and managed by Gateway Investment Management Services (DIFC), acquired a premium residential building in District 18 of JVC. The property, named Esplora, covers approximately 120,000 square feet across G+3P+16 floors and includes 143 residential units and three retail outlets. The apartments are distributed as 48 studios, 63 one-bedroom units, and 32 two-bedroom units.
As part of the partnership, BNW Developments and NiFCO Holding 02 Ltd have incorporated a new entity called BNW NiFCO Buying and Selling Real Estate LLC. This entity will manage the development, marketing, and sale of the Esplora residential tower, bringing together regulated financial discipline from NiFCO and BNW’s expertise in project execution and sales. This structure is intended to optimize returns for investors while ensuring timely delivery and professional marketing of the property.
The partnership introduces a consumer-focused model in the UAE real estate sector. The approach emphasizes move-in-ready homes that provide immediate value to middle-income families. It marks a shift from the traditional off-plan model by prioritizing completed, well-maintained properties. The model is designed to scale, supporting Nisus Finance’s broader real estate vision, which anticipates additional projects that could cumulatively reach US$1 billion in value.
Amit Goenka, CMD of Nisus Finance Group (NiFCO), highlighted that the partnership provides a roadmap to accelerate growth in the real estate sector by injecting capital and enabling developers to focus on construction and delivery. He stated that the collaboration will facilitate faster sales and support broader economic activity in Dubai.
Ankur Aggarwal, Founder and Chairman of BNW Developments, said the partnership ensures a reliable capital source for the real estate sector and allows BNW to leverage its expertise in marketing and sales to achieve strong uptake of the projects. Dr. Vivek Anand Oberoi, MD and co-founder of BNW Developments, added that the company has been pioneering innovative approaches in development partnerships, finance, and investment, which are reshaping the real estate financing landscape in the UAE.
The Esplora project reflects a combination of international capital and localized project management aimed at delivering residential units efficiently to the market. By integrating financial oversight, marketing expertise, and project execution, the partnership seeks to provide high-quality housing options for the mid-income segment while supporting investor returns.
This collaboration represents a new model for residential development in Dubai, combining capital deployment and professional management with a focus on move-in-ready units, signaling a potential shift in how the real estate sector addresses demand for completed, market-ready properties.
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