Nisus Finance Services Company Limited (NiFCO), one of India's leading diversified financial services companies and specializes in real estate serviceshas invested more than ₹536 crore (approximately $59.8 million) in acquiring and then upcycling an existing completed residential project in Dubai’s Motor City. The investment is the biggest ever in the UAE’s real estate market by the Nisus Finance group. The acquisition highlights the increasing interest in Dubai’s residential market from the investment and real estate sectors.
The transaction was carried out via the Nisus High Yield Growth Fund, which is a property sector fund incorporated in the Dubai International Financial Centre, DIFC. The fund also manages a feeder fund in GIFT City, India, which allows Indian investors to invest in international property ventures. According to the firm, the feeder fund structure is responsible for attracting both local and foreign investment.
The acquired asset, Lootah Avenue is a residential freehold development completed in 2021, comprising a total of 273 residential units, studios, one-bedroom, and two-bedroom units. In addition, to the total number of residential units, the development also comprises a medical facility and eight retail shops to make the development attractive to occupation as a mixed community development. Two levels of basement parking, one floor at the basement, one floor at the ground floor, and 23 floors allocated to the residential aspect; having a total net saleable area of over 24,200 sqm.
Nisus Finance will upgrade the property to make it more attractive to tenants. This firm continues to apply its core focus on properties that are completed and earning rental income in established neighborhoods.
The transaction marks Nisus Finance Group’s largest commitment in the UAE, reflecting growing institutional confidence in Dubai’s residential market, said Amit Goenka, Chairman and Managing Director, Nisus Finance Group, adding that the focus remains on completed, income-generating assets in established communities such as Motor City.
This transaction has been facilitated by senior debt financing provided by Emirates NBD Bank, which happens to be one of the major finance units in the UAE. This transaction has also attracted contributions from global institutional investors as well as private capital. According to comments made by Nisus Finance, the transaction has resulted in more than double the total value of its existing real estate investments within the UAE.
Dubai's real estate sector has continued to make positive and encouraging progress during 2025. Residential sales have contributed significantly to the rising market value with estimated sales totaling around ₹15 lakh crores ($170 billion) for the first eleven months of 2025 in the emirate. The continued demand from local and foreign buyers and high Net PCs has been contributing to supporting prices and sales in desirable areas for residential properties.
Motor City, for instance, has been one of the relatively better-performing micro-markets in Dubai. The average price levels in this region are claimed to have appreciated by approximately 65% over the previous year, thereby outperforming the Dubai market substantially. This well-organized region offers a family-friendly atmosphere and is close to the prime business centers, thereby making it extremely attractive to both end-users and investors.
Nisus Finance said that "the UAE investment strategy is to target ready residential properties in sectors that have stable occupancy levels and strong underlying rent-driven demand." This targets properties that are either already completed and operational, as opposed to those that are still under development. These latter properties naturally pose greater risk and take longer to deliver.
The current investment follows a growing momentum of interest from Indian real estate firms and financial investors, especially over the UAE. Dubai remains a hot destination for foreign investment due to investor-friendly policies and economic fundamentals, and this has also positioned firms like Nisus Finance to take advantage of the continued residential growth in Dubai.
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