Nisus Finance Services Company Limited (NiFCO) has announced a major real estate investment in Dubai with the acquisition of Lootah Avenue, a residential building located in Motor City. The total investment value stands at AED 220.76 million, covering acquisition costs, transaction expenses, and refurbishment.
The deal marks Nisus Finance’s largest investment in the UAE to date and underscores growing institutional confidence in Dubai’s residential real estate market.
Details of the Lootah Avenue Acquisition
Completed in 2021, Lootah Avenue is a fully occupied freehold development spread across a 13,533.09 square metre plot. The project comprises 273 residential units, including 110 studios, 110 one-bedroom apartments, and 44 two-bedroom apartments. It also features a medical centre and eight retail outlets.
The building rises to 2 basements, a ground floor, 23 residential floors, and a rooftop level. It offers a Gross Floor Area of 28,305.72 square metres and a Net Sellable Area of 24,159.51 square metres, positioning it as a stable, income-generating asset within an established residential community.
Investment Structure and Institutional Backing
The acquisition was made through the Nisus High Yield Growth Fund, a DIFC-based property fund that also operates a feeder structure in GIFT City, allowing Indian investors to participate. The investment is anchored by Nisus Finance in partnership with global institutional funds and is backed by Emirates NBD.
The transaction comes at a time when Dubai’s real estate sector is experiencing unprecedented momentum, with total property transactions reaching AED 624.1 billion in the first 11 months of 2025. Strong off-plan activity and sustained investor demand have been key drivers of this growth.
Leadership Commentary on Market Confidence
“The deal reflects growing institutional investor confidence in Dubai’s property market. It also demonstrates our ability to deliver tangible investment value through superior asset selection, structured transactions, and the highest standards of governance under DIFC regulation. We remain committed to the investor community that has placed its trust in us,” said Amit Goenka, Chairman and Managing Director of Nisus Finance Group (NiFCO).
“Motor City has emerged as one of the key residential and commercial micro-markets in Dubai, demonstrating stronger year-on-year price growth than the broader market, which indicates robust capital movement in the area,” he added.
Strategic Significance for Nisus Finance
This transaction is more than double the combined value of Nisus Finance’s existing UAE portfolio. The fund has attracted participation from leading institutional fund managers, global investors, family offices, and UHNI individuals from the GCC and India, supporting the expansion of its international capital base and assets under management over the past 15 months.
The deal highlights Nisus Finance’s ability to partner with marquee investors and reinforces its ambition to build a trusted and scalable investment platform in the region.
Focus on Ready, Income-Generating Assets
Dubai’s real estate market continues to experience demand that outpaces supply, particularly in established residential communities. Nisus Finance’s strategy is centred on acquiring ready, rental-yielding assets that offer modern amenities and strong tenant appeal.
“We are playing a pivotal role in meeting the demand of end-user buyers and investors who are looking to invest in real estate beyond off-plan projects, thus providing a more secure and risk-mitigated investment option. The trend reflects steady end-user demand and renewed investor interest, particularly for established and well-maintained communities. Constrained new project launches and a limited pipeline of upcoming supply continue to support existing property values,” Amit Goenka says.
Resale Market Strength and Long-Term Outlook
“Resale transactions have shown steady growth, indicating consistent buyer interest in existing properties. Wider buyer participation from both individual end users and smaller landlords highlights the area’s broad market appeal. The trend points to sustained confidence in the area’s liveability, supported by mature amenities and a stable resident profile.”
By leveraging over a decade of market experience, Nisus Finance uses local expertise and proprietary data to identify emerging opportunities and deliver strong, risk-adjusted returns.
Nisus Finance Services Co. Ltd. (NiFCO) is a publicly listed real estate investment firm headquartered in India, specialising in urban infrastructure financing and private capital market transactions. The company focuses on fund and asset management as well as transaction advisory services and manages assets worth INR 19.06 billion as of H1 FY 2026.
As part of its global expansion strategy, NiFCO has extended its presence across Southeast Asia, Europe, and the Middle East. In the UAE, it operates through the DIFC-registered Nisus High Yield Growth Fund, a closed-ended qualified investor fund advised by Nisus Finance Investment Consultancy FZCO, with Gateway Investment Management Services (DIFC) Limited appointed as fund manager.
