Nisus Finance Acquires Residential Property in Dubai Motor City for ₹536 Crore

• ₹536 crore investment through DIFC-based Nisus High Yield Growth Fund

• Freehold residential project with 273 units in Dubai Motor City

• Deal backed by Emirates NBD amid strong Dubai housing demand

Dubai: Nisus Finance Services Company Limited (NiFCO) has strengthened its presence in the Middle East by acquiring a completed residential property in Dubai’s Motor City for over ₹536 crore ($59.8 million). The investment, announced on December 23, includes plans to refurbish the asset and enhance long-term rental yields.

The transaction was executed through the Nisus High Yield Growth Fund, a DIFC-based property fund with a feeder structure in GIFT City, allowing Indian investors to participate in offshore real estate opportunities. According to the company, this acquisition significantly expands Nisus Finance’s international real estate portfolio and more than doubles the value of its existing UAE investments.

The acquired asset, Lootah Avenue, was completed in 2021 and is a freehold residential development comprising 273 units, including studio, one-bedroom, and two-bedroom apartments. The project also includes a medical centre and eight retail outlets, offering a mixed-use residential environment. Spread across two basement levels, a ground floor, 23 residential floors, and a rooftop, the development has a net saleable area exceeding 24,000 square metres.

Amit Goenka, Chairman and Managing Director of Nisus Finance Group, said the acquisition represents the company’s largest commitment in the UAE to date. He noted that the firm remains focused on completed, income-generating assets in well-established communities where demand remains stable and long-term growth prospects are strong. According to him, Motor City aligns well with this strategy.

The deal is supported by senior financing from Emirates NBD Bank and has drawn participation from global institutional and private investors. Nisus Finance said this reflects growing institutional confidence in Dubai’s residential market.

The investment comes amid strong momentum in Dubai real estate, with transactions reaching nearly ₹15 lakh crore ($170 billion) in the first 11 months of 2025, largely driven by residential sales and sustained interest from international buyers.

Motor City has emerged as one of Dubai’s better-performing residential micro-markets, recording an average 65% year-on-year price growth in recent years, outperforming the broader market. Nisus Finance said its UAE strategy prioritises ready residential assets, as demand for completed homes continues to exceed new supply, offering a mix of predictable rental income and long-term capital appreciation.