Nisus Finance Services Company Limited (NIFCO) has acquired Lootah Avenue, a residential building situated in Dubai Motor City, with an investment outlay of $60 million (Dh220.76 million) covering the cost of acquisition, transaction expenses, and refurbishment.
The investment has been made through the Nisus High Yield Growth Fund, based in the Dubai International Financial Centre (DIFC). The fund also operates a feeder structure in GIFT City, enabling Indian investors to participate in the opportunity.
Completed in 2021, Lootah Avenue is a fully occupied freehold development comprising 273 units, including 110 studios, 110 one-bedroom apartments, and 44 two-bedroom apartments, along with a medical center and eight retail outlets. The project rises to 2B+G+23+1R floors on a 13,533.09 sqm plot, with a Gross Floor Area (GFA) of 28,305.72 square meters and a Net Sellable Area of 24,159.51 square meters.
The investment is anchored by Nisus Finance, in partnership with global institutional funds, and backed by Emirates NBD. The investment comes as Dubai’s property market continues its record-breaking momentum in 2025, with real estate transactions reaching $190 million (AED 624.1 billion) during the first 11 months of the year, driven by rising off-plan sales and strong investor confidence.
This transaction marks Nisus Finance’s largest investment in the UAE to date, with the deal size more than double the combined value of the fund’s existing UAE portfolio. The fund has attracted strong participation from leading institutional fund managers and global investors, alongside several family offices and UHNI individuals from the GCC and India, contributing to the expansion of its international capital base and supporting the growth of its assets under management over the past 15 months.
Amit Goenka Chairman and MD Nisus Finance Group
“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.”
In the UAE real estate market, demand has consistently outpaced supply over recent years, a trend expected to continue. Nisus Finance’s investment strategy focuses on bridging this gap by investing in ready, income-generating rental assets with 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 added.
Nisus Finance leverages over a decade of experience, utilizing local market expertise and proprietary data to capitalize on emerging trends and consistently deliver strong, risk-adjusted returns.
Nisus Finance specializes in urban infrastructure financing and private capital market transactions. The company, along with its subsidiaries and associates, focuses on two core areas: Fund & Asset Management and Transaction Advisory Services. With over a decade of experience in India, Nisus manages $212.6 million (INR 19.06 billion) in assets as of the first half of the financial year 2026.
