In a remarkable display of ambition and foresight, India-based alternative investment manager Nisus Finance has boldly etched its name into Dubai’s illustrious skyline by securing its largest investment in the UAE to date—an impressive commitment of $59.8 million (INR 536 crore) dedicated to the acquisition of a meticulously crafted residential asset within the vibrant enclave of Dubai Motor City.
This significant investment, executed with precision through the esteemed Nisus High Yield Growth Fund, encapsulates the purchase and refurbishment of Lootah Avenue, a freehold residential development that gracefully opened its doors in 2021. The fund, based in the heart of Dubai’s International Financial Centre (DIFC), further extends its reach via an innovative feeder structure nestled within GIFT City, skillfully enabling Indian investors to partake in the alluring realm of overseas real estate opportunities.
Enchantingly designed, Lootah Avenue unveils a symphony of living spaces, comprising 273 residential units, which include 110 stylish studios, a harmonious balance of 110 one-bedroom apartments, and an exquisite selection of 44 two-bedroom residences. Accompanying these luxurious accommodations is a state-of-the-art medical centre and eight bespoke retail outlets, all within a structure that rises majestically over two basement levels, a ground floor, and 23 residential floors, culminating in a breathtaking rooftop panorama that encompasses more than 24,000 square metres of net sellable area.
A Landmark Investment: India’s Most Ambitious Dubai Acquisition
The transaction has been artfully orchestrated, embracing the participation of discerning global institutional and private investors, with senior financing seamlessly provided by Emirates NBD. This acquisition epitomizes Nisus Finance’s strategic focus on acquiring completed, income-generating residential assets nestled within established and thriving communities—a testament to their vision for sustainable growth.
“This transaction represents our largest commitment in the UAE and reflects growing institutional confidence in Dubai’s residential market,” articulated Amit Goenka, Chairman and Managing Director of Nisus Finance Group. “Our unwavering focus remains on completed, income-generating assets in locations characterized by resilient demand and robust long-term fundamentals.”
Dubai Motor City, with its effervescent charm, has rapidly emerged as one of the emirate’s most compelling residential micro-markets. A striking transformation is underway, exemplified by a surge in apartment resales from approximately 60 transactions in 2020 to over 650 in 2025. This vibrant area has witnessed a staggering average price increase of around 65 percent in recent years, far outpacing the wider Dubai market—a reflection of both desirability and value.
This investment arrives in an era of unprecedented momentum for Dubai’s property sector, with real estate transactions soaring to an astounding $170 billion during the first eleven months of 2025. This robust activity is propelled by relentless residential demand and an ever-growing interest from regional and global investors, solidifying the emirate’s reputation as a sanctuary of luxury and opportunity.