Nisus Finance Invests Rs 536 Cr in Dubai’s Lootah Avenue to Expand Global Real Estate Portfolio
Executed through the Nisus High Yield Growth Fund, a DIFC-based property fund with a feeder structure in GIFT City, the deal enables Indian investors to participate in global real estate opportunities. It also marks a major expansion of Nisus Finance’s presence in the Middle East.
Lootah Avenue, completed in 2021, is a freehold residential tower featuring 273 units: 110 studios, 110 one-bedroom apartments and 44 two-bedroom units, along with a medical centre and eight retail outlets. The building spans two basements, a ground level, 23 residential floors and a rooftop, with a plot area of 13,533 sq. m., a gross floor area of 28,305.72 sq. m., and a net sellable area of 24,159.51 sq. m.
The investment is backed by global institutional and private investors, with senior financing provided by Emirates NBD Bank. It comes at a time when Dubai’s property market is witnessing record momentum, with real estate transactions touching INR 15 lakh crore (USD 170 billion) in the first 11 months of 2025, driven by strong residential demand and rising investor interest.
Amit Goenka, Chairman and Managing Director, Nisus Finance Group, said, “This transaction represents our largest commitment in the UAE and reflects growing institutional confidence in Dubai’s residential market. Our focus remains on completed, income-generating assets in established communities where demand is resilient and long-term fundamentals are strong. Motor City fits this profile well, supported by stable occupancy and consistent pricing dynamics.”
Dubai Motor City has emerged as one of the strongest residential micro-markets, with apartment resale volumes rising from 60 transactions in 2020 to over 650 in 2025, alongside average year-on-year price growth of around 65% over recent years, outperforming the wider Dubai market and signaling sustained demand and liquidity.
Published on:
23 December 2025
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