Nisus Finance Services Co Invests Rs 247 Crore in Dubai Real Estate Project
Nisus Finance Services Co announced a strategic investment of INR 247 crore in residential apartments at Majan, Dubai, through its High Yield Growth Fund. This marks the company's fourth UAE real estate investment, bringing total fund deployment to over USD 145 million as part of a planned USD 500 million initiative in partnership with global institutions and family offices.

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Nisus Finance Services Co has made a substantial investment of INR 247 crore (AED 100 million) in residential apartments at Majan, Dubai, marking its fourth investment under the company's UAE real estate fund. The investment was executed through the Nisus High Yield Growth Fund and represents a significant expansion of the company's presence in the UAE market.
Investment Details and Regulatory Disclosure
The company announced this strategic investment through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The investment highlights several key parameters:
| Parameter: | Details |
|---|---|
| Investment Amount: | INR 247 crore (AED 100 million) |
| Investment Vehicle: | Nisus High Yield Growth Fund |
| Project Location: | Majan, Dubai |
| Asset Type: | Residential apartments |
| Total UAE Investment: | Over USD 145 million |
| Planned Initiative: | USD 500 million funding |
Strategic Portfolio Expansion
With this latest transaction, Nisus Finance Services Co's total investment in UAE real estate through the fund has crossed USD 145 million. This milestone comes just two months after the company's acquisition of Lootah Avenue at Dubai Motor City for INR 545 crore. The investment is part of Nisus Finance's planned USD 500 million fund deployment in partnership with global institutions and family offices, dedicated to the UAE real estate market.
Management Commentary
Dr. Amit Goenka, Chairman & Managing Director of Nisus Finance, highlighted the investment's strategic value: "Majan represents a compelling opportunity within Dubai's evolving residential landscape. The investment is anchored by a Grade A, newly developed asset, fully occupied with a strong tenant profile and attractive rental yields, and offering uninterrupted views facing Al Barari."
Mr. Amit Kumar Jhunjhunwala, Director & Chief Investment Officer, emphasized the fund's momentum: "This investment marks the fourth residential real estate deployment in the UAE, further strengthening our presence in the country and taking the total investment outlay by the Nisus High Yield Growth Fund within a remarkably short timeframe."
Project and Market Overview
Majan is strategically positioned as a mixed-use community in Dubai Land, covering approximately 1.45 square kilometers along Sheikh Mohammed Bin Zayed Road. The development offers convenient access to Downtown Dubai, Business Bay, and Dubai International Airport. The project features modern amenities and a well-balanced mix of studio, one- and two-bedroom residences, appealing to families and working professionals seeking value and connectivity.
Dubai's real estate market achieved a historic milestone with total transactions exceeding AED 917 billion (USD 250 billion) across 3.11 million deals, representing a 7.00% increase in volume driven by a 24.00% rise in the number of investors to 193,100, according to the Dubai Land Department.
Historical Stock Returns for Nisus Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.61% | -8.84% | -1.67% | -26.15% | -38.72% | +12.19% |


































