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Mid East Info
a day ago
- Business
- Mid East Info
Nisus Finance invests Dh183 million in two properties, considers Dh669 million more investment in Dubai's real estate
Nisus announces stellar growth with a 55 percent jump in Assets Under Management surpassing IN₹15.72 billion as revenue growing 56 per cent in financial year ending March 31, 2025 Nisus Finance Investment Consultancy FZCO NiFCO Dubai, a fully-owned subsidiary of Nisus Finance Services Company Limited (NIFCO), announced the investment of Dh183 million in two properties in Dubai while it is currently actively evaluating investment to the tune of Dh669 million in new properties. The company is looking forward to a four-fold growth in its Assets Under Management AUM that jumped 55 percent to IN₹15.72 billion US$183.85 million in the financial year ending March 31, 2025, from IN₹10.12 billion US$118.35 million in FY2024. Around 29 percent or IN₹4.55 billion US$53.21 million of the AUM came from its operations in the UAE. NiFCO has also engaged M/S Houlihan Lokey to raise global capital for the UAE and India funds, while it has sanctioned US$68 million Dh250 million for investment in Dubai. It is in advanced discussions for a further US$200 million (Dh730 million) credit limit to deploy in the UAE's high-growth real estate market that will fuel the sector's growth. In addition, NiFCO is in advance stage of discussions on the deployment of a further US$200 million Dh730 million from two prominent global funds. These funds, once deployed, will increase the company's investment by US$468 million Dh1.71 billion this year. In 2024, NIFCO Dubai invested a total of Dh183.35 million including Dh93.85 million IN₹2.3 billion in a project located at the Jumeirah Village Circle (JVC) while it invested a further Dh89.5 million (IN₹2.15 billion) in a property in Furjan Dubai. 'We have already invested Dh183 million in two residential properties in Dubai and are actively evaluating Dh669 million (IN₹15.55 billion) in investments across residential and commercial projects in prime Dubai locations like JVC, Al Barsha, Sports City, and DIP. These strategic moves aim to unlock high-yield opportunities and fuel strong growth,' Amit Goenka, Chairman and Managing Director of Nisus Finance Group NiFCO, says. 'We are currently looking at bigger and more lucrative opportunities in the UAE and the GCC where the opportunities are growing and we want our investor community to benefit from these opportunities.' Nisus Finance meanwhile, reported a 35.5 per cent year-on-year growth in profit after tax reaching IN₹325.8 million (US$3.81 million) in the financial year ending March 31, 2025, compared to IN₹240.5 million (US$2.81 million) recorded in FY2024, on IN₹673 million (US$7.87 million) revenue which jumped 65 percent, compared to IN₹430.4 million (US$5.03 million) recorded in the previous year, due to strong growth in its UAE business carried out through its UAE subsidiary Nisus Finance Investment Consultancy FZCO (NiFCO Dubai). The company's total assets jumped to IN₹1.79 billion (US$20.93 million), up from IN₹491 million (US$5.74 million) in FY2024. The company reported a 42.3 percent Return on Capital Employed (ROCE) while Return on Investment (ROI) reached a healthy 33.3 percent in the last financial year when its Net Worth reached IN₹1.61 billion – reflecting a robust performance. The company's Revenue-to-AUM ratio stood at 4.3 percent while Earnings per Share (EPS) reached IN₹16.31 and Net Asset Value per Share reached IN₹67.31. Nisus Finance last year made some successful marquee exits. It had earlier invested in one of India's first self-redevelopment project in Mumbai. The project, managed by Trilogy Developers, merges two societies into a mixed-use development. Last year, it exited from the project with 21 percent IRR while it also unlocked value with high-yield exit under its Real Estate Special Opportunities Fund (RESO) 1 from a wholly-owned subsidiary of Shapoorji Pallonji Real Estate at 18.74 percent IRR. The company also divested from two projects in Bengaluru, achieving a 19 percent IRR through its Real Estate Credit Opportunities Fund (RECOF) 1. NIFCO also exited from Plotted Development Project Treasure Hills by Treasure Group in Indore with 19 percent IRR. 'Our FY25 performance reflects the strength of our core platform—lean, profitable, and execution-focused. With the IPO success, we are well-positioned to accelerate strategic growth in FY26 and beyond,' Amit Goenka says. 'Robust AUM growth, diversification of revenue base and strengthening of the India and UAE team, enhancing execution and delivery capabilities have been our key growth drivers, supported by targeted expenditure in marketing and brand building during the Initial Public Offering IPO phase, supporting long-term brand equity and visibility have helped us to record such impressive growth.' In India, investments worth IN₹10 billion are under evaluation across high-growth cities like Mumbai, Pune, Bengaluru and Indore covering both performing credit and special situations. The firm aims to drive strong returns and manage risk through strategic market selection and asset diversification. 'In the FY2026, our objective is to achieve IN₹40 billion (US$467.81 million) with total income ranging from IN₹1.2 billion to IN₹1.4 billion (US$16.37 million) while we remain on target to become a global asset manager with US$$1 billion AUM by 2028 through blue ocean strategies to drive multi-dimensional revenue streams by providing investment opportunities across capital stacks,' Amit Goenka says. Nisus leverages a decade of experience, utilising local market expertise and proprietary data to capitalise on emerging trends and consistently deliver superior risk-adjusted returns. NIFCO specialises in urban infrastructure financing and private capital market transactions. The company, along with its subsidiaries and associates, focuses on two main areas: Fund & Asset Management and Transaction Advisory Services. With over a decade of experience in India, Nisus manages IN₹15.72 billion in assets for FY 2025, to deliver gross IRR of more than 19 percent. The Company's RESO fund has been awarded an 'Excellent' rating by Care Edge Advisory, recognising its strong focus on diversified AIF funds and asset management. The company got listed on BSE SME platform on December 11, 2024. About Nisus Finance: Nisus Finance Services Co. Ltd. (NiFCO) is a leading, publicly listed real estate investment firm headquartered in India, with a proven track record of delivering high-yield, performance-driven assets across the country. In line with its global expansion strategy, NiFCO has extended its investor outreach across Southeast Asia, Europe, and the Middle East, bringing its deep sector expertise and innovative financial solutions to the UAE and broader GCC region. As part of this regional growth, NiFCO has launched the 'Nisus High Yield Growth Fund Closed Ended IC' ('Fund'), a DIFC-registered Property Fund and Qualified Investor Fund, incorporated under the laws of the Dubai International Financial Centre (DIFC). The Fund is an incorporated cell of Gateway ICC Limited and is advised by Nisus Finance Investment Consultancy FZCO ('NiFCO Dubai'), located in Dubai, UAE. Gateway Investment Management Services (DIFC) Limited has been appointed as the Fund Manager.
What's On
12-06-2025
- Business
- What's On
Some of the best places to buy property in Dubai in 2025
Dubai's property market is still on the move – just not always in the places you'd expect. As we hit the second half of 2025, investors are zooming out. Downtown is still glossy, sure, but it's the outer communities, solid mid-market spots, and niche formats that are starting to look like the smart play. Here's what's shaping the map – and where to look if you plan to buy property in Dubai in 2025. Dubai South & Dubailand Once considered 'too far,' these neighbourhoods are quickly becoming the ones to beat. Homes here are more spacious, better priced, and close to major infrastructure projects. Think: Expo City, Al Maktoum Airport, and future transit links. Yields? Around 6–7%, which outpaces most central spots. Dubai Hills Estate Popular with families and professionals, villas here are averaging around Dhs10 million – but they come with long-term growth (just over 9% annually) and everything you'd want in a master-planned community. Green, quiet, and livable. Dubai Hills Mall is the main retail hub in the area, offering a wide range of shopping, dining, and entertainment options. In terms of transport, the closest metro station is Mall of the Emirates, about 20 minutes by bus plus a 20-minute walk. There are future plans for a Metro station at Dubai Hills Mall, which would improve direct access to the neighbourhood. Palm Jumeirah & Dubai Marina If you've got the budget, these areas remain favourites for high-net-worth buyers. Palm villas average Dhs25M, while Marina apartments are sitting around Dhs2.3M. Growth's steady, not wild – but it's reliable. Palm Jumeirah isn't served by the Dubai Metro, but the Palm Monorail offers easy (and scenic) access across the island. The main retail and dining hub is Nakheel Mall, which features shops, restaurants, rooftop bars, and high-end dining options. Dubai Marina is well-connected by two Metro stations: Sobha Realty (for the northern end and Marina promenade) and DMCC (for Dubai Marina Mall, The Walk at JBR, and the beach). While Dubai Marina Mall is compact, it covers all the essentials for shopping and dining. Arabian Ranches Prices here rose 13% in late 2024. Villas now average Dhs1.9M, and it's easy to see why – schools, green spaces, and community vibes that actually feel like home. Arabian Ranches is designed for an active, family-friendly lifestyle, with scenic walking and cycling paths throughout the community. A well-connected internal road network links residents to schools, parks, retail, and dining. While there's no direct Metro access, several nearby bus stops provide connections to key areas across Dubai. JVC Prices dipped a little (down 8.3%), but yields are high, and transaction volumes are strong. You're not just getting in cheap – you're getting in early on a neighbourhood with legs. JVC doesn't have a metro station, but the nearest is Mall of the Emirates, with bus routes connecting to and from the community. Circle Mall serves as the main shopping hub, alongside other accessible spots like Mercato Shopping Mall, connected by public transport. Branded residences Think hotel-branded homes or design-linked properties. They're pricey – sometimes 30–40% more – but the demand is global. Most buyers are international, and supply is still tight. Villas still rule, but a plateau may be coming Villas now make up nearly a third of all home sales in Dubai. Demand is still high – especially from families and second-home buyers – but prices have surged up to 25% since 2022. With more supply incoming, expect prices to cool slightly in late 2025. Recap: Where to look next Dubai Hills Estate: Villas around Dhs10M, 9% projected annual appreciation. Arabian Ranches: Strong family appeal, average villa price Dhs1.9M. Palm Jumeirah & Dubai Marina: Luxury homes holding strong. Business Bay: Up 5.9% this year, driven by mixed-use appeal. JVC: One to watch. Prices dipped, but rental yields remain solid. Quick takeaway Dubai's property story for the rest of 2025? Broader, smarter, and a bit more strategic. It's less about the postcode flex – more about future value, better space, and stable returns.
Arabian Business
11-06-2025
- Business
- Arabian Business
10 Hollywood quotes every Dubai real estate investor should live by in 2025
In Dubai's ultra-competitive real estate industry, records are broken and billions of dollars of deals are made every week. Success in the market takes more than hard work—it takes vision, negotiation skill, relentless follow-up, and the confidence to act before the market does. And sometimes, a line from the silver screen says it best. These ten Hollywood quotes aren't just memorable—they're mindset tools. Pulled from cult classics and Oscar winners, each one captures a trait Dubai's top-performing property professionals live by: strategic boldness, calculated risk, unshakable belief, and a refusal to settle for average. Whether you're closing beachfront villas, selling out off-plan towers, or expanding your investment portfolio, let these lines guide your real estate strategy in 2025—and beyond. The Godfather (1972) Quote: 'I'm going to make him an offer he can't refuse.' Who said it: Don Vito Corleone, played by Marlon Brando. How it can help real estate professionals: Negotiation is everything in Dubai's highly competitive real estate landscape. Whether you're closing a multimillion-dollar villa deal on the Palm or helping a client buy into a new off-plan tower in JVC, knowing how to craft an irresistible offer is essential. That means understanding your client's needs, knowing your product inside-out, and identifying what will make your offer stand out. In a city where deals move fast, this mindset helps turn prospects into signings. Field of Dreams (1989) Quote: 'If you build it, he will come.' Who said it: Ray Kinsella, played by Kevin Costner. How it can help real estate professionals: Dubai was built on vision—and its future continues to depend on it. From master-planned communities in Dubai South to niche residential enclaves in Al Jaddaf, belief in a project is the first step to success. Real estate professionals must sell more than property—they must sell a lifestyle, a dream, and a future. Whether you're marketing a new project or advising investors, understanding how to articulate long-term value is what inspires confidence and drives off-plan sales. Glengarry Glen Ross (1992) Quote: 'Always be closing.' Who said it: Blake, played by Alec Baldwin. How it can help real estate professionals: This classic mantra still rings true—especially in Dubai, where competition is fierce and time kills deals. The best agents are those who treat every conversation, showing, and follow-up as a stepping stone toward conversion. That means being proactive, persistent, and performance-driven. From cold leads to warm referrals, the ability to keep deals moving forward—without becoming pushy—marks the difference between average agents and top performers in the UAE's fast-moving property game. Dirty Harry (1971) Quote: 'You've got to ask yourself one question: 'Do I feel lucky?'' Who said it: Harry Callahan, played by Clint Eastwood. How it can help real estate professionals: In Dubai, timing and risk-taking are central to real estate success. Buying before price appreciation, launching in a new area, or investing in emerging trends (like branded residences or fractional ownership) all require a degree of calculated risk. For professionals, the lesson is about confidence and gut instinct. While data and due diligence are essential, sometimes you also have to trust your intuition—and have the courage to take that leap before your competitors do. American Gangster (2007) Quote: 'The loudest one in the room is the weakest one in the room.' Who said it: Frank Lucas, played by Denzel Washington. How it can help real estate professionals: In a city of bold statements and luxury showings, confidence matters—but authenticity wins. Investors are becoming more sophisticated and are less impressed by sales theatre and overpromising. Quiet authority, market knowledge, and genuine insight are more persuasive than hype. In Dubai's relationship-driven market, long-term trust leads to repeat business and referrals. Professionals who lead with integrity and back their claims with data are the ones who build sustainable careers. Wall Street (1987) Quote: 'Greed, for lack of a better word, is good.' Who said it: Gordon Gekko, played by Michael Douglas. How it can help real estate professionals: Ambition fuels growth—and in Dubai's property sector, that means chasing bigger deals, building better networks, and thinking globally. But there's a fine line between ambition and recklessness. Smart greed, as Gekko implies, is about calculated growth: expanding your portfolio, learning new niches like luxury off-plan or commercial leasing, and always asking how to deliver more value. The best players know how to channel their hunger into smart decisions that benefit clients and boost their bottom line. The Social Network (2010) Quote: 'A million dollars isn't cool. You know what's cool? A billion dollars.' Who said it: Sean Parker, played by Justin Timberlake. How it can help real estate professionals: Dubai rewards scale. From super-prime penthouses to master developments, the city's most successful real estate players are those who think big. This quote is a mindset challenge—encouraging professionals to elevate their goals, whether it's by partnering on mega-projects, going international, or building their own investment portfolios. It's not just about chasing commissions. It's about creating lasting influence and wealth by playing the long game. Catch Me If You Can (2002) Quote: 'Two little mice fell in a bucket of cream. The first mouse quickly gave up and drowned. The second mouse, wouldn't quit. He struggled so hard that eventually he churned that cream into butter and crawled out' Who said it: Frank Abagnale Sr., played by Christopher Walken. How it can help real estate professionals: Talent helps—but in Dubai, hustle matters more. Many of the most successful agents and developers didn't start with connections or capital—they started with work ethic. The real estate market here rewards energy, creativity, and perseverance. If you're willing to outwork your peers, show up when others give up, and keep pushing deals through, you'll stand out. Clients trust drive. And when combined with skill, it becomes unstoppable. Jerry Maguire (1996) Quote: 'Show me the money!' Who said it: Rod Tidwell, played by Cuba Gooding Jr. How it can help real estate professionals: This isn't just a famous movie line and one of cinema's most unforgettable negotiation scenes —it's a mindset. In Dubai's high-stakes property market, the same principle applies. Buyers, investors, and partners aren't interested in hype—they want to see value. Whether you're pitching a penthouse on the Palm, raising funds for a new branded residence, or managing a high-net-worth client portfolio, the message is the same: don't just sell—deliver. Real estate professionals who lead with performance, understand their clients' financial goals, and communicate real returns will always come out ahead. Moneyball (2011) Quote: 'I think the question we should be asking is: Do you believe in this thing, or not?' Who said it: Billy Beane, played by Brad Pitt. How it can help real estate professionals: Belief is the foundation of influence. In Dubai's competitive market, you're not just selling units—you're selling conviction. Whether it's persuading investors to back a project or convincing a family to move to a new district, your belief in what you're offering must come through. That belief builds confidence, creates urgency, and helps close deals. If you don't believe in it, how can you expect your client to? Dubai real estate sales tips These iconic movie quotes may be scripted for the silver screen, but they echo real truths for today's Dubai real estate professionals. Negotiation, vision, resilience and belief—these are the traits that drive this industry forward. So next time you step into a meeting or pitch a project, channel your inner movie mogul. The right mindset might just land you the deal you have been waiting for.
Time of India
04-06-2025
- Business
- Time of India
Dubai to add 73,000 new homes in 2025 as property sales reach $31 billion
Dubai is set to expand its residential inventory with the delivery of 73,000 homes in 2025, taking the emirate closer to a total of 300,000 new units by the end of 2028, according to research from property consultancy Cavendish Maxwell. As reported by Arabian Business, Dubai recorded 42,000 property sales transactions valued at AED 114.4 billion ($31 bn) in the first quarter of 2025. Although this reflects a 10 per cent decline from the previous quarter, it marks a 23 per cent rise compared to the same period last year. 'Dubai's property market is on track for a modest annual increase in terms of sales volumes and values, but there are indications that prices are beginning to stabilise. 2025 began with a brief dip in prices per sq ft, followed by a steady recovery. While prices are still on the up, the pace is showing signs of slowing down. For example, the average quarterly price increase for 2023 and 2024 was 4 per cent, compared to a 2.8 per cent rise in Q1 this year against Q4 2024,' said Ronan Arthur, MRICS, Director and Head of Residential Valuation at Cavendish Maxwell. 'With a weakened US dollar, strong rental returns and appealing yields, Dubai continues to attract local and international property investors. We expect this trend to continue throughout the year,' Arthur added. Off-plan sales led the market with a 70 per cent share, amounting to AED 77.5 billion from 29,000 transactions — a 32 per cent increase year-on-year. Secondary market transactions stood at 13,200, reflecting a 6.6 per cent annual increase. Apartments comprised 75 per cent of all transactions, although interest in larger homes grew. Townhouses accounted for nearly 17 per cent of sales, while villas made up just over 7 per cent. Average property prices reached AED 1,535 per square foot, a 2.8 per cent quarterly increase and 16 per cent higher than in Q1 2024. The luxury segment saw 590 property sales priced above AED 20 million, up from 480 in the same period last year. Nearly 60 of those were for homes priced at AED 50 million or more. Arthur noted that off-plan sales made up 67 per cent of luxury transactions and nearly one-third of ultra-luxury sales. A surge in completions is expected in 2026 and 2027, with over 180,000 units scheduled for delivery. In Q1 2025, Jumeirah Village Circle (JVC) led all locations with 4,330 new units delivered. JVC also saw the highest number of apartment transactions at 3,330 — nearly 2,200 off-plan and 1,132 secondary market deals, reported Arabian Business. Mohammed Bin Rashid City followed with 1,037 units completed, ahead of Business Bay (743), Downtown Jebel Ali (647), and Rukan (636). Looking ahead, JVC is expected to receive almost 27,100 new units by 2028, trailed by Business Bay (19,470), Azizi Venice (17,100), DAMAC Lagoons (10,730), and Arjan (9,750). From January to March, apartments accounted for nearly 80 per cent of all completions. During the same period, 95 projects were launched, delivering around 28,600 new units. DAMAC Islands led off-plan villa and townhouse sales with 1,430 transactions, followed by The Valley, DAMAC Hills 2, Villanova, and DAMAC Lagoons. For secondary market sales in this segment, DAMAC Hills 2 topped the list with 318 deals, ahead of Al Furjan, Emirates Living, Reem, and JVC. Residential rents rose 14.4 per cent annually but showed only 1 per cent growth compared to Q4 2024 — the slowest quarterly rise in two years. 'This slower pace of growth could be partly driven by the influx of new units delivered in the first three months of the year, as well as the Dubai Smart Rental Index, introduced at the beginning of the year, which is likely to influence tenant expectations and price adjustments. With additional supply on the way, monitoring how rental trends evolve in response to increasing inventory and a shifting, regulatory framework will be crucial,' Arthur said. As of March 2025, rental yields averaged 7.3 per cent for apartments and 5 per cent for villas and townhouses. Dubai Investments Park offered the highest yields for apartments at 10.3 per cent, followed by International City (9.1%), Downtown Jebel Ali (9%), Dubai Production City (8.6%), Dubai Silicon Oasis (8.5%), Dubai Sports City (8.4%), and Liwan and International City Phase 2 (8.2% each). For villas and townhouses, Industrial City led with yields of 6 per cent, followed by JVC at 5.9 per cent, DAMAC Hills 1 and 2 (5.7%), International City and Serena (5.5%), Mudon and Villa Nova (5.4%), and Dubai Hills Estate (5.3%). Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Zawya
02-06-2025
- Business
- Zawya
Kamdar Developments breaks ground on 105 Residences in JVC
Dubai, United Arab Emirates – Kamdar Developments has broken ground on its flagship 105 Residences project in Dubai's Jumeirah Village Circle (JVC). The residential development will feature 105-units and is designed to provide buyers with luxury standards at an attainable price point. Residents will also benefit from a prime location in JVC, one of the most sought-after Dubai communities. The ceremonial groundbreaking was attended by Kamdar Developments founder and Chairman, Yousuf Kamdar, Directors Tazmeen Kamdar and Mahomed Kamdar, Luxedesign (LDV) CEO Santosh Shrestha, and Savills Middle East's Marc Tennant. Speaking at the occasion, Chairman Yousuf Kamdar said, 'We are delighted to break ground on our flagship 105 Residences project. This is an exciting moment for the business as we continue to invest and build in Dubai, one of the world's most exciting and innovative cities. 105 Residences will provide lasting quality and value for investors and homeowners, and we look forward to welcoming our first residents in early 2027.' Marc Tennant, Savills Middle East - Head of Exclusive Projects said, 'With great design and amenities, 105 Residences will set a new standard for residential living in JVC. Luxedesign (LDV) is also a contractor most commonly associated with very high-end villas, so investors and end-users can have confidence in a premium build quality across the project.' The groundbreaking follows the recent appointment of main contractor Luxedesign (LDV), who will oversee construction. The 105 Residences project benefits from Kamdar's four decades of real estate development experience across three continents, while Luxedesign (LDV) has constructed more than 100 luxury residential projects across the region. Designed by award-winning architects, 105 Residences includes premium studio, 1-bed and 2-bed apartments, plus a range of world-class amenities across podium and rooftop levels. Across the podium level, 105 Residences features an infinity pool, lounge deck, sports court and children's play area, while there is also a spacious indoor gym and fitness studio. On the rooftop overlooking the stunning Dubai skyline, is an open-air cinema, yoga area, and social zone with barbecue station. Residences are from AED 640,000 with 60/40 two-year post-handover payment plans available. Completion is expected in early 2027. For more information about Kamdar Developments and to discover 105 Residences, please visit or visit the new Kamdar Developments sales centre in Al Quoz, Dubai. About Kamdar Property Development Kamdar Property Development is a Dubai-headquartered, family-run real estate developer and investment company, committed to delivering quality properties that enhance the urban fabric of the United Arab Emirates. With a heritage and track record dating back nearly four decades, Kamdar pursues excellence in every project, reliably delivering high-quality developments on time. Kamdar – Quality you can trust For media enquiries, contact: Jonathan Ivan-Duke Partner, duke+mir jon@
