India-based Nisus Finance Services Company has acquired a prime residential building in Dubai Motor City for AED221 million ($60 million). Completed in 2021, the Lootah Avenue is a fully occupied freehold development featuring 273 residential units and other amenities.
Union Properties has officially broken ground on its flagship AED2 billion ($544 million) project - Mirdad - being set up in Dubai Motor City. Spanning 356,931 sq ft, it will feature a total of 1,087 residential units along with premium amenities.
