AMIS Development Secures AED 5bn Investment from Singapore's First APAC Fund VCC to Fuel Dubai’s Luxury Real Estate Growth

Dubai-based AMIS Development has entered a strategic partnership with Singapore's First APAC Fund VCC, securing up to AED 5 billion ($1.4 billion) in funding. This collaboration underscores the growing confidence in Dubai's real estate market and AMIS Development’s reputation for delivering high-end, luxury projects.

Key Partnership Highlights:

• AED 5bn Investment: First APAC Fund will invest up to AED 5 billion to help AMIS Development expand both locally and internationally.
• Confidence in Dubai’s Real Estate Market: The investment reflects First APAC Fund’s trust in the strong growth potential of Dubai's booming real estate sector and AMIS Development's vision.
• Future Expansion: Funds will be used to enhance AMIS Development’s land bank, project pipeline, global brand partnerships, and investment in technology and innovation.

Boosting Dubai's Luxury Real Estate Landscape

AMIS Development is known for its innovative, luxury real estate projects in prime locations across Dubai. Their portfolio promises premium living experiences, combining world-class design, superior amenities, and exclusive locations that exceed the expectations of discerning buyers and investors.

The partnership with First APAC Fund VCC, a Singaporean investment fund, signals strong international confidence in Dubai’s real estate market. The fund is managed by Pilgrim Partners Asia (PPA), a licensed fund management company regulated by the Monetary Authority of Singapore (MAS). PPA is currently completing its due diligence on AMIS Development.

Recent Success: Woodland Residences Project

This new partnership follows the success of AMIS Development’s Woodland Residences project, a luxurious AED 425 million ($116 million) development located in Meydan, Dubai’s prestigious District 11. The project features a 100-meter swimmable lagoon, exclusively for residents, and was sold out within one week of its launch. The handover for Woodland Residences is slated for April 2026.

AMIS Development’s Vision for Growth

Neeraj Mishra, Founder and CEO of AMIS Development, expressed his excitement about the partnership: “We are proud to partner with First APAC Fund VCC, a globally respected investor with a proven track record. This investment reaffirms our focus on luxury real estate development and expands our ability to deliver larger, more innovative projects for our customers.”

A Promising Future for Dubai Real Estate

Darrell Lim, Founder and Shareholder of First APAC Fund VCC, added: “This partnership reflects our strategy to invest in high-potential markets. Dubai’s real estate sector is flourishing, and AMIS Development’s leadership, management systems, and track record make this collaboration highly promising.”

With this significant funding boost, AMIS Development is poised to enhance its position as a leader in Dubai’s luxury real estate market, offering exclusive properties that cater to both international investors and high-net-worth individuals.

source : Arabian Business