Capital Boost for Growth and Projects
Dubai-based AMIS Development has received the first tranche of its planned Dh5 billion funding from First APAC Fund VCC, a Singaporean investment vehicle. The capital will be directed toward expanding AMIS’s luxury real estate portfolio and accelerating its pipeline of projects.
The funding will support ongoing developments as well as new acquisitions in strategic areas, including Meydan and Dubai Islands, two of Dubai’s fastest-growing destinations for premium residential communities.
Confidence from Investors
Neeraj Mishra, Founder and CEO of AMIS Development, highlighted that this major investment strengthens the company’s ability to deliver high-quality residential projects. He noted that investor confidence reflects both the strength of AMIS’s portfolio and Dubai’s position as a global hub for luxury real estate.
Darrell Lim, Director of First APAC Fund, emphasized that this milestone underlines the fund’s trust in AMIS’s leadership and vision. He added that AMIS is well positioned to deliver developments that meet the rising demand for premium homes in Dubai.
Key Projects in the Portfolio
AMIS’s developments include several high-profile projects:
- Woodland Residences, a Dh425 million project completed and sold out in January 2024.
- Woodland Terraces, currently under construction and scheduled for completion in the first quarter of 2027.
- Woodland Crest, recently launched and expected to be completed in the second quarter of 2027.
In addition to these projects, AMIS has acquired premium land in Meydan and Dubai Islands, further expanding its footprint in Dubai’s luxury market. With the new funding, AMIS is set to accelerate delivery timelines and continue shaping residential communities that reflect Dubai’s growing demand for upscale living.
