GEMS Education, the Dubai-based school operator, is expanding rapidly after receiving major investments. The company’s new campus in Dubai Sports City has attracted investment from the Omani Izdihar Real Estate Fund, managed by Bank Muscat.
Dubai’s Most Expensive School Under Development
The upcoming GEMS School of Research & Innovation campus is set to be Dubai’s most expensive school, with a development cost of $100 million. The campus is scheduled to open in August and has already seen strong early student enrolments, reflecting a high demand for quality education in Dubai.
Strong Investor Confidence in GEMS and Dubai’s Education Sector
Dino Varkey, Group CEO of GEMS Education, highlighted that the investment by the Izdihar Real Estate Fund showcases confidence in GEMS’ education platform and Dubai’s position as a global education hub. This follows significant investments last year from global fund manager Brookfield and Dubai-based Gulf Islamic Investments (GII).
GEMS Expands with Premium Schools and World-Class Facilities
GEMS Education continues to grow its network, including schools with some of the highest fees in the UAE. The company is focused on building state-of-the-art campuses offering innovative and immersive learning experiences.
Growing Institutional Interest in Education Sector
Ovais Chhotani, CFO of GEMS Education, noted that the partnership with Bank Muscat signals increasing institutional investment in education. This latest funding reinforces GEMS’ commitment to expanding world-class learning environments across the region.
