Aldar Properties, a prominent real estate developer in the United Arab Emirates (UAE), has demonstrated a strong commitment to its education business by injecting over AED 350 million into its expansion efforts. This substantial capital infusion builds upon the initial AED 1 billion commitment announced in 2022. The investment signifies Aldar’s strategic foray into the education sector, encompassing Dubai and Bahrain, along with a new acquisition in Abu Dhabi.
A pivotal component of Aldar’s expansion strategy is the establishment of Cranleigh Bahrain, slated to become Bahrain’s first branded premium school offering a British International Curriculum. Scheduled to open its doors in 2024, Cranleigh Bahrain will provide co-educational learning opportunities spanning from Pre-Prep to Year 13. The launch of this school marks a significant milestone for Aldar Education, as it extends its esteemed educational standards beyond the UAE borders into the Kingdom of Bahrain.
This expanded investment also encompasses the acquisition of two reputable education institutions within the UAE. Kent College Dubai and Virginia International Private School, both well-established schools, are now part of Aldar Education’s portfolio. The acquisition of Kent College Dubai, pending customary regulatory approvals, marks Aldar Education’s inaugural entry into the educational landscape of Dubai. Simultaneously, the acquisition of Virginia International Private School bolsters Aldar’s influence and offerings within Abu Dhabi’s educational domain.
Commenting on this strategic move, Jassem Saleh Busaibe, Chief Executive Officer at Aldar Investment, highlighted the significance of this investment in propelling the company’s transformational growth. He emphasized Aldar’s capability to diversify geographically and enhance assets while underscoring the accomplishment of their recent entry into Dubai. This investment showcases Aldar’s continued commitment to regional expansion, particularly within the education sector, to offer families access to exceptional and innovative learning opportunities.
Sahar Cooper, Chief Executive Officer of Aldar Education, underscored the company’s vision of being more than just an educational provider. Cooper emphasized the aim to foster a dynamic environment that nurtures each student’s growth and cultivates a lifelong passion for learning. The expansion aligns with Aldar Education’s mission to positively influence students across the UAE and beyond, equipping them with the tools and environment to unlock their full potential.
As part of this strategic expansion, Aldar Education plans to enhance the quality of education in Kent College Dubai and Virginia International Private School. This involves upgrading facilities, infrastructure, and comprehensive professional development opportunities for educators and staff. Leveraging Aldar Education’s track record of academic excellence, sector expertise, and extensive school network, these institutions are poised for advancement.
Aldar Properties’ substantial investment in the education sector underscores its dedication to fostering educational excellence and contributing to the holistic development of students in the UAE and the broader region. Through a strategic approach to expansion and quality enhancement, Aldar Education is poised to positively impact the educational landscape and empower learners to achieve their full potential.