CASE STUDY

Amity School Dubai

REAL ESTATE | UAE

Date of
Investment

Q2 2017

Investment
Value

$39 mn

Sector

Education

Location

Dubai

Amity School Dubai - operated by the reputed Indian education provider Amity Education Group - offers the Indian education curriculum to cater to the scholastic needs of the substantial Indian expatriate population located in the United Arab Emirates. The school is strategically located in Al Qusais, a key neighbourhood between the cities of Dubai and Sharjah with a substantial Indian population. In 2017, Gulf Islamic Investments provided $39 million towards financing of the school.

The school is spread over a plot area of 600,768 square feet and can accommodate around 4,000 students as part of Phase 1 with an additional capacity of around 3,000 students in Phase 2. Given its commitment to ensuring holistic development of students, Amity maintains a healthy student to teacher ratio of 1:12. The school is equipped with modern facilities and dedicated spaces for learning enrichment programs including ICT, Art, STEAM and Music.

GII’s primary business focus with this transaction was to acquire a high yielding investment backed by a resilient and stable asset class such as real estate. Through this investment in a high-quality and social development oriented property, the firm provides its investors with predictable returns.