As the population of the emirate continues to grow exponentially, demand is growing for assets related to education<\/p>\n\n\n\n
A leading healthcare and education listed investment company on Monday said it has sold real estate assets of North London Collegiate School for Dh453 million.<\/p>\n\n\n\n
The Dubai-listed company Amanat Holding said that it sold the asset to an undisclosed third-party buyer who shall bear the value-added tax (VAT) and Dubai Land Department (DLD) fee.<\/p>\n\n\n\n
It expects the transfer of the property and receipt of funds will take place in the third quarter of 2025.<\/p>\n\n\n\n
Amanat Holding expects the sale to generate a gain for the company.<\/p>\n\n\n\n
\u201cThe sale is in line with the company\u2019s strategic objective to create shareholder value and focus on core investments,” it said in a statement, adding that the focus is on healthcare and education.<\/p>\n\n\n\n
As the population of Dubai continues to grow exponentially, demand is growing for real estate assets related to education.<\/p>\n\n\n\n
\u201cAmanat remains focused on delivering value to shareholders, continuing with our monetisation plan for education,\u201d Dr. Shamsheer Vayalil, chairman, Amanat, said after the first quarter results.<\/p>\n\n\n\n
Amanat Holdings\u2019 revenues in the first quarter of 2025 grew by 13 per cent year-on-year to Dh240.7 million, driven by strong performance at education, which grew 23 per cent year-on-year.<\/p>\n\n\n\n
[Correction: This article has been updated to accurately reflect the amount the property was sold for.]<\/em><\/p>\n\n\n\n Source: Khaleej Times<\/strong><\/p>\n\n\n\n Published: 11 August 2025<\/strong><\/p>\n\n\n\n <\/p>","protected":false},"excerpt":{"rendered":" As the population of the emirate continues to grow exponentially, demand is growing for assets related to education A leading healthcare and education listed investment company on Monday said it has sold real estate assets of North London Collegiate School for Dh453 million. The Dubai-listed company Amanat Holding said that it sold the asset to […]<\/p>","protected":false},"author":7,"featured_media":30474,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[3918,361,2702,3919,3860],"class_list":["post-30473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-amanat-holding","tag-dubai-real-estate","tag-property-market-dubai","tag-school-property-sale","tag-uae-investments"],"_links":{"self":[{"href":"https:\/\/elite-bricks.com\/hi\/wp-json\/wp\/v2\/posts\/30473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elite-bricks.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elite-bricks.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/hi\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/hi\/wp-json\/wp\/v2\/comments?post=30473"}],"version-history":[{"count":0,"href":"https:\/\/elite-bricks.com\/hi\/wp-json\/wp\/v2\/posts\/30473\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/hi\/wp-json\/wp\/v2\/media\/30474"}],"wp:attachment":[{"href":"https:\/\/elite-bricks.com\/hi\/wp-json\/wp\/v2\/media?parent=30473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elite-bricks.com\/hi\/wp-json\/wp\/v2\/categories?post=30473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elite-bricks.com\/hi\/wp-json\/wp\/v2\/tags?post=30473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}