Amanat Sells Dubai School Real Estate for Dh453 Million, Unlocking Strategic Growth Capital
Dubai real estate market continues to attract high-value deals, with Amanat Holdings announcing the sale of its real estate linked to the North London Collegiate School (NLCS) in Dubai for Dh453 million. The deal, finalized with Souk NLCS Holdings Ltd., comes just over seven years after Amanat first acquired the asset, reflecting the company’s proven strategy of investing in, growing, and monetizing high-potential properties.
A Profitable Exit After Seven Years
Amanat originally acquired the land and buildings associated with NLCS Dubai in 2017 for Dh360 million and later added a Dh33 million expansion, bringing its total investment to Dh393 million. With the latest sale price of Dh453 million, Amanat has achieved an unlevered cash-on-cash multiple of 1.7x and an internal rate of return (IRR) of 10%. The transaction will also generate a net cash return of Dh294 million, providing the company with substantial liquidity for redeployment.
Aligned with Amanat’s Growth Strategy
This move aligns with Amanat’s corporate strategy of “identify, grow, and monetize.” The company has consistently focused on high-potential sectors, including education and healthcare, while leveraging Dubai’s thriving real estate sector. Chairman Dr. Shamsheer Vayalil emphasized that the sale broadens strategic options and reinforces Amanat’s commitment to delivering shareholder value. CEO John Ireland added that the proceeds will allow the firm to deploy capital into new opportunities aligned with its long-term growth priorities.
Dubai’s Real Estate Market Still a Global Magnet
Dubai’s property sector remains one of the most dynamic in the world, driven by strong demand, foreign investment inflows, and a regulatory framework that supports both transparency and investor protection. High-profile deals such as Amanat’s sale further illustrate Dubai’s appeal to global investors. Communities such as Downtown Dubai, Business Bay, and Dubai Marina continue to see robust investor interest, both in residential and commercial segments.
The sale also underscores the growing value of education-linked real estate. Schools and educational facilities are increasingly regarded as stable investment assets, with long-term leasing potential and strong community demand. This niche sector complements Dubai’s reputation for quality education and international school offerings, making it an attractive market for institutional investors.
Strategic Timing of the Transaction
Market analysts note that Amanat’s timing is strategic. With Dubai real estate prices reaching cyclical peaks and transaction volumes hitting record highs in Q2 2025, monetizing mature assets allows companies to lock in returns while retaining capital for future growth. This deal not only boosts Amanat’s cash position but also strengthens its ability to diversify investments across sectors such as healthcare and education technology.
Broader Implications for Investors
For global investors watching Dubai’s real estate trends, Amanat’s exit provides valuable lessons. The emirate’s property market rewards long-term, strategic investments that combine operational value creation with capital appreciation. Whether investing in residential towers by Emaar, branded luxury villas by Sobha Realty, or mixed-use developments by DAMAC, investors who take a long-term approach often see substantial returns.
Conclusion
Amanat’s Dh453 million divestment of its NLCS Dubai real estate is more than just a profitable exit—it reflects the maturity and global appeal of Dubai’s property sector. The transaction demonstrates how strategic acquisitions, coupled with timely exits, can generate strong returns while supporting long-term growth. With Dubai continuing to attract high-net-worth individuals, global corporations, and institutional investors, deals like these reinforce the city’s reputation as a premier investment hub.
Looking to explore Dubai’s thriving real estate market yourself? Discover the latest opportunities with Aurantius Real Estate, your trusted partner for investing in prime communities and developer projects across the UAE.
