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The sale by Amanat Holdings will not impact North London Collegiate School’s operations but will release capital for reinvestment in education and healthcare. (Image: North London Collegiate School)Dubai, UAE – August 22, 2025 - Amanat Holdings, the Dubai-listed investment firm focused on healthcare and education, has announced the sale of the North London Collegiate School (NLCS) property for USD 123.3 million (AED 453 million) to an undisclosed buyer. The deal was confirmed in a statement released Monday.
The transaction, expected to close in the third quarter of 2025, is part of Amanat’s strategy to streamline operations, generate shareholder value, and focus capital allocation on its core sectors.
Amanat emphasized that the sale of the property will not affect the school’s operations. Instead, the move is designed to free up capital for reinvestment in education and healthcare assets, which remain the company’s strategic priorities.
Driven by Dubai’s rapid population growth and the rising demand for educational facilities, Amanat reported a 13% year-on-year revenue increase in Q1 2025, with its education segment growing by 23%.
The company stated that the deal is expected to deliver a financial gain, improve liquidity, and align with the UAE’s broader diversification strategy toward knowledge-based industries.
The 38,217-square-metre plot, currently leased to the school, was first listed for sale in May 2025 with a price guide of USD 122.5 million–USD 136 million (AED 450 million–AED 500 million).
This transaction adds to a series of high-profile property deals in Dubai, including Emaar’s USD 789.5 million (AED 2.9 billion) land purchase from Amlak in Ras Al Khor earlier this year.
The sale of the NLCS property comes amid strong international demand for premium educational assets, particularly in markets such as the UK, where institutions like NLCS are highly sought after by investors.
It also reflects a wider shift among UAE-based firms toward higher-return, diversified investments beyond traditional real estate, with a growing focus on education technology, healthcare infrastructure, and innovation-led industries.
By reallocating capital, Amanat said it aims to enhance liquidity, streamline its portfolio, and fund expansion across core healthcare and education sectors—an approach that mirrors the UAE’s national vision to diversify its economy and invest in knowledge-based growth.
Amanat is the GCC’s only dedicated investment company in healthcare and education. Its healthcare portfolio includes:
Its education platform features investments in Abu Dhabi University Holding Company, NEMA Holding, and Middlesex University Dubai. In addition, Amanat holds a minority stake in BEGiN, a US-based education technology company.
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