TECOM Group acquires Dubai Academic City university campus for Dh125 million

Saturday, 24 January 2026

TECOM Group has acquired an integrated university campus in Dubai International Academic City for Dh125 million, strengthening its education real estate portfolio as demand from international higher education providers continues to grow.

Key Highlights:

TECOM Group purchases a 300,000+ sq ft integrated university campus in Dubai International Academic City
Acquisition value stands at Dh125 million, funded through existing resources
Campus includes academic buildings, student accommodation and sports facilities
Planned upgrades to enhance asset quality and long-term value within the Education Cluster
Deal lifts post-listing investments beyond Dh5.5 billion since July 2022
TECOM’s Education Cluster operates at around 99% occupancy, reflecting strong demand
Supports UAE and Dubai strategies including Higher Education 2030, D33 and Education 33
Education districts account for over 85% of private higher education enrolments in Dubai
Dubai International Academic City hosts leading regional and international universities
Wider Education Cluster is home to more than 38,500 students across purpose-built campuses