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TECOM Group has acquired an integrated university campus in Dubai International Academic City for AED 125 million, as disclosed during the past week. The campus is located within one of the region's largest education-focused districts, home to multiple international universities and training institutions. The transaction strengthens TECOM Group's exposure to education-linked real estate assets and aligns with its broader strategy of expanding income-generating properties across specialised business districts. Dubai International Academic City continues to benefit from steady demand driven by student enrolments and institutional presence.
TECOM Group has acquired an integrated university campus located in Dubai International Academic City, marking a fresh addition to its education-focused asset base. The transaction, disclosed during the past week, was valued at AED 125 million. Advertisement
The campus is situated within Dubai International Academic City, one of the region's largest education hubs, which hosts a wide range of international universities, training institutes, and student accommodation facilities. The acquisition aligns with TECOM Group's presence across several knowledge-driven districts in Dubai, including communities dedicated to education, innovation, and research.
TECOM Group operates a portfolio of specialised business districts and has been steadily expanding its exposure to assets that support long-term demand from academic institutions and related services. Dubai International Academic City has continued to see stable occupancy levels, supported by a growing student population and increasing interest from foreign universities setting up regional campuses.
In recent years, the group has focused on strengthening income-generating real estate assets within its ecosystem, particularly those linked to education, technology, and creative industries. The addition of the university campus is expected to complement existing facilities within the academic zone and support its role as a key education destination in the emirate.
The company has not disclosed further operational or financing details related to the acquisition.
Source Reuters
5th Jun, 2025
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