The drive to grow the education arm of the developer is not new – Aldar already owns nine schools under Aldar Academies, including Cranleigh Abu Dhabi, and manages another 11 educational units a number of which are ADNOC schools.
It plans to achieve its expansion through a mix of greenfield and school acquisition opportunities in the premium and mid-market segments and has already taken the first step in its expansion plans, with its first school acquisition through the purchase of Al Shohub Private School in Khalifa City.
The group is also expanding and relocating Al Yasmina Academy in Khalifa City to consolidate its position as one of the few ADEK ‘outstanding’ rated UK curriculum primary and secondary school campuses in Abu Dhabi.
According to Aldar, to date, 80 per cent of the AED 1 billion investment has already been committed to a number of different projects, including the digital transformation of its schools, further investment in education technology, and to the provision of more flexible and diverse education models.
Other planned developments include, on Yas Island, the opening of a UK curriculum school within the Noya community, one of a number of new communities under development. On Saadiyat Island, the group is expanding Cranleigh Abu Dhabi and will also develop another school under the Aldar Academies brand that will cater to families in the surrounding communities that also seek a UK curriculum education – their West Yas Academy already offers a US curriculum.
Talal Al Dhiyebi, group chief executive at Aldar Properties, said it was the company’s responsibility to ensure it is making a positive impact on all communities in Abu Dhabi.
“Aldar Education is one of our most critical touchpoints with the community and we want to ensure that more families can benefit from the quality education we offer in our schools,” he said. “This latest investment will help us make notable progress in this direction and it also makes financial sense for a business that is of huge strategic importance to the group.”