Private schools in Dubai record Dh 8.45 billion in revenue for 2019-20


Daijiworld Media Network - Dubai (SHP)

Dubai, Jan 24: A new data from the Education Landscape Report by the Knowledge and Human Development Authority reported that the private schools in Dubai earned Dh 8.45 billion in annual revenues from tuition fees in 2019-20. The revenue excludes discounts offered on the KHDA approved fee.

Lately, the report shows the constant rise of the revenue year after year and the data for the 2017-18 academic year states that the schools earned Dh 7.5 billion.

In 2016-17, schools generated Dh 6.8 billion in revenue, Dh 6.1 billion in 2015-16, Dh 5.3 billion in 2014-15 and Dh 4.7 billion in 2013-14.

Meanwhile, a new data released on Wednesday showed the average fees paid in Dubai is Dh 29,057, based on KHDA approved fees, and 51.1 per cent of students pay less than Dh20,000.

Currently, there are 295,148 students enrolled in a total of 208 private schools in Dubai. The total number of seats available across the emirate is 363,643.

"Dubai's private education sector continues to build on its success and pave the way forward by embracing Dubai's vision for the next 50 years in line with future expectations," Dr Abdulla Al Karam, chairman of the Board of Directors and Director General of the KHDA, said. "The success of key economic sectors in Dubai has created new opportunities that are contributing to better infrastructure and creating more choice for families.

"The opening of new private schools, training institutes and international branch campuses in Dubai over the last decade has stimulated growth and helped us create a diverse education community with diverse curricula and programmes that meet the expectations of families. Today, there is a wide range of options and choices in the market, compared to 10 years back, and this has resulted in the sector's steady progress making Dubai even more attractive - Both regionally and internationally. We want to sustain the progress and work as a catalyst to further strengthen the education sector and fulfil our aspiration to promote lifelong learning."

  

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Title: Private schools in Dubai record Dh 8.45 billion in revenue for 2019-20



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