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Higher Education in Dubai

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Higher Education in Dubai Higher Education in Dubai Coming of Age! Q2, 2018 Colliers International Education Advisory & Valuation Services team is solely focused on education related business (OpCo) and real estate (PropCo), from complex business related operational advisory to real estate related advisory. Our group has the expertise and knowledge essential to providing forward thinking solutions to any challenging education related decisions where success is measured in high quality care delivered in a cost eective way. Nurseries | Kindergartens K-12 Day & Boarding Schools Special Needs Schools Medical | Nursing | Pharma Colleges Science | Arts | Business | Colleges & Universities Vocational Training Institutes COMMITMENT PASSION EXPERIENCE KNOWLEDGE INTELLIGENCE USP Market Research | Market Entry & Expansion | Equity & Debt Fund Raising Highest & Best Use Study | Market & Financial Feasibility Study Operator Search and Selection | Land, Property & Business Valuations 2 Higher Education in Dubai; Coming of Age | Q2 2018 | United Arab Emirates Introduction With AED 6.8 billion of tuition revenues (academic year 2016/17) Dubai’s private K12 education market remains one of the most attractive and fastest growing markets in the world. During the same academic year Dubai hosted a total of 260 schools providing John D. Davis education to over 300,000 students of which 90% are in private Chief Executive Officer schools. Middle East & North Africa [email protected] However, compared to K12 market the higher education market in Dubai is still in infancy with only approximately 60,000 students in higher education institutions out of which 46,000 students are in private higher education institutions (2015/16 latest available) translating to only 20% and 15% of total K-12 private student population, offering just 13 majors. Higher Education enrolments in Dubai have been steadily increasing from 33,500 in 2011/12 to 46,000 2015/16 a CAGR of 8.4%. The primary reasons for the growth includes: Ian Albert > A growing resident population. The population of Dubai has Regional Director increased from 2.1 million in 2012 to almost 3 million at the end Valuation & Advisory of 2017, a CAGR of 7.2% per annum. Middle East & North Africa [email protected] > Students from other Emirates choosing to attend universities in Dubai as it offers a greater variety of courses and established brands. > Similar to K12 education, a growing preference towards international higher education institutes amongst Emirati parents. > Professionals seeking to complete their education or obtain an alternate degree on a part time basis along with their work commitment. Mansoor Ahmed > Similar to healthcare tourism, Dubai has emerged as an Director (MENA Region) Education Tourism Hub as over one third of enrolled higher Development Solutions education students in Dubai come from abroad to study in the Healthcare, Education & PPP city, coming from 167 different countries. [email protected] Poised to become a leading provider of higher education, regionally and internationally, Dubai requires an estimated 68,000 student places of which 50,000 are in private sector by 2025. Colliers International specialist Education Advisory & Valuation Services team in their first comprehensive white paper on Higher Education in Dubai, present key demand / supply analysis, market assessment and identify challenges and opportunities for operators and investors to enter into Dubai’s lucrative higher education sector. Higher Education in Dubai; Coming of Age | Q2 2018 | United Arab Emirates 3 مقدمة بلغت إيرادات الرسوم الدراسية في دبي 6.8 مليار درهم خﻻل العام الدراسي 2017/2016، ليظل قطاع التعليم المدرسي الخاص في دبي واحداً من أكثر القطاعات جاذبية وأسرعها نمواً على مستوى العالم. خﻻل العام الدراسي جون دافيس 2017/2016، بلغ إجمالي عدد المدارس في إمارة دبي 260 مدرسة تقدم رئيس تنفيذي الخدمات التعليمية ﻷكثر من 300 ألف طالب، ٪90 منهم ملتحقون الشرق اﻷوسط وشمال إفريقيا بالمدارس الخاصة. [email protected] ولكن بالمقارنة مع قطاع التعليم المدرسي، ﻻ يزال سوق التعليم العالي في دبي في مراحله اﻷولى، إذ ﻻ يوجد سوى 60 ألف طالب فقط في مؤسسات التعليم العالي، 46 ألفاً منهم يدرسون في مؤسسات التعليم العالي الخاصة )أحدث البيانات المتاحة من 2016/2015(، أي بنسبتي ٪20 و%15 من إجمالي طﻻب التعليم المدرسي العام والخاص على التوالي، وﻻ تقدم تلك المؤسسات إﻻ 13 تخصصاً فقط. إيان ألبيرت هذا وقد ارتفعت معدﻻت اﻻلتحاق بالتعليم العالي في دبي من 33500 في مدير قسم اﻻستشارات والتقييم اﻹقليمي العام الدراسي 2012/2011 إلى 46000 في العام الدراسي 16/2015، بمعدل نمو الشرق اﻷوسط وشمال إفريقياالتقييم واﻻستشارات سنوي مركب يبلغ ٪8.4. اﻷسباب الرئيسية للنمو تشمل: [email protected] < ارتفاع عدد المقيمين، حيث ارتفع عدد السكان في دبي من 1.2 مليون نسمة عام 2102 إلى قرابة الـ 3 مﻻيين في نهاية عام 7102، بمعدل نمو سنوي مركب يبلغ %2.7. < الطﻻب القادمين من اﻹمارات اﻷخرى لﻻلتحاق بالجامعات في دبي لما تتمتع به من عﻻمات عالمية مشهورة وما تقدمه من تخصصات أكثر تنوعاً. منصور أحمد مدير منطقة الشرق اﻷوسط وشمال إفريقيا < تنامي ميل اﻵباء في اﻹمارات نحو إلحاق أبنائهم بمؤسسات التعليم حلول التطوير والرعاية الصحية والتعليم وشراكات العالي العالمية أسوة بما هو سائد في قطاع التعليم المدرسي. القطاعين العام والخاص [email protected] < على غرار قطاع السياحة الصحية، برزت دبي كمركز للسياحة التعليمية حيث أن أكثر من ثلث الطﻻب الملتحقين بمؤسسات التعليم العالي في اﻹمارة قد أتوا من 761 دولة مختلفة للدراسة فيها. تسعى دبي ﻻحتﻻل الريادة في مجال التعليم العالي على الصعيدين اﻹقليمي والدولي، إﻻ أنها بحاجة لتوفير اﻷماكن لما يقرب من 68 ألف طالب، 50 ألفاً منهم في القطاع الخاص، بحلول عام 2025. في أول تقرير شامل له حول قطاع التعليم العالي في دبي، قدم فريق كوليرز إنترناشيونال المتخصص في التعليم واﻻستشارات والتقييم تحليﻻً مهماً للعرض والطلب وتقييماً للسوق، كما قام برصد التحديات والفرص المتاحة أمام المشغلين والمستثمرين للدخول إلى قطاع التعليم العالي مرتفع الربحية في دبي. 4 Higher Education in Dubai; Coming of Age | Q2 2018 | United Arab Emirates Higher Education in UAE The overall education sector of the United Arab Emirates (UAE) is governed by the Ministry of Education (MoE), which regulates and oversees several subsidiary educational authorities, as well as implements the federal mandate. Higher Education in Dubai; Coming of Age | Q2 2018 | United Arab Emirates 5 Higher Education Sector in the UAE The Regulatory Framework & Relevant Authorities The Education sector of the United Arab Emirates (UAE) is The Ministry of Higher Education and Scientific Research governed by the Ministry of Education (MoE), this regulates and oversees higher education and scientific research in UAE. oversees several subsidiary educational authorities and implements Regulation and development of the education sector in Dubai is the federal mandate as highlighted in the adjacent chart. overseen by the Knowledge and Human Development Authority Under the MoE are several other national level regulators (“KHDA”). including; the Ministry of Higher Education and Scientific KHDA’s role is to ensure that private educational institutes in Research and Commission for Academic Accreditation. These Dubai are established and operate according to the highest quality two bodies are primarily responsible for the higher education of standards and is responsible for the growth, direction and quality the country. of private education and learning in Dubai. Education Authorities / Councils in UAE R S T O Abu Dhabi L A U Education G Council E Commission R for A L ca d A e N M m i i O n c I i s A T t c r c A y r e N o d f MINISTRY OF i H t a Knowledge i g t EDUCATION i h o & Human e n r Development E Authority d u c a ti on & Sc ch ientif c Resear Fujairah Sharjah Education Education Zone Zone Ras Al Ajman Khaimah Education Education Zone Zone 6 Higher Education in Dubai; Coming of Age | Q2 2018 | United Arab Emirates UAE Vision 2021 National Agenda The UAE Vision 2021, a national charter drawn up UAE Vision 2021 National Agenda in 2010 by H.H. Sheikh Mohammad bin Rashid Al Impact on Higher Education Maktoum, calls for the overall development of the UAE. Comprising of four pillars: responsibility, destiny, knowledge, and prosperity. the Vision aims to make Key sectors that will be impacted by the UAE Vision 2021 the UAE among the best countries in the world in time National Agenda include the following: for the Golden Jubilee of the Country in 2021. The knowledge pillar of the charter emphasizes on the development of a first-rate education system; requiring a complete transformation of the current Technology education system and teaching methods. It aims to equip all schools, universities and students with The technology sector is one of the pivotal sectors required smart systems and devices as a basis for all teaching to activate the country’s diversification policy away from the methods, projects and research. hydrocarbon base. Ultimately, the UAE will focus on developing human As a critical base sector for the foundations of the capital aspects of innovation, research, science, and knowledge economy the aim is to incorporate technology technology. To achieve this, a shift in the teaching- into society through the establishment of technology and learning process is necessary to equip students with innovation focused higher education institutes. Key public high-order thinking. funding initiatives include The Masdar Institute of Science and Technology and Khalifa University’s various scientific The growth of technology and creativity based programs. industries and lifestyles has, as it has around the world, changed the preference and emphasis for UAE Colliers research identifies the private universities are based students higher education. This top down and responding to shifting market conditions by offering new bottom up demand has seen the introduction of new programs focusing on technology such as Artificial Intelligence courses from the University sector. and 3-D Animation. Renewable Energy Focus on renewable energy is also inline with Vision 2021 and various initiatives have taken across the UAE including establishment of the City of Masdar and renewable energy solutions alogside nuclear power electricity generation.
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