By Parag Deulgaonkar
Education authority says total fees collected by 185 schools reached $1.85bn in 2016-17
Annual revenue of Dubai schools jumped by 11.48 percent during the 2016-2017 session over the last session, according to an analysis by Arabian Business.
The Knowledge and Human Development Authority (KHDA), in its 2016-2017 report, said total fees collected by 185 schools reached $1.85 billion (AED6.8bn) in 2016-2017 from $1.66bn (AED6.1bn) in 2015-2016.
It said, however, 57.5 percent of students paid less than $5,449 (AED20,000) in fees per year compared to 60.7 percent students in the last term.
Twenty percent of students were new to Dubai in 2016-2017 session, taking the total number of student enrolment to 273,599, comprising 141,806 boys and 131,793 girls. Fifteen new schools opened last session, enrolling 5,842 students.
Number of UK curriculum schools reached 73 (91,903 students), followed by 34 US curriculum (48,397 students) and 33 Indian curriculum (79,844 students).
According to KHDA, the emirate is expected to add 120 new schools over the next 10 years, with 10 new schools set to open this year.
I hope these numbers will stop KHDA to allow school fees increase next year. Schools in UAE is a gold mine for their owners and rip off for parents. I wish my salary was linked to my kid's school fee annual increase index!
Is this statement accurate?
"Fifteen new schools opened last session, enrolling 5,842 students".
It seems like a very low number of students per school (average 390) have been enrolled in the new schools. If indeed this is the case it would be interesting to understand why the enrolment ratio so low ?