Awqaf Dubai Educational Endowments Hit AED472M

Dubai: The Endowment and Minors’ Trust Foundation (Awqaf Dubai) announced that its educational endowment assets have reached AED472 million in 2025. The portfolio, consisting of 51 endowment assets, is dedicated to supporting education and providing learning opportunities for underprivileged students across the UAE.

The portfolio includes 23 real estate endowments, such as buildings, villas, and commercial units, valued at AED428 million, and 28 financial endowments in bonds and equities worth AED44 million. The proceeds from these assets are used to fund educational initiatives at 16 schools and universities in the country.

In 2024, Awqaf Dubai disbursed AED5.3 million in scholarships, benefiting 2,079 students enrolled in private schools and national and international universities. The scholarships covered a wide range of academic disciplines, helping students from low-income families access quality education.

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His Excellency Ali Al Mutawa, Secretary-General of Awqaf Dubai, highlighted the foundation’s commitment to equitable education and the UAE National Agenda. He noted that the initiative supports the objectives of the Year of Community campaign, which aims to strengthen social bonds and foster a sustainable society.

“Endowment funds play a strategic role in empowering students to pursue knowledge, build their professional paths, and contribute to a prosperous community,” HE Al Mutawa said. He also praised donors for their contributions and reaffirmed Awqaf Dubai’s efforts to maximise returns and expand support for more beneficiaries.

Awqaf Dubai registered its first educational endowment in 2017, a AED25 million donation from an Emirati woman. The most recent endowment, registered in 2024, consisted of shares valued at AED20 million, contributed by an Emirati philanthropist.

The foundation continues to grow its endowment portfolio, ensuring sustainable educational opportunities and a brighter future for UAE students.