One of the world’s largest operators of private schools is opening a new $100 million campus in Dubai where annual fees could reach as high as $56,000 as the company looks to capitalize on the influx of ultra-wealthy families that have made their way to the Gulf hub.

The education company says the high fees will allow it to hand-pick specialist teachers from some of the world’s most prestigious institutions

In another indicator of Dubai’s upward trajectory, one of the world’s largest operators of private schools - GEMS Education – is opening a new $100 million campus where annual fees could reach as high as $56,000, the company announced in a statement issued on Tuesday.

Sunny Varkey, Chairman and Founder of GEMS Education and The Varkey Foundation, said: “We believe in empowering the next generation to shape a better world. GEMS School of Research and Innovation is a testament to our unwavering commitment to delivering exceptional education based on our 65 years of experience.

GEMS Education has just launched what it claims to be the most innovative and premium school in Dubai, setting a new benchmark for education in the city. The GEMS School of Research and Innovation, located in Dubai Sports City,

Gems Education has revealed plans to open the most expensive school in the Gulf, which is set for completion later this year. It is spending $100 million to develop Gems School of Research and Innovation in Dubai Sports City.