It was founded in 1349 by the Nasrid monarch Yusuf I, Sultan of Granada.The building is currently part of the University of Granada[5] and is the seat of the Real Academia de Bellas Artes de Nuestra Señora de las Angustias ("Royal Academy of Fine Arts of Our Lady of Sorrows")After the Spanish conquest of Granada (1492), the Madrasa continued to operate until late 1499 or early 1500