Myriad Dubai redefines student living
An affordable, community-centric student accommodations mark Dubai's educational boom
Dubai: Myriad Dubai, a trailblazer in student living communities, has joined forces with frontier markets asset manager FIM Partners to redefine the landscape of affordable and vibrant accommodations for higher education students.
Dubai's international education sector is booming, and student housing is evolving right alongside providing affordable accommodation with a vibrant and enriching community experience.
Setting the benchmark for student living
Over the past four years, Myriad Dubai has attracted a diverse cohort of students from 128 nationalities and over 80 educational institutions across the UAE. The project's proactive stance aims to meet escalating demands with a distinct offering of high-quality yet affordable student living.
The Myriad Dubai sets a new benchmark for student lifestyle communities. It exemplifies the growing demand for quality education and accommodation in the MENA region. Their success underscores a transformative shift towards purpose-built student accommodation (PBSA), positioning them at the forefront of innovation in student living experiences.
Emerging in a challenging environment
Despite launching in 2018, The Myriad Dubai faced a significant challenge during the COVID-19 lockdowns of 2020. However, instead of waiting for normalcy to return, the company demonstrated remarkable adaptability. They collaborated with universities to develop a new business model, offering hybrid learning and short-term courses. This innovative approach marked a transformative journey for students living in the region.
Location
With its strategic location in Dubai International Academic City and a capacity of over 2,250 beds, Myriad Dubai exemplifies the collaborative effort between SHG and FIM Partners to elevate student living standards. Fares Bou Atme, Director of Real Estate at FIM Partners, emphasized their shared vision of investing in projects that yield financial returns and positive community impact.
Beyond accommodation
The Myriad Dubai goes far beyond simply providing a place to stay. Vik Rao, CEO of The Myriad and Strategic Housing Group (SHG), emphasizes their commitment to redefining student accommodation standards. They foster a dynamic community atmosphere through a variety of cultural, sports, educational, and talent-focused events. This holistic approach enriches students' lives, enhances their employment prospects, and creates a comprehensive environment that promotes personal growth and networking opportunities.
An ideal home base for international students
With Dubai preparing to welcome an influx of international students this summer, The Myriad Dubai stands ready as their ideal home base. They support prestigious summer programs offered by local institutions with competitive summer rates and a calendar of engaging events. This vibrant community experience promises to be unforgettable for students seeking more than just a place to stay.