Gulf News

Exclusive housing for university students

Rent at Myriad Dubai, set to open in DIAC in 2020, will start at Dh16,000 per semester

- BY FAISAL MASUDI Staff Reporter

The Myriad Dubai, a housing community exclusivel­y for university students, is expected to open in 2020, with rents starting at Dh16,000 per semester.

Officials said the cluster of buildings — seven blocks with 1,820 fully-furnished rooms — will be the first “fully integrated” and largest student housing community in the UAE. Currently, only a handful of universiti­es in the UAE offer their students housing on campus.

The Myriad Dubai, spread over 58,000 square metres, will be located within walking distance of most universiti­es in Dubai Internatio­nal Academic City (DIAC), where some 26,000 students study at almost 30 universiti­es.

Strategic Housing Group (SHG) will manage the project’s developmen­t. On Monday, Vikram Rao, SHG’s CEO, said students would be able to hold jobs in The Myriad Dubai, in line with “regulatory requiremen­ts”.

University students in Dubai can hold paid parttime jobs in thousands of companies in nine free zone clusters, following a regulation announced in 2016.

The income from jobs would help students pay rent at The Myriad Dubai, where rent will range from Dh16,000 to “under Dh30,000” per semester, Rao said.

There are two full semesters in one academic year (Fall and Spring) and a shorter summer semester.

Rao said students staying at The Myriad Dubai in the summer semester, or returning home while keeping their room, will be offered a “subsidised lease”. The rent will include utility and WiFi bills.

All rooms will have an ensuite bathroom.

1,820 fully-furnished rooms offered by Myriad Dubai

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