The Myriad Expands Student Housing in Saudi Arabia

Riyadh, Kingdom of Saudi Arabia – March 31, 2026 –

Saudi Arabia’s higher education sector has witnessed significant growth over the past several decades, evolving into one of the largest in the region. University enrolment has surged from fewer than 10,000 students in the 1970s to more than 2 million today, reflecting the Kingdom’s sustained investment in education and human capital development.

As academic institutions continue to expand in scale and scope, the demand for integrated, high-quality student accommodation is becoming increasingly prominent. Modern student living is now seen as a critical pillar of the academic ecosystem, contributing not only to student well-being but also to academic success and overall campus experience.

In response to this growing demand, The Myriad— the purpose-built student living platform developed by Dedicated Housing Company— is progressing with its expansion strategy in Saudi Arabia. The company is currently engaged in advanced discussions with a prospective institutional partner in the Kingdom, while also maintaining broader engagement with universities, developers, and landholding entities.

This strategic momentum follows Dedicated Housing Company’s recent announcement of a SAR 2 billion capital allocation aimed at expanding its portfolio of specialised housing solutions. The investment underscores the company’s long-term commitment to supporting key real estate segments, including purpose-built student accommodation.

The ongoing discussions highlight a broader shift within Saudi Arabia toward structured, experience-driven residential environments. These developments are designed to foster academic achievement, social interaction, and personal growth, aligning closely with the Kingdom’s long-term vision for education and talent development.

With a well-established regional footprint, The Myriad brings a proven operating model that blends international standards with a deep understanding of local cultural and social dynamics. Its approach is tailored to meet the specific needs of students in the Gulf, ensuring a balanced and inclusive living environment.

Encouraging progress is being made in early-stage engagements, with an initial project now advancing toward formalisation. Further announcements and detailed plans are expected to be revealed in the near future as the initiative continues to take shape.