A rendering of he Myriad Dubai, a student housing community that will be built in Dubai International Academic City by 2020. Courtesy FIM Partners
A rendering of he Myriad Dubai, a student housing community that will be built in Dubai International Academic City by 2020. Courtesy FIM Partners
A rendering of he Myriad Dubai, a student housing community that will be built in Dubai International Academic City by 2020. Courtesy FIM Partners
A rendering of he Myriad Dubai, a student housing community that will be built in Dubai International Academic City by 2020. Courtesy FIM Partners

New student community to be built in Dubai


Gillian Duncan
  • English
  • Arabic

A new student housing block with an outdoor amphitheatre, gaming rooms and sports facilities is to be built in Dubai.

Construction is expected to begin on The Myriad Dubai, a 58,000sqm community in Dubai International Academic City, shortly.

The project, which is sponsored by FIM Partners, a Dubai-based emerging and frontier markets investment management specialist, is expected to be the largest purpose-built, professionally managed student housing property in the UAE on a single plot when it is completed in 2020.

The Myriad Dubai will comprise more than 1,820 multi-sized, fully-furnished rooms, each with en-suite bathrooms and WiFi, in addition to access to common kitchens and lounges on each floor. The community also includes a study lounge, gym, swimming pools, squash and basketball courts, an outdoor running track, as well as restaurants and cafes.

A rendering of a common room in The Myriad Dubai. Courtesy FIM Partners
A rendering of a common room in The Myriad Dubai. Courtesy FIM Partners

Students living in The Myriad Dubai will be able to apply for part-time work and internships in the community, according to the team behind the project. The student work initiative will help develop the work experience of both local and international students, it said.

There will be several types of accommodation including large rooms of 19sqm and standard rooms of 15sqm.

The community will have segregated spaces for women and men and incorporate security systems and procedures to ensure the safety of its residents.

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Read more:

ENBD Reit buys Dubai’s first purpose-built student block

Universities can grow overseas student population by selling whole UAE package: experts

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"Dubai has rapidly transformed as a leading higher education destination in the region, attracting thousands of transnational students yearly,” said Mohammad Abdullah, managing director of Dubai Knowledge Park and Dubai International Academic City.

“Our partnership with Strategic Housing Group will help us provide a home away from home for the many students who travel to Dubai for higher education."

Dubai is the single largest market internationally for global branch campuses, according to research by Enbd Reit, which bought Uninest Dubailand, the UAE’s first purpose-built student accommodation block, in a deal worth Dh120 million last year.

Only China, with a total of 38, hosts more branch campuses than the UAE, which has 34.

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Profile

Co-founders of the company: Vilhelm Hedberg and Ravi Bhusari

Launch year: In 2016 ekar launched and signed an agreement with Etihad Airways in Abu Dhabi. In January 2017 ekar launched in Dubai in a partnership with the RTA.

Number of employees: Over 50

Financing stage: Series B currently being finalised

Investors: Series A - Audacia Capital 

Sector of operation: Transport

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Company name/date started: Seez, set up in September 2015 and the app was released in August 2017  

Founder/CEO name(s): Tarek Kabrit, co-founder and chief executive, and Andrew Kabrit, co-founder and chief operating officer

Based in: Dubai, with operations also in Kuwait, Saudi Arabia and Lebanon 

Sector:  Search engine for car buying, selling and leasing

Size: (employees/revenue): 11; undisclosed

Stage of funding: $1.8 million in seed funding; followed by another $1.5m bridge round - in the process of closing Series A 

Investors: Wamda Capital, B&Y and Phoenician Funds 

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Name: Mamo 

 Year it started: 2019 Founders: Imad Gharazeddine, Asim Janjua

 Based: Dubai, UAE

 Number of employees: 28

 Sector: Financial services

 Investment: $9.5m

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Range: 400km

Power: 134bhp

Torque: 175Nm

Price: From Dh98,800

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The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

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2006: Didier Drogba (Chelsea and Ivory Coast)
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2012: Yaya Toure (Manchester City and Ivory Coast)
2013: Yaya Toure (Manchester City and Ivory Coast)
2014: Yaya Toure (Manchester City and Ivory Coast)
2015: Pierre-Emerick Aubameyang (Borussia Dortmund and Gabon)
2016: Riyad Mahrez (Leicester City and Algeria)

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Rating: 4/5

 

 

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Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

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Founded: January 2019

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Sector: Technology/Social media 

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Where: Santiago Bernabeu, Madrid
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Ruwais timeline

1971 Abu Dhabi National Oil Company established

1980 Ruwais Housing Complex built, located 10 kilometres away from industrial plants

1982 120,000 bpd capacity Ruwais refinery complex officially inaugurated by the founder of the UAE Sheikh Zayed

1984 Second phase of Ruwais Housing Complex built. Today the 7,000-unit complex houses some 24,000 people.  

1985 The refinery is expanded with the commissioning of a 27,000 b/d hydro cracker complex

2009 Plans announced to build $1.2 billion fertilizer plant in Ruwais, producing urea

2010 Adnoc awards $10bn contracts for expansion of Ruwais refinery, to double capacity from 415,000 bpd

2014 Ruwais 261-outlet shopping mall opens

2014 Production starts at newly expanded Ruwais refinery, providing jet fuel and diesel and allowing the UAE to be self-sufficient for petrol supplies

2014 Etihad Rail begins transportation of sulphur from Shah and Habshan to Ruwais for export

2017 Aldar Academies to operate Adnoc’s schools including in Ruwais from September. Eight schools operate in total within the housing complex.

2018 Adnoc announces plans to invest $3.1 billion on upgrading its Ruwais refinery 

2018 NMC Healthcare selected to manage operations of Ruwais Hospital

2018 Adnoc announces new downstream strategy at event in Abu Dhabi on May 13

Source: The National

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General admission Dh295 (under-three free)

Buy a four-person Family & Friends ticket and pay for only three tickets, so the fourth family member is free

Buy tickets at: wbworldabudhabi.com/en/tickets

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Name: JustClean

Based: Kuwait with offices in other GCC countries

Launch year: 2016

Number of employees: 130

Sector: online laundry service

Funding: $12.9m from Kuwait-based Faith Capital Holding