Riyadh, Kingdom of Saudi Arabia – [31/03/2026] – Saudi Arabia’s higher education sector has undergone a remarkable transformation over the past decades, with university enrolment rising from fewer than 10,000 students in the 1970s to over 2 million today, according to government and international education data. As institutions continue to scale, integrated student living is emerging as an increasingly important component of the academic ecosystem.

Against this backdrop, The Myriad, the purpose-built student living platform of Dedicated Housing Company, is advancing discussions with a specific potential institutional partner in the Kingdom, alongside broader engagement with higher education and landholding stakeholders. This follows Dedicated Housing Company’s recently announced SAR 2 billion capital allocation toward specialised housing, supporting the group’s long-term expansion across key segments, including student living.

These discussions reflect a wider shift toward more structured, experience-led residential environments that support academic, social, and personal development, in line with the Kingdom’s long-term education and talent ambitions.

With an established presence across the region, The Myriad brings a proven operating model that combines international delivery standards with a regionally adapted approach, designed specifically for the cultural and social context of the Gulf.

Progress is being made on early-stage engagements, with an initial development now moving toward formalisation. Further details are expected to be announced in due course.

— ends —

About Dedicated Housing Company (DHC)

Dedicated Housing Company (DHC) is a joint venture between Majd Investment, Sumou Global Investment (SGI), and Strategic Housing Group (SHG), established to redefine residential and community living across the Kingdom of Saudi Arabia. DHC combines Majd Investment’s long-term investment strategy, SGI’s real estate development expertise, and SHG’s award-winning operational capabilities in student and co-living communities, bringing together deep local knowledge and global best practices.

The company focuses on developing and managing innovative, sustainable residential communities aligned with Vision 2030, with a commitment to quality, experience, and positive social impact.

Contact:
Dedicated Housing Company (DHC): info@dedicatedhousingco.com