An all-women off-campus residential and retail complex, The Myriad, Muscat was officially launched on Tuesday under the patronage of Dr. Rawya bint Saud al Busaidiyah, Minister of Higher Education, at Kempinski.
The property is a joint development of Sandan Development, Shaksy Group, and Mubbadrah and will be operated by The Myriad; the Middle East, Asia and Africa partner of Asset Campus International, the largest student-housing firm globally with its headquarters in the United States of America. The Myriad, Muscat is currently under construction with Shaksy Engineering Services as the appointed main contractor. The project today has reached 35% completion.
The project which secured a RO 20 million facility from Muzn Islamic Banking, the Islamic Banking Window of National Bank of Oman (NBO), is expected to be ready by 2021.
The property is located along the Muscat Expressway, in close proximity to Sultan Qaboos University and other institutions. The rooms will be fully furnished with en-suite facilities and residents will have the choice between single and multi-occupancy room types. Common areas have been optimized to cater to resident needs, including trendy shared lounges and well-equipped, modern kitchens on each floor.
Chief Executive Officer of The Myriad and Strategic Housing Group (SHG) said: “The Myriad, Muscat will be an all-ladies living community offering spaces dedicated for women to live, work, and study helping them realize their aspirations in the growing metropolis of Muscat. The project takes into consideration the Sultanate’s local culture, while integrates key features ensuring elevated levels of convenience for tenants and visitors alike, ultimately creating a unique world-class experience.”