Furnished Apartments for Rent in Riyadh

by Rosa Snidow Real Estate Consultant

Riyadh is often considered among the most conservative of all the major cities in Saudi Arabia, and being the capital of Saudi Arabia, it also a popular destination for people wishing to come and live there for work. Millions of people from all over the world reside in Riyadh today; many of them are expatriates from other countries who want to cash in on the business and growth opportunities that these Middle Eastern countries offer. This of course tends to create an imbalance between the infrastructural demands of the rapidly evolving city with those that already exist; which is the reason why real estate in Riyadh - العقار في الرياض (working for both the government and private parties) have started investing in apartment buildings.

The Real Estate industry in Riyadh:

As mentioned above, there is already congestion and a lot of competition when it comes to constructing residential plots; there just is not any room to expand sideways, so the only logical solution is to go upwards. This is where apartments come useful, you can easily cramp a dozen families comfortably across multiple stories, all the while occupying the ground space of a normal plot.

Apartments are the ideal choice for tenants:

As Riyadh is a business capital of Saudi Arabia and it is frequented by many local as well foreign people; it is necessary to have some sort of temporary residence, which is more feasible than staying at a hotel. Nowadays, you can easily get non-furnished or furnished apartment for rent - شقق للايجار in Riyadh, and as a tenant, you will get complete possession for the duration of your contract. There are many kinds of furnished apartments for rent in Riyadh; ranging from the typical 2-3 rooms apartment which are cheap and easy to find, to even include premium ones that are nicely furnished and are usually in posh locations.

How to find the best and affordable Furnished Apartments for rent:

Your choice of the best apartment obviously depends on what you are willing to spend, as well as the location, which you find most feasible. If affordability is the top priority in your list, then we suggest you look around near Al Yarmuk, Ishbiliyah, and Al Munsiyah since these are reasonable localities where you can often find good value apartments that can cost a comfortable 1500-3500 SAR per month. These are normally 2 or 3 room apartments that offer good space for conservative lifestyle. You can choose whether you want to have a furnished or non-furnished apartment. The rental prices usually cited on most real estate agency’s brochures are those for non-furnished apartments, if you wish to have it furnished before-hand then you might expect an additional expense of around 1000 SAR for all the bare necessities in terms of furniture, but it all depends on taste really; you can have any kind of furniture installed as you wish. You should patiently browse among the different estate agencies, never rush towards any decision. One thing to keep in mind is that apartments for rent in the city center might cost you around 3500 SAR, while those are outside might be low; around 2235 SAR, so work out which locations are suitable for you.

Summary:

To conclude, Riyadh is a great place to seek your future, and it provides proper growth opportunities without having to restrict in the way of luxuries either. Cost of living and residential rent is manageable.