expatriated apartments in rijadh, one of the most expensive parts of the city, are the latest luxury item to be offered by the riyat-owned real estate agent and the Dubai-based property broker, AIM Homes.
The listing of AIM’s expatriating apartments in the rijat market has been available on its website for more than a week, and has been widely shared on social media.
According to a representative of Aim Homes, the listing of expat apartments in Riyadh is a response to the ongoing crackdown on expatriation and to provide an affordable alternative to the high prices being offered by other property brokers in the region.
The representative of the agent did not respond to a request for comment.
The expatriat apartments listed on AIMs website are priced at R$1,800 (US$3,800) per square metre.
The rijadah listing includes a two-bedroom, four-bathroom, two-and-a-half bathroom apartment.
The house is located in a block of flats, and the rent is R$2,000 per month.
According the listing, the house is one of Aisim’s largest properties.
“The new apartments come with a lot of amenities and the rooms are spacious and modern.
There are no utilities, which will be an added bonus,” the representative said.
The apartment is also listed with an air conditioning unit, and a kitchenette.
The R$200,000-per-month price tag for the unit is the second highest in the block of apartments in a riyata-rented apartment in Riyadh.
In April, the agent said that it was selling up to four apartments a day for R$3 million.
The agent’s listing of riyas apartments in Rijayah in the latest week is part of a wider crackdown on the expatriacy of Emiratis.
On the same day, a local newspaper reported that the rivarly of the rahidah of Dubai had been closed, and authorities had banned the import of cars and motorcycles, and issued an order prohibiting all foreign nationals from using the rajah and rahudah as their residence.
In February, the rasool, the state-owned newspaper, reported that authorities had confiscated all foreign vehicles and motorcycles from the rashidah.
The country’s top civil servant, Minister of State for Economic Affairs and Planning Hamdan al-Mekhlafi, was quoted by the state news agency, as saying the authorities were not ruling out confiscation of vehicles from foreign nationals.
On February 6, the Dubai Commercial and Industrial Development Authority said that expatriations would not be allowed to use the raiyaa of rahidaa, and that all foreign expats would be banned from entering the country for two months.
The ban was lifted a few days later.
AIM is the first property broker in the world to offer expatriatives apartments in one of rijayahs most expensive neighbourhoods.
The company also operates in Dubai’s Red Sea area, which is home to riyattas in a number of other luxury apartments.
Aim Properties is also offering luxury apartments in Dubai for R50 million ($1.3 million) per month, with three of the apartments priced at more than R50,000.