Real Estate in Jubail, Saudi Arabia
Last updated on Jun 02, 2024
Summary: Expats and retirees talk about real estate in Jubail, Saudi Arabia? How do you find a home in Jubail? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Jubail?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Jubail, involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a large villa, depending on your needs and financial capabilities. Next, you should research the different neighborhoods in Jubail to find one that suits your lifestyle and preferences. Some popular residential areas include Al Huwailat, Al Mardumah, and Al Fanateer. Consider factors such as proximity to work, schools, shopping centers, and other amenities. Once you've identified a suitable area, you can start your property search. There are several online real estate platforms that list properties for rent or sale in Jubail, such as Bayut, Propertyfinder, and expatriates.com. These websites allow you to filter properties based on location, price, size, and other features. Alternatively, you can engage the services of a real estate agent. They can provide valuable local knowledge, help you navigate the property market, and negotiate with landlords or sellers on your behalf. Make sure to choose a reputable agent who is registered with the Saudi Ministry of Housing. Before finalizing a rental or purchase agreement, it's important to visit the property in person. Check the condition of the property, ask about maintenance services, and ensure that all utilities are functioning properly. Finally, once you've found a property you're happy with, you'll need to sign a contract. In Saudi Arabia, rental contracts are usually for a period of one year and require a deposit. If you're buying a property, you'll need to go through the legal process of transferring ownership. It's advisable to hire a lawyer to help with this process to ensure everything is done correctly. Remember, moving to a new place can be challenging, so take your time to make the right decision," remarked one foreigner who made the move to Jubail.
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What is a typical expat home or apartment like in Jubail?
"Expat homes or apartments in Jubail, are typically modern and spacious, designed to accommodate both individuals and families. They often come fully furnished with contemporary furniture and appliances, including air conditioning, which is essential in the desert climate. The living room is usually large and comfortable, often with a separate dining area. The kitchen is typically equipped with modern appliances such as a refrigerator, stove, and sometimes a dishwasher. Bedrooms are usually spacious, with master bedrooms often having an en-suite bathroom. Some apartments may also have a guest bathroom. Depending on the size of the apartment, there may be one to three additional bedrooms. Many expat homes in Jubail are located in secure compounds that offer a range of amenities such as swimming pools, gyms, and playgrounds. These compounds often have a strong sense of community, with various social activities and events for residents. In terms of location, many expat homes are conveniently situated close to international schools, shopping centers, and healthcare facilities. Some may also offer a view of the Arabian Gulf. Despite being in a desert region, many homes have small gardens or balconies, providing some outdoor space. Overall, expat homes in Jubail are designed to provide a comfortable and convenient living environment, with a blend of Western and Middle Eastern architectural styles," explained one expat living in Jubail, Saudi Arabia.
What is the average cost of housing in Jubail?
If you are thinking about moving to Jubail, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Jubail can vary greatly depending on the type and size of the property. For instance, a standard two-bedroom apartment in the city center may cost around SAR 1,500 to SAR 2,500 per month. For larger, more luxurious properties or villas, the cost can go up to SAR 100,000 per year or more. It's also worth noting that the cost of housing in Jubail is generally considered to be lower than in larger cities like Riyadh or Jeddah," explained one person living in Jubail, Saudi Arabia.
Should I buy or rent a home in Jubail?
If you have not spent a lot of time in Jubail, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Jubail, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Jubail for a long period, buying a home could be a good investment. Owning a home allows you to build equity over time and could provide financial security in the future. However, buying a home also comes with significant upfront costs, including a down payment, closing costs, and maintenance expenses. It also requires a long-term commitment, as selling a home can take time and effort. If you're not sure about your long-term plans or if you prefer not to deal with the responsibilities of homeownership, renting might be a better option for you. Renting a home in Jubail offers more flexibility. It's a good option if you're planning to stay in the city for a short period or if your job requires you to move frequently. Renting also allows you to avoid the large upfront costs associated with buying a home. Plus, you won't have to worry about maintenance costs or property taxes, as these are typically covered by the landlord. However, renting doesn't allow you to build equity, and you won't see a return on the money you spend on rent. Additionally, you may face annual rent increases, and you'll have less control over your living space compared to owning a home. In conclusion, whether you should buy or rent a home in Jubail depends on your financial situation, how long you plan to stay, and your personal preferences. It's important to weigh the pros and cons of each option and consider seeking advice from a financial advisor or real estate professional," explained one expat living in Jubail, Saudi Arabia.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
Other Questions:
- What do I need to know before moving to Jubail?
- What is a typical expat home or apartment like in Jubail?
- What is the average cost of housing in Jubail?
- How do I meet people in Jubail?
- What do I need to know before retiring in Jubail?
- What should I pack when moving to Jubail?
- Where should I setup a bank account in Jubail?
- Will I be able to find a job in Jubail?
- What is life like as an expat in your area?
- What do people like (and dislike) about Jubail?
- What type of social life can someone expect in Jubail?
- What is the social scene like in Jubail?
- What advice to expats in Jubail have about housing?
- What are medical services in Jubail like?
- Are healthcare and health insurance expensive in Jubail?
- Is the cost of living in Jubail high?
- What are the visa & residency requirements in Jubail?
- Why do people move to Jubail?