Riyadh is an Arabic word which means the garden in English. It is the capital as well as the largest city of the Kingdom of Saudi Arabia. The city is also the capital of the province of Riyadh. The city is situated on the centre of Arabian Peninsula and has a population of around 5.25 million people. The city is divided into 15 municipal sectors which are headed by the Riyadh Municipality which itself is governed by the mayor of Riyadh. The current mayor of Riyadh is Abdullah bin Abdul Rehman Al Mogbel which was appointed in the year 2012. The city is famous for its all female university which is the largest female only university in the whole world.It is also called the beta world city.
Riyadh, formerly a small walled city has attained the shape and status of a large metropolitan city in the modern times. It is one of the richest countries in the whole Middle East. The city is also one of the largest commercial hubs of Saudi Arabia and contains a number of educational, financial, agricultural, technical and social organizations that have made the city the largest commercial sector in the area. The most of the architecture of the city is quite modern and consists of high rise buildings and towers. However there are a few areas present in the city as well that have been built in the pre 20th century style. The government is promoting private sectors in the city and is privatizing a lot of government owned companies such as power and telecommunication companies. As a result of this promotion by the government, a lot of companies are entering the markets of Saudi Arabia and are making Riyadh their headquarter. The city is considered the center of financial and business activities of the Middle East.
Due to these traits, a lot of people are moving in the city of Riyadh to find jobs and earn their livings. A lot of real estate companies in Riyadh are developing new structures, both commercial and residential to accommodate the growing population in the city. There are many offices space and buildings being constructed on the King Fahad and Al Olaya roads which are famous for their office structures. Many new residential properties are also being constructed by these firms. These residential properties include apartments, houses and villas.
Riyadh is considered as one of the fastest growing housing market among the rest of the cities of the country. Over the past decade, the population of the city has been growing at a steady rate resulting in an increase in the demand of the residential units. A lot of houses for sale and rent are being constructed and made available to the people living in the city.
A lot of real estate agents have also started working in the city of Riyadh. These agencies provide houses and apartments for sale news to the potential buyers and clients that wish to buy the residential structure in the city. These agencies also provide assistance and help to the people who are seeking property for rent in the city or want to sell their properties.
Alice has many years of knowledge as a real estate agent. Now she works as a consultant to other real estate professional. If any of our reader’s has any query, suggestion, you can contact through this blog.
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