Properties for sale in Yanbu
The City By The Coast – Yanbu
The west coast of Al Madinah province contains a treasure called Yanbu. Situated along the beautiful Red Coast, Yanbu is the second largest port city in the Kingdom after Jeddah. Yanbu has much more to its credit than just being a port city.
It is the hub of the petrochemical industry in Saudi Arabia. The city was a small village along the coast, relying on fishing, for a long time. Its world turned around for the better when the government designated it to be developed as an industrial city in 1975.
The other city assigned to industrial development was Al Jubail, along the Persian Gulf, in the Eastern Province. Yanbu underwent massive growth and progress in a short term and today stands at the forefront of petrochemical industry in the country.
Apart from being the second-largest port in Saudi Arabia, Yanbu also serves as the sole port for the holy city of Medina. The importance of this port-city is immense for the Kingdom.
The city is home to oil refineries, plastic facilities, petrochemical plants and is also a key shipping terminal in the region. The petrochemical industry has brought in many expats to the city for work purposes. The properties for sale in Yanbu are always sought after for this particular reason.
These properties successfully generate a steady stream of revenue for the landlords, because the properties for rent in Yanbu are what every expat coming here is seeking.
This is the same reason properties for rent in Jeddah are in demand.
Living In Yanbu
If you have plans to settle in Yanbu, you must be in search of good property bargains. Before you begin, you should know the two neighborhoods for living in Yanbu. According to your budget and preferences, you can either opt for the downtown area of Yanbu Al Balad, towards the north of Yanbu.
Or you can dwell in the Yanbu Al Sinaiya, in the south of the city. You can find properties ranging from one bedroom apartments for rent in Yanbu to villas for sale in Yanbu in either part of the town. The downtown area is the more budget-friendly option. This is the perfect area for those who prefer the hustle and bustle. Saudi nationals and expats from South Asia and Middle East make up most of its population.
If you are looking for gated communities like the compounds for rent in Jeddah, you should check out Arabian Homes. This gated community caters to the expat population of the downtown. The area is closer to the Yanbu airport. Even though the area has great historical value it is still in the process of being modernized.
New malls, shopping districts and hotels are springing up rapidly. For those who prefer to live in a calmer environment, there is Yanbu Al Sinaiya in the south. The area was established by the royal order to develop a Royal Commission. The residential sector is near the Royal Commission Headquarters.
The area is more on the expensive side. Mostly inhabited by the upper class Saudi locals and expats from the west. The area hosts international chains of restaurants and hotels, shopping malls, supermarkets, banks, hospitals, schools and cafes.
The Cave, an elite private, gated residential compound built around a private lagoon, is situated in Yanbu Al Sinaiya. For all your property related queries, check out propertyfinder.sa, where authorized real estate agents list all the properties.