Luxdar manages luxury Riyadh apartments as furnished, serviced residences. The rent stays yours; we take a percentage of what we collect. No management, no tenant calls, no empty months you have to chase.
Luxdar does not lease your unit and sublet it. You stay the owner and the landlord of record. We market it, place the tenants, keep it running, and collect the rent on your behalf — then take a management fee on what's actually collected.
Paid on a fixed monthly schedule with a statement showing every booking, every deduction and every night sold.
Our fee is a share of collected rent, agreed before we list. If the unit earns nothing, we earn nothing.
You fund the furnishing and it remains your asset. We specify it to Luxdar standard and can deliver the fit-out through our partners.
No head lease, no assignment. A management agreement you can exit on notice.
A visit and an honest read on whether it belongs on the Luxdar portal, and what it should earn.
Fee, payout schedule, pricing floor and notice period, agreed before anything is spent.
You fund the furnishing to our specification. We photograph it and capture the 3D tour.
Live on the portal, tenants placed, and a monthly statement from the first payout onward.
The Luxdar portal is a curated shortlist, not a listing board. We would rather manage six residences properly than sixty badly.
Every unit on the portal is managed by us directly — nothing listed that we don't run.
One team for listing, cleaning, maintenance and tenants. No subcontracted handoffs.
Captured with Realsee LiDAR in-house, so a tenant can walk the unit before enquiring.
A percentage of the rent we collect, agreed in writing before your unit is listed. It varies with the size of the unit and how much of the operation we take on, so we quote it after seeing the property rather than publishing one number.
No. We are not taking a lease on your unit, so we don't promise a fixed monthly figure. You keep the upside when the unit performs, and we only earn when it does.
You do, and you own it. We specify it to the standard the portal requires and can deliver the fit-out through our Riyadh partners.
A management agreement with a notice period, not a head lease. Your unit is never assigned or sublet away from you.
We do — enquiries, screening, contracts, check-in, cleaning, maintenance and support. You get a monthly statement, not phone calls.
Yes, with notice, so we can block the dates before they're sold.
District, size and a few photos on WhatsApp. We'll tell you whether it belongs on the portal and what we'd expect it to earn.