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Accommodation is Jeddah is certainly not cheap. I think it'll be difficult to find a villa for SAR 90,000 but you should be able to find a 2 bedroom apartment for around SAR 90,000 -100,000.
It might also be an idea to enquire with your employer to see whether they have any contacts within the compounds that can offer you a better rate on accommodation.
Check out our Accomodation in Jeddah page for more details on the housing situation in the city as well as a few recommended compounds for expats.
Good luck.