Create content organizer rule using csom PowerShell

CreateContentOrganizerRule.ps1

# replace these details (also consider using Get-Credential to enter password securely as script runs).. 
$username = "SomeOne@SharePoint.onmicrosoft.com" 
$password = "YourPassword" 
$url = "https://YourSite.sharepoint.com"

$securePassword = ConvertTo-SecureString $Password -AsPlainText -Force 

# the path here may need to change if you used e.g. C:\Lib.. 
Add-Type -Path "c:\Program Files\Common Files\microsoft shared\Web Server Extensions\15\ISAPI\Microsoft.SharePoint.Client.dll" 
Add-Type -Path "c:\Program Files\Common Files\microsoft shared\Web Server Extensions\15\ISAPI\Microsoft.SharePoint.Client.Runtime.dll" 


# connect/authenticate to SharePoint Online and get ClientContext object.. 
$clientContext = New-Object Microsoft.SharePoint.Client.ClientContext($url) 
$credentials = New-Object Microsoft.SharePoint.Client.SharePointOnlineCredentials($username, $securePassword) 
$clientContext.Credentials = $credentials 

if (!$clientContext.ServerObjectIsNull.Value) 
{ 
    Write-Host "Connected to SharePoint Online site: '$Url'" -ForegroundColor Green 

    $web = $clientContext.Site.RootWeb
    $listRoutingRules = $web.Lists.GetByTitle("Content Organizer Rules")#RoutingRules
    $clientContext.Load($listRoutingRules)
    $clientContext.ExecuteQuery()

    #Add an item to the list
    $ListItemInfo = New-Object Microsoft.SharePoint.Client.ListItemCreationInformation
    $Item1 = $listRoutingRules.AddItem($ListItemInfo)
    $Item1["Title"] = "Asad Test Rule"
    $Item1["RoutingRuleName"] = "Asad Test Rule"
    $Item1["RoutingRuleDescription"] = "Asad Test Rule"
    $Item1["RoutingPriority"] = 1
    $Item1["RoutingEnabled"] = $true
    $Item1["RoutingContentType"] = "Your Content Type Name"
    $Item1["RoutingContentTypeInternal"] = "0x000000000000000000000000000000000000000000000000000000|Your Content Type Name"
    $Item1["RoutingConditions"] = '<Conditions><Condition Column="xxxx-xxx-xxx-xxx-xxxxxx|ColumnName|Column Name" Operator="EqualsOrIsAChildOf" Value="1;#Value|xxxx-xxx-xxx-xxx-xxxxxx" /></Conditions>'
    $Item1["RoutingConditionProperties"] = "Condition Property"
    $Item1["RoutingAliases"] = "Alias Name"
    $Item1["RoutingTargetLibrary"] = "Target Library"
    $Item1["RoutingTargetFolder"] = ""
    $Item1["RoutingTargetPath"] = "/sites/YourSite/Target Library"
    $Item1["RoutingAutoFolderProp"] = "Folder Property"
    $Item1["RoutingAutoFolderSettings"] = '<AutoFolder><Properties><Property Name="AutoFolderEnabled" Value="True" /><Property Name="AutoFolderPropertyName" Value="Your Value" /><Property Name="AutoFolderPropertyInternalName" Value="YourValue" /><Property Name="AutoFolderPropertyID" Value="xxxx-xxx-xxx-xx-xxxxx" /><Property Name="AutoFolderPropertyFormat" Value="%1 - %2" /><Property Name="AutoFolderPropertyTypeAsString" Value="TaxonomyFieldType" /><Property Name="AutoFolderPropertyTermStore" Value="xxxx-xxx-xxx-xxx-xxxxxx" /></Properties></AutoFolder>'
    $Item1["RoutingCustomRouter"] = ""
    $Item1["RoutingRuleExternal"] = $false
    $Item1.Update()
    $clientContext.ExecuteQuery()
    Write-Host "Rule created successfully" -ForegroundColor Green
} 

Same behavior than @benstegink even if completing the provisioning by setting the linked property bags. Is there any additional task to achieve to get it work ?