In support of the construction sector, the Off-plan Sales Program has issued a license to sell off-plan real estate units (residential apartments) for the Rafal Living project located in Riyadh, which has a total area of 46,236.57 thousand m2, while the total number of residential units is 300 units.

The Off-plan Sales Program has issued a license to sell real estate units on an off-plan basis.

The program explained in a statement that the total value of the project is estimated at SAR 864 million, and it is expected to be completed in the fourth quarter of next year 2017, with a completion rate of 16%.

The program explained in a statement that the total value of the project is estimated at SAR 864 million.

The program is one of the ways to own a property that allows the buyer to obtain the property with high quality and lower cost, in addition to allowing the real estate developer to obtain direct financing for the project through the buyers' payments and without interest rate, unlike other means of financing, which helps reduce project costs, in addition to contributing to the creation of investment opportunities and real estate projects in a variety of ways, providing the highest levels of confidence and security among dealers in this field, and protecting their rights through the systems and procedures that ensure this.