The number of families who moved into their homes by taking advantage of housing and financing solutions during the past quarter reached 55 thousand families, while 46,904 families benefited from the housing options and services that were offered, and the number of those who chose the subsidized mortgage loan to buy ready-made housing units reached more than 18 thousand families among the various options, while the rest of the families preferred the option of self-construction, residential lands within “Sakani” plans, and subsidized mortgage loan to buy housing units under construction.

The number of families who chose the subsidized mortgage loan to buy housing units under construction amounted to 55 thousand families.

April Report

Includes The April Residential Report highlighted its achievements during the first quarter of this year 2022, and the report showed the number of families who lived in their homes during last March by benefiting from the housing options and financing solutions provided by the program, numbering 20,729 families, while 16,662 families benefited from the various services of “Sakani”.

Housing Land Contracts

Sakani issued 10,716 electronic contracts for residential land to Saudi families benefiting from the program during the first quarter of this year, including 1,837 contracts issued in March through the “Sakani” application.

The program issued 10,716 electronic contracts for residential land to Saudi families benefiting from the program during the first quarter of this year.

Off-plan sales project licenses

For its part, Wafi issued 133 licenses for off-plan projects during the first quarter of 2022, including 32 licenses to sell residential projects providing 11,355 units, and approved the completion of 3 projects.

For its part, the off-plan sale or rental program “Wafi” issued 133 licenses for off-plan projects during the first quarter of 2022. <The program explained that the issued sales licenses included 17 projects providing 11089 housing units, in addition to 15 sales licenses for small and medium-sized projects providing 266 units. Indicating that 3 projects providing 213 housing units between large, small and medium projects have been completed.

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First Quarter Achievements of the Residential Program

55,000 families have moved into their homes.

46,904 households from housing options.

<18 thousand families chose the subsidized loan to buy ready-made units. 10,716 electronic contracts for residential land.

133 licenses for off-plan projects.

March (April report)

20,729 households moved into their homes.

16,662 families benefited from the services of “Sakani”.

16,662 families benefited from the services of "Sakani".