13,000 requests for mortgage relief in the first half

2 Unlocking Mortgages

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The number of requests for received by the Real Estate Development Fund, more than 13 thousand applications for beneficiaries of housing support programs until the end of the first half of 2022.

Mansour bin Madi, CEO of the Real Estate Development Fund, explained that all applications were handled electronically according to the electronic link with the Ministry of Justice.

Mansour bin Madi, CEO of the Real Estate Development Fund, explained that all applications were handled electronically. Bin Madi explained that the Fund received 7,200 applications electronically with quick steps that saved the beneficiary time and effort to visit the Fund's headquarters or the judicial authorities to make the request, explaining that the Fund deals with the request for the mortgage release service electronically and after completing the request, reviewing, auditing and processing it on the loan system, it is sent electronically to the Ministry of Justice to release the mortgage and create a new deed.

Bin Madi explained that all applications were handled electronically according to the electronic link with the Ministry of Justice.