<The Director General of the Real Estate Development Fund, Engineer Yousef bin Abdullah Al-Zughaibi, confirmed the Fund's intention to finance the owners of approved planned lands in the main targeted cities “Makkah, Riyadh, Jeddah, Dammam, and others”, according to specific conditions, the most important of which are: The area of each of the residential plots in these plans does not exceed 600 m2, and can be divided into two pieces, and that the owner of the plan is committed to selling them on the map under the supervision of the Authority of Certified Residents, and at the prices they offer before the beginning of the implementation of these services, and that this financing is a good loan whose duration does not exceed 10 years.

Al-Zughaibi indicated that the Fund will study the subject of this financing in its next session, which will be held during the holy month of Ramadan, in order to prepare the infrastructure in these plans, indicating that it can coordinate in this regard with banks, provided that the Fund is a guarantor of the loan provided to the owners of the plans.