“Zara'a Residence Plus A new mechanism that facilitates access to housing subsidies in easy steps

The Fund announces the steps to register after eligibility for direct housing support and financing through the "Real Estate Advisor" and "Sakany" platforms.
Real Estate Development Fund - Your Subsidy Equals Your Installment - Direct Lending

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As part of Real Estate Development Fund “s continuous efforts to provide easy housing and financing solutions that enable citizens to own a suitable home, the Fund announced the mechanism of registration after eligibility in the ”Zakan Plus" product, which comes with the aim of simplifying procedures and facilitating the beneficiaries" journey to benefit from housing support quickly and effectively.

Zakan Plus

Easy steps to benefit from housing support

The Real Estate Development Fund (REDF) has outlined a set of steps that beneficiaries must follow to ensure full utilization of the peak housing plus product, which include:

    • Logging in to the Real Estate Advisor of the Real Estate Development Fund and selecting the housing product “under construction” in accordance with the beneficiary's desires and needs.
    • Choosing the appropriate housing support package, which varies to meet different categories and provides flexible financing options.
    • Issuance of a solvency certificate that proves the beneficiary's financial ability to bear the financing obligations, which is an essential step to ensure eligibility for support.
    • Logging in to the “Sakani” platform to book the appropriate housing unit within the available options in the program.
    • Printing the price offer for the residential unit, then heading to the financing entity of the beneficiary's choice to obtain the appropriate financing.
    • Sign the financing contract and the support package contract with the financing entity, to ensure obtaining the subsidized financing from the Real Estate Fund.
    • Completing the procedures through the Real Estate Development Fund platform to document all documents related to housing support.
    • Entering the bank account number “Zara Plus” to receive the amount of housing support directly through the registered bank account.

    Real Estate Development. Continuous efforts to achieve housing stability

    The “Peak Housing Plus” product comes within a package of programs and initiatives launched by the Real Estate Development Fund to support citizens and enable them to own the right home, in line with the objectives of the Kingdom's Vision 2030, which places housing stability and enhancing the quality of life at the top of its priorities.

    The Real Estate Development Fund is keen to achieve housing stability and enhance the quality of life.

    Real Estate Fund is keen to provide various support packages and flexible financing options suitable for different eligible segments, to ensure the expansion of the beneficiary base and increase the rates of residential ownership, which enhances the stability of Saudi families and realizes their aspirations in obtaining a home that meets their aspirations.