«Real Estate Fund» deposits more than one billion riyals in the accounts of «Residential» beneficiaries for the month of May

1.022 billion riyals were deposited to support the profits of contracts for housing support programs and enhance the ability of beneficiaries to own homes.
Real Estate Development Fund - Housing Subsidies

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The Real Estate Development Fund announced today the deposit of one billion and twenty-two million riyals in the accounts of the beneficiaries of the “Sukni” program from the Ministry of Municipalities and Housing and the Real Estate Fund for May 2025.
The Fund's CEO, Mansour bin Madi, explained that the total support for the month of May was allocated to support the profits of the contracts of the various housing support programs, with the aim of supporting and improving the ability of beneficiaries to own housing, to achieve the objectives of the housing program, one of the programs of the Kingdom's Vision 2030.
Bin Madi called on the beneficiaries of the self-construction product to take advantage of the financing offer offered for the product in partnership with a number of financing entities, which reaches 2,99%, in addition to the financing solutions and benefits, most notably the self-construction package, which provides immediate non-refundable support up to 150 thousand riyals, in addition to the financing solution “Your support equals your installment”; to facilitate the ownership journey of “self-construction” beneficiaries until the building is completed and ready for housing.

It is noteworthy that the Real Estate Development Fund provides the services of the housing support programs electronically through the Fund's electronic portal, in addition to the “Real Estate Advisor” service; to enable beneficiaries to design their housing support and obtain the best financing and housing recommendations.