Finance & Investment

Details of the Real Estate Fund's launch of a service to extend the deadline for disbursement of financing payments

Reading time: 2 Minutesأطلق صندوق التنمية العقارية، خدمة إلكترونية جديدة تُتيح لمستفيدي مُنتج “البناء الذاتي”، و”أرض وقرض”، ممن تجاوزوا المدة النظامية 36 شهرًا ولم يكملوا مراحل بناء منازلهم ... Read more

An e-service that enables beneficiaries of "self-construction" and "land and loan" who exceed 36 months to request an extension of up to 16 months within 90 days.

04/08/2024

Real Estate Development Fund - Your Subsidy Equals Your Installment - Direct Lending
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Banks and finance companies provide SAR 950 billion in real estate loans by the end of the first quarter

Mortgage loans recorded an annualized growth of 15% by the end of Q1 2025, with banks accounting for 97% and individuals for 76%.

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It enables beneficiaries to finance up to 95% and reduce the payment to 5%, benefiting more than 114,000 citizens.

Majid Al-Hogail - Off-plan Real Estate Sale and Leasing System

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Real Estate Development Fund - Your Subsidy Equals Your Installment - Direct Lending

“Real Estate Fund: Extension of the ”Easy Mortgage“ program supports beneficiaries” ownership of their first home

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Abdullah bin Falwan- 95th National Day

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Expert Nabil Al Mubarak warns against mortgage borrowing for young people in Riyadh and advises that the installment should not exceed 45% of the salary.

Real estate marketing

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Matar Al-Shammari warns against emptying the property before making sure there is electricity and water and that there are no violations preventing the connection.

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