{"id":67523,"date":"2024-07-24T14:22:45","date_gmt":"2024-07-24T11:22:45","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=67523"},"modified":"2025-11-26T02:53:01","modified_gmt":"2025-11-26T02:53:01","slug":"%d8%a7%d9%84%d8%b5%d9%86%d8%af%d9%88%d9%82-%d8%a7%d9%84%d8%b9%d9%82%d8%a7%d8%b1%d9%8a-%d8%a5%d9%8a%d8%af%d8%a7%d8%b9-996-%d9%85%d9%84%d9%8a%d9%88%d9%86-%d8%b1%d9%8a%d8%a7%d9%84-%d9%81%d9%8a-%d8%ad","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/67523\/","title":{"rendered":"Real Estate Fund: 996 million riyals deposited in the accounts of \u201cResidential\u201d beneficiaries for July 2024"},"content":{"rendered":"

I declare Real Estate Development Fund<\/a><\/strong> Today, 996 million riyals were deposited into the accounts of the beneficiaries of \u201cResidential<\/a><\/strong>\u201dFrom the Ministry of Municipalities and Housing and the \u201dReal Estate Fund\u201d for July 2024.\".<\/p>\n

Mansour bin Madi, CEO of the Real Estate Fund, explained that the total subsidy for June, amounting to 996 million riyals, was allocated to subsidize the profits from various housing support programs, with the aim of improving beneficiaries\u2019 ability to own homes and thereby achieve the housing program\u2019s objectives.<\/p>\n

Bin Madi said that the program Housing support<\/a><\/strong> Beneficiaries of the residential units under construction program receive immediate, non-refundable support of up to 150,000 riyals upon signing the financing contract, and are eligible to take advantage of the \u201cYour Support Equals Your Installment\u201d financing solution, noting that the \u201cYour Support Equals Your Installment\u201d financing solution allows beneficiaries of the residential units under construction program to choose between owning the unit with a monthly installment equal to the monthly housing subsidy amount, or taking advantage of the down payment support package and paying a monthly installment of only 400 riyals until the residential unit is received.<\/p>\n

It is worth noting that the Real Estate Development Fund provides housing support program services online through the Fund\u2019s website, It has also launched a real estate advisor service to enable beneficiaries to tailor their housing support and receive the best financing and housing recommendations, while the unified call center at 199088 and social media channels respond to beneficiaries\u2019 inquiries and questions.<\/p>","protected":false},"excerpt":{"rendered":"

Reading time: <\/span> < 1<\/span> Minute<\/span><\/span>The Real Estate Development Fund announced today that it has deposited 996 million riyals into the accounts of \u201cSakani\u201d beneficiaries from the Ministry of Municipalities and Housing and the \u201dReal Estate Fund\u201d for the month of July 2024. Mansour bin Madi, CEO of the Real Estate Fund, explained that the total June subsidy of 996 million riyals was allocated to support profits from various housing subsidy programs, with the aim of improving beneficiaries\u2019 ability to own homes in order to achieve the targets \u2026 Read 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