Off-plan sale in the form of leasing described as a liability (Available)
The beneficiary wishing to obtain real estate financing in one of the approved off-plan sales projects, which is guaranteed by the off-plan sales committee and under its supervision during the implementation period, and the customer can communicate with the contact numbers of the company to know the approved projects.
Advantages and benefits
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Compatible with the regulations of the Sharia Committee .
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Benefit from the easy mortgage advantage provided by the Real Estate Development Fund.
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Fixed rental rate throughout the contract period.
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Financing period of up to 30 years.
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Possibility of financing without salary transfer.
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A deduction of up to 65% of the salary.
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The possibility of solidarity.
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Quality work and granting guarantees on the implementation of real estate units by the off-plan sale committee
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Benefit from the housing support programs of the Ministry of Housing and the Real Estate Development Fund, and benefit from the advantages of soft financing and other programs of the Ministry of Housing.
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Benefit from financing real estate units during construction at low prices in off-plan sales projects .
Conditions and required documents
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The customer must not be less than 21 years old
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The client must be on the job for more than 3 months
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The client’s monthly income must not be less than 7,000 Saudi riyals
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The client must be a beneficiary of the Real Estate Development Fund or the Ministry of Housing
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The client must not be more than 75 years old One year after the last payment of monthly installments
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The property must be among the projects approved by the Ministry of Housing (Wafi Committee)