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Mohammad Al Habib Real Estate

You can acquire a residential unit through the off-plan sale product

Valid to: September 30, 2026

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About Offer

Project Eyal Sadayem is one of the developments of Mohammad Al Habib Real Estate. You can acquire a residential unit through the off plan sale product, which the bank offers as a financing solution. This option is available to beneficiaries of the housing support programs who wish to own a residential unit.

-Financing Amount: The loan amount approved for the client and recorded in the budget.
-Maturity (Due Date): The contractual maturity date for the financing product, i.e., the final payment date when the principal and all accrued profits are fully repaid.
-Monthly Installment Amount: The amount the client must pay to the bank or financing company each month until the loan is fully settled.
-Market Value of the Property: The price negotiated between a serious buyer and a serious seller in a fair, transparent transaction, after meeting the banks’ appraisal criteria. It cannot be the listing price or the amount of the most recent offer.
-Loan to Value Ratio (LTV): The percentage of the loan amount relative to the property’s market value, as determined by the bank or financing company.
-Repayment Type: Either profit only repayment or a combination of principal and profit, or another agreed method.
-Early Repayment Fee: A fee the client must pay to the financing entity if the loan is repaid early, before the scheduled maturity date.

How to Apply
-Visit the nearest branch.
-Call us at 800 124 1222.
-Contact the bank’s representatives at the project’s sales centre.

Terms and Conditions

  • Available to all customers, beneficiaries of housing support programs
  • Financing term up to 25 years.
  • Financing can be extended beyond retirement age up to 75 years (or 77 years for retirees).
  • Competitive, fixed profit margin for the entire financing period.
  • Grace period on the principal installment of up to 36 months for supported customers.
  • Option to use the flexible installment feature.
  • Fully compliant with Islamic Sharia principles.
  • Competitive annual profit rate starting from 1.10 %.
  • The client must be Saudi
  • The client must be employed by a public sector or private sector entity.
  • Net monthly income must be at least SAR 5,000.
  • Salary transfer is not required.
  • The offer remains valid until all units are sold out.
For more information