Ajdan Real Estate
Raseen Sidra is a residential project developed by Ajdan Real Estate, The offer remains valid until all units are sold out. (32 units)
Valid to: September 30, 2026
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About Offer
Raseen Sidra is a residential project developed by Ajdan Real Estate, strategically located in Riyadh, offering modern residential units designed to meet the needs of homebuyers.
-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 (REDF) and also customers who are no eligble for REDF support able to this offer also expats segment.
- Financing term up to 30 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 REDF customers .
- Option to use the flexible installment feature.
- Fully compliant with Islamic Sharia principles.
- Competitive annual profit rate starting from 3.26%.
- This offer is for Saudis and expats
- The client must be employed by a public sector or private sector.
- 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.