Off Plan via Al Rajhi Mobile

Off Plan via Al Rajhi Mobile

The off-plan product is now available on Al Rajhi Mobile..

You can enter the application and choose your home from our group of accredited real estate developers

  • Features
  • Requirements
  • How to apply?

Off Plan

  • Offered to all bank customers via Al Rajhi Mobile who are supported from Real Estate Development Fund and Sakani
  • Finance tenor up to 25 years
  • Fixed profit margin through entire tenor
  • Sharia compliant
  • APR starting from 2.9 %
  • No Admin Fees for selected projects*


*Terms and Conditions for Refunding Admin fees:

  • Customers are eligible to have the offer only one time regardless of the ‎number of contracts
  • Admin Fee Waiver is subject to the condition that the customer must have one of ARB (Credit / Charge / Prepaid) Visa Cards.
  • Admin Fee Waiver Cash Back will be credited to the card’s account within 7 working days’ subject for the customer having ARB card issued & activated
  • Cashback will be given to active and non-delinquent cards
  • Customer would need to ensure having an active card before 30 September 2021 in order to obtain the refund
  • Offer duration is valid from 11 August 2021 until 30 September 2021
  • Refunding the admin fee includes only new applications for following projects only





Al Mozaini

East Gate


Al Tahaluf Real Estate Company

Ishraq Living


Eadarah for Development & progress

Worood City


Ladun Investment




  • Saudi Nationals.
  • The applicant must be employed by one of the Government/Semi Government or Private sectors
  • Minimum monthly salary of SAR 3,500.
  • Salary Transfer

How to apply?

  • Apply online via Al Rajhi Mobile

Al Rajhi Bank is controlled and supervised by SAMA.


Asset Type

Finance Amount

Maturity In Years


Monthly Repayment Amount

Residual Value























Disclosure of APR on Financing and Saving

The Annual Percentage Rate (APR):

It is the discount rate at which the present value of all payments and installments that are due from the Borrower, representing the Total Amount Payable by the Borrower, equals the present value of all payments of the Amount of Financing available to the Borrower on the date on which the Financing amount or the first payment thereof is available to the Borrower. This is defined as per Article 81 of Implementing Regulations of the Finance Companies Control Law. In simple terms, APR is computed by adding all the upfront fees, charges and commissions charged from the customers and calculated on an annualized basis. The APR must be calculated and expressed in percentage points with a minimum of two basis points, rounding half basis points to the nearest full basis points.


Property Value

Loan to Value Ratio

Fixed or Variable Rate **


Maturity in Years

Payment Type ***

Monthly Repayment Amount

Early Payment Charges





30 years

Principle and Interest / profit


Profit of future 3 installments

*APR may differ depending on the amount and the maturity period different from above and subject to credit scoring of each customer.

Loan/Finance Amount :

The amount of, on balance sheet loan granted to the customer.

Maturity In Years:

The contractual maturity of the on-balance sheet Loans/ Financing Products given to the customer. This is the final payment date of a Loan/Finance products at which point the principal (and all remaining interest/profit) is due to be paid.

Monthly Payment Amount:

Installment amount the customer is obliged to pay to the bank or finance company each month until the debt is fully repaid.

Property Market Value

Price negotiated between a willing buyer and a willing seller in an arm’s length transaction after fulfilling valuation criteria set by the banks . The value may not be the current listing price or the amount of the most recent offer on the property.

Loan to Value Ratio

Ratio of a loan provided by the Bank or Finance Company to the value of property purchased and determined as property market value .

Payment type

Interest only payment or , both principle and interest payment or else.

Early Payment Charge

A fee customer will be required to pay to a lender if the customer pays off a mortgage early and before the scheduled maturity term of the credit facility , also sometimes referred to as a Redemption Penalty.