By webadmin, 19 August, 2021

Nothing beats the feeling of finding your dream home. We want you to cherish that incredible moment forever.

BIDAYA’s Ready Units Financing is simple and stress-free, so you can enjoy the rest of the process – like furniture shopping, and planning your first gathering!


 

How It Works:

Once you submit your financing request through our digital platform, one of our specialists will contact you and guide you through the application process until financing is approved. Once completed, you can move in to your home.

Product Benefits:

  • Up to 25 million SAR funding
  • Flexible payment plans based on your needs
  • Competitive profit margin
  • Joint financing available for first-degree relatives
  • Inclusive of insurance in case of death, disability, and natural disasters
  • Flexible and decreasing Financing Feature
  • Terms and conditions apply
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READY UNITS OF PRODUCT
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READY UNITS OF PRODUCT
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Find out more about the Ready Unit Financing
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READY UNITS OF PRODUCT
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READY UNITS OF PRODUCT
Product Type
Retail
Weight
1
Eligibility

Fixed Ijarah

Variable Ijarah
  • Minimum Work Experience 6 months
  • Minimum Income 7,000 SAR
  • Minimum Finance Period 5 Years
  • Maximum Finance Period 30 Years
  • Minimum Finance Amount SAR 300,000
  • Maximum Finance Amount 25 million SAR
  • The administrative fees is 1% of the financing
    amount or 5,000 riyals, whichever is less
  • Minimum Work Experience 3 months
  • Minimum Income 4,000 SAR
  • Minimum Finance Period 5 Years
  • Maximum Finance Period 30 Years
  • Minimum Finance Amount SAR 300,000
  • Maximum Finance Amount 25 million SAR
  • The administrative fees is 1% of the financing
    amount or 5,000 riyals, whichever is less

Bidaya Calculators

This Assessment of Eligibility does not constitute and Offer, Financing Approval or Commitment by Bidaya Finance to the applicant. Price declaration examples and calculator results are used for demonstration purposes. Prices may vary for some customers depending on related factors such as credit record etc.

  • The maximum finance amount for first home buyers is 90% of the property’s value.
  • For second home buyers and above, the maximum finance amount is 85% of the property’s value.
  • For DPG beneficiaries, the maximum finance amount is equivalent of 95% of the property’s value.
  • In the case of (Early Settlement), the total early settlement amount reflects the profits of the first 3 months after the end of the second year based on the contract’s start date (months 25,26,27).
  • Prices are reviewed on a monthly bases (last update was on March,2024).
  • The Installment/Rental Installment consists of (Principle + Profit).
Attachments
Product Prices Examples June 2023_2_1.pdf (102.33 KB)

Product Example

Attachments
Click Here For Products Prices Examples ( 8/2023 ) (440.96 KB)