By webadmin, 18 August, 2021

Plan today, enjoy tomorrow.

When you find the right land for your future home, do not hesitate and get it through the residential land financing product from BIDAYA. We promise you a smooth, fast digital journey that will make your ambitions a reality.


 

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 own your chosen land.

Product Benefits:

  • Financing up to 85% of the value of the land
  • Get up to 25 million SAR in funding
  • Easy payment plans during construction
  • 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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LAND FINANCING PRODUCT
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LAND FINANCING PRODUCT
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Find out more about the Land Financing Product
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LAND FINANCING PRODUCT
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LAND FINANCING PRODUCT
Product Type
Retail
Weight
3
Eligibility
  • Minimum Work Experience 3 months
  • Minimum Income 4,000 SAR
  • Minimum Finance Period 5 Years
  • Maximum Finance Period 20 Years
  • Minimum Finance Amount SAR 100,000
  • Maximum Finance Amount 25 million SAR
  • The administrative fee 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)