Ijarah Program Particulars

Villas, Apartments and Duplexes

Finance amount
SR 5,000,000
Minimum Down payment
10%
Minimum Monthly Income
SR 5,000
Eligible Property
The Ijarah program is designed to finance all common types of real estate, Apartments, Villas, Duplexes.
Property conditions
The property must be empty, ready to occupy and connected with water and electricity.
Ownership
The program allows you to join with any primary relative member in order to increase the finance amount.
Eligible for
For Saudis or from GCC only
Age Criteria
The minimum age is 20 years old and the maximum is the retirement age. However, for already retired employees the maximum age will be 65 years old by the end of the contract.

Multi Family Buildings

Finance amount

SR 5,000,000

Minimum Down payment

30%

Minimum Monthly Income

SR 5,000

Eligible Property

The Ijarah program is designed to finance Multi-Family Buildings with 10 or fewer units.

Property conditions

The property must be empty, ready to occupy and connected with water and electricity and should meet basic guidelines for funding.

Ownership

The program allows you to join with any primary relative member in order to increase the finance amount.

Eligible for

Saudis or from GCC

Age Criteria

The minimum age is 20 years old and the maximum is the retirement age. However, for already retired employees the maximum age will be 65 years old by the end of the contract.

Land Purchase Program

Finance amount
SR 2,000,000
Minimum Down payment
30%
Minimum Monthly Income
SR 5,000
Eligible Property

Yes, the land must be vacant and lot size under 1,500 m2

Property conditions
The land should be within the city limits and the maximum acceptable land area is 1,500 square meter. Moreover, the land must be empty, connected with electricity.
Ownership
The program allows you to join with any primary relative member in order to increase the finance amount.
Eligible for
Saudis or from GCC
Age Criteria
The minimum age is 20 years old and the maximum is the retirement age. However, for already retired employees the maximum age will be 65 years old by the end of the contract.

Expatriate program

Finance amount
SR 2,500,000
Minimum Down payment
15% - Effective 9th November 2014, Saudi Arabian Monetary Agency (SAMA) Real Estate Financing Law allows up to 70% of real estate property value to be financed (70% CTV) through licensed financial institutions.
Minimum Monthly Income
SR 10,000
Eligible Property
The Expatriate Ijarah program is designed to finance all common types of real estate, Apartments, Vilas, Duplexes, Multi-family investment Property and Lands Purchase.
Property conditions
The property must be empty, ready to occupy, connected with water and electricity.
Ownership
The program allows you to join with wife or husband in order to increase the finance amount.
Eligible for
Resident in Saudi Arabia for at least 5 years. Must obtain approval for home ownership by the KSA Minister of Interior (MOI).
Age Criteria
The minimum age is 20 years old and the maximum is the retirement age and 60 years old as maximum age by the end of the contract.

Awards

Dar Al Tamleek has received many Awards Learn more

Employees Testimonial

My passion is making a difference and standing out in any place I belong to. I joined Dar Al Tamleek because I believe it will provide me with a dynamic challenging working environment. I am eagerly anticipating being a productive Dar Al Tamleek member
Jaydaa Baeshen
Jaydaa Baeshen
I joined Dar Al Tamleek because it enables me to make an impact on individuals, and society. It encourages a culture truly dependant on teamwork. Every achievement you make in this company is a collective effort of the team.
Ruaa Banaja
Ruaa Banaja

Customers Testimonial

The wonderful Masakin program from Dar Al-Tamleek made things easy for me. As a prior government employee in military sector, I’ve got the proper funding with the most reasonable period of time to pay it back.
Abdullah Abu Taleb
Abdullah Abu Taleb
My family and I now live in our dream home; I’ve got the proper funding from Dar Al-Tamleek through Ijarah program. I have more than twenty years to pay it back. The program provided me with all the necessary advisory funding plan I’m looking for.
Basim Munshi
Basim Munshi
Yes, I’ve owned of my dreams home... it happened very fast and through Masakin program from Dar Al-Al-Tamleek, which provided me with all the necessary advices. Their advisers were beside me form the first moment I’ve submit my application until the moment I’ve received the key to my home
Qasim al-Mahdi
Qasim al-Mahdi

5 Career Benefits at Dar Al Tamleek

  • Competitive salaries & remunerations
  • Advanced training & job security
  • Social insurance
  • Health insurance
  • Incentives & Bonus

Press Contacts

Rfal Maghrabi

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