If you dream of owning a private residence, Real Estate Development Fund 2026 is your first step. The fund bears part of the real estate financing profits and reduces your monthly installments — making the dream of ownership within the reach of the largest segment of citizens.
Real Estate Development Fund 2026 — what is it?
Real Estate Development Fund is a Saudi government agency that works in cooperation with banks and financing companies to enable Saudi families to own their first home. The fund bears part of the real estate financing profits based on the beneficiary’s income and the number of family members — the lower the income, the greater the support.
Conditions of the Real Estate Development Fund 2026
- Nationality: Saudi nationality
- Age: not less than 21 years
- Income: fixed income of not less than 3,000 riyals per month
- Employment: government employee, private sector, or unemployed (with special conditions)
- First Home: has not previously benefited from similar government housing support
- Purpose: buying or building a residential unit only — not for commercial or investment purposes
- Credit Record: no previous defaults or delays in payments
Required Documents
| Document | Notes |
|---|---|
| National ID | Valid |
| Salary statement or bank statement | Last 3 months |
| Employment contract | For private sector employees |
| Property deed or purchase contract | For the unit to be financed |
| Real estate evaluation report | From an accredited authority |
| Housing program certificate | Proving eligibility for support |
Steps to apply for a Real Estate Development Fund loan
- Enter the Sakani platform — sakani.com.sa
- Log in through Nafath with your ID number
- Verify your eligibility for housing support
- Choose the appropriate support type — Real Estate Development Fund loan
- Upload the required documents
- Choose the partner bank or financing company
- Complete the financing procedures with the funding authority
- Receive approval and start your ownership journey
What is the value of the Real Estate Development Fund support?
The value of the support varies from person to person based on:
| Factor | Impact on Support |
|---|---|
| Net monthly income | Lower income = higher support |
| Number of family members | The more members, the greater the support |
| Financing value | Related to the percentage of support provided |
| Financing period | Affects the amount of interest supported |
Partner Banks and Financing Companies
- Al Ahli Bank of Saudi Arabia
- Al Rajhi Bank
- Saudi Investment Bank
- Riyad Bank
- Amanah Financial Services Company
- And other accredited funding entities
Frequently Asked Questions
Yes — the unemployed are entitled to apply under special conditions related to proving the ability to pay through other sources of income or a guarantor.
It is not possible to combine a loan from the Real Estate Development Fund with any other government housing support — but the Citizen Account is separate and can be benefited from independently.
The approval period ranges between two weeks and a month, depending on the completion of documents and the speed of response from the chosen funding entity.
The maximum limit is determined according to the beneficiary’s income and ability to pay — you can check the available limit for you through the Sakani platform directly.
The support includes both — buying a ready-made housing unit or building a house on owned land, provided that it is for personal housing and not for investment.
Also read: Sakani Program 2026
🔗 Official link: Real Estate Development Fund — redf.gov.sa | Sakani platform — sakani.com.sa
