Real Estate Development Fund deposits over SR 830 million in “Sakani”

 Saudi Real Estate Development Fund stated that Ministry of Municipal and Rural Affairs and Housing and “Real Estate Fund” have deposited more than SR 830 million in “Sakani” beneficiaries’ accounts for February 2022.

CEO of the Real Estate Development Fund said that total depsits for February reached SR 830 million, which was allocated as subsidized real estate financing contracts. Total amount deposited in the accounts of “Sakani” beneficiaries’ accounts exceeded SR 35.1 billion since June 2017.

The fund provides “Subsidized Mortgage” services through more than 43 electronic services via its electronic portal. The beneficiaries’ concerns and questions on “subsidized loans” are answered via the unified call center 199088 and social media platforms.