Tripartite Deal Expands Homeownership Across Saudi Arabia With 24 Projects Offering Over 40,000 Units

Tripartite Deal Expands Homeownership Across Saudi Arabia with 24 Projects Offering Over 40,000 Units

Riyadh, August (پاکستان پوائنٹ نیوز ‎‎‎ 18 أغسطس 2025ء) Minister of Municipalities and Housing Majed Al-Hogail attended the signing ceremony, hosted at the REDF headquarters in Riyadh.

The agreement is set to empower beneficiaries to own homes in more than 24 residential projects distributed across various regions of the Kingdom, offering over 40,000 diverse housing units through a competitive financing offer with profit margins as low as 2.99%.

This initiative is part of efforts to enhance strategic partnerships and diversify financing solutions, allowing beneficiaries of the off-plan product to access options that align with their financial capabilities and housing needs. It supports the objectives of the Housing Program under Saudi Vision 2030.