Buy a Land
Build a better tomorrow by investing in your future today
Land Home

Build a home on your dream property

Explore the simple steps to owning your land. Start exploring how much you can borrow, know more about your finance, find a land, and finally Apply

  • How Much You Can Borrow

    The first step for you is to explore the amount you can borrow. Typically, you can borrow up to 53 times your salary to buy a land. The tables will give you closer idea.

    Single Applicant

    Your Monthly Salary You Can Borrow You Pay Monthly
    20 Years 30 Years
    SR 5,000 SR 353,357 SR 477,454 SR 2,500
    SR 8,000 SR 621,908 SR 840,318 SR 4,400
    SR 10,000 SR 848,057 SR 1,145,889 SR 6,000
    SR 12,500 SR 1,060,071 SR 1,432,361 SR 7,500
    SR 15,000 SR 1,272,085 SR 1,718,833 SR 9,000
    • The finance rate is 4.25% for 20 years. The rate is fixed. The figures are approximate

    Joint Applicants

    Your Monthly Salary Salary of
    Joint–Applicant    		 You Can Borrow You Pay
    Monthly *
    20 Years 30 Years
    SR 5,000 SR 3,000 SR 621,908 SR 840,318 SR 4,400
    SR 7,500 SR 5,000 SR 954,064 SR 1,289,125 SR 6,750
    SR 10,000 SR 8,000 SR 1,272,085 SR 1,718,833 SR 9,000
    SR 12,500 SR 10,000 SR 1,590,106 SR 2,148,541 SR 11,250
    SR 15,000 SR 12,000 SR 1,908,127 SR 2,578,249 SR 13,500
    • The monthly installment is deducted only from the main applicant salary
    • The finance rate is 4.25% for 20 years. The rate is fixed. The figures are approximate

  • Know About Your Finance

    Check the benefits below to know more about the finance that you choose.

    Plan Down Payment Maximum Finance Finance Rate Joint Applicant Q & As
    20 Year Plan 10% *83 monthly salaries Fixed Learn more

    Your Eligibility

    • Saudi national and above 18 years old
    • Not less than 6 months with current employer, which must be approved by us
    • A minimum monthly salary of SR 3,500

    Joint Applicant Eligibility

    • Saudi national and above 21 years old
    • Not less than 6 months with current employer, which must be approved by us
    • A monthly income of SR 3,500
    Features of Joint Application
    • Direct relationship is a condition (wife, husband, father, mother, brother or sister)
    • Transfer of joint application salary is not conditions

    * Terms & conditions to be applied.

  • Find a Land

    Know the required conditions before you start finding a land.

    Land Conditions

    • The area must not be less than 200 Sqm
    • Must have an independent title deed (a deed of the whole plan of lands is acceptable)

  • Apply

      Your Finance Steps

    • Open an account with us
    • Transfer your salary to your account with us
    • Fill in the application form and submit the required documents
    • Sign the contract after our final approval

      How to Apply?

    • Telephone: 800 124 1222
    • Branch: Visit your nearest Branch

      Finance Documents Required

    • A copy of a valid Saudi National Identity Card.
    • Employment letter - For the private sector, it must be stamped by the Chamber of Commerce.
    • A filled-in Home Finance application form
    • A filled–in price quotation
    • A copy of the title deed (both sides)
    • Acknowledgement that you inspected the land
    • A drawing of the location of the land

  • Joint Applications

    Joint Applications

    You may jointly apply for Land Purchase Finance with one of the following direct relatives: wife, husband, mother, father, sister or brother.

  • Land Conditions

    Land Conditions

    In order to be eligible for Finance the plot of land, you wish to purchase must not be less than 200 Square meter and it must have an independent title deed.

  • Sharia Compliant

    Sharia Compliant

    Land Purchase Finance is approved and monitored by our Shariah Board to ensure that it is fully shariah compliant.

  • Long Term Saving

    Long Term Savings

    Buying land is a long-term financial commitment but unlike renting you will have made an investment in your future instead of someone else's.

How to Apply

  • Am I Eligible

Terms and Conditions:

  • Salary transfer.
  • Customer's salary should be at least 3,500 SAR.
  • The real estate contract based in the form of leasing.
  • Registering the ownership of the property in the name of the client.

Ready to apply? Please select an option below…

FOR ENQUIRIES CALL:

800 124 1222
Frequently Asked Questions:
Land Purchase Finance
  • Are the ARB home finance products Shariah compliant?
    Yes. All ARB Home finance products are Shariah compliant and have been designed on the basis of Islamic principles.
  • Can I make an early settlement of the remaining amount?
    Yes, according to the terms of early settlement. You can contact us to find out more about the conditions.
  • What happens if I want to sell the property before the financing is paid off?
    You would need to make an immediate repayment of the principle outstanding amount by way of early settlement and we would transfer the title in your name or to the person you requested.
See more FAQs