Self-Build Financing

 Best Self Build Finance in Saudi Arabia


 Building your dream home is now easier with Bank Albilad!


Now construct your dream home by availing quick and easy to apply self-building financing by Bank Albilad.

In cooperation with the Real Estate Development Fund and the Ministry of Housing, Bank Albilad offers you self-build construction loan. So, the wait is over! We give you the opportunity to build your desired property by 4 financing payments throughout the construction phases. 

What are the differentiating features of the self-build financing?

  • Sharia-compliant financing service 
  • 0% down payment 
  • The first payment can be up to 90% of the real estate value
  • Financing period of up to 25 years
  • Financing amount up to SAR 3,000,000
  • Available with no salary transfer for banks employees and approved sectors employees
  • Available to retired customers also 

Terms and Conditions 

  • Open current account with Bank Albilad
  • Customer must be 20 years or older
  • Customer must be an employee of a public or private sector approved by Bank Albilad.
  • Customer's salary should be 3,000 SAR or more
  • Customer should be 70 years or younger when making the last payment
  • Real estate must be located within urban area  
  • Available only to REDF and MOH customers

Required Documents

Customer Documents 

  • Valid ID 
  • ID copy for military employees
  • A letter from the customer's employer indicating: monthly salary (Basic and allowances), job title, date of employment
  • A statement of salary transfer from employer ( in case financed with salary transfer)

Real estate documents

  • Copy of the title deed
  • Copy of building permits 
  • Sketch of property location
  • Filling “property information” form
  • Filling “financing” form


Is there any management fee? 

The management fee is 1% of the financing amount with cap of SAR 5,000. 

How the profit margin is calculated?

Here is an example of how the profit margin is calculated:

Self-build Financing
Real Estate valueSAR 500,000
Finance amount90% of real estate value
Type of profit margin (Fixed or Variable)Fixed Rate 
APR6.70 %
Management fees
Management fees is 1% of the Financing Amount with Cap. of SAR 5,000
Finance duration25 years
Type of installments
Funding principal and profit 
​Finance Amount
​450,000.00 SAR 
Monthly installment3,093.75 SAR 
Early settlement The value of the remaining asset with an additional 3 months earnings
*Terms and conditions apply
The annual percentage rate varies based on the amount and maturity period and Subjected to the customer's credit history

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