Sale and Lease Back Program

 

Are you looking for Cash Financing?  Simply, “Let Your Property Finance You” through Mortgaging the property to us against a Cash Loan, and we will lease the property back to you.

We at Abdul Latif Jameel Real Estate Financing offer you a Sale and Lease Back product which affirms our mission to provide you with flexible and pioneering Financing solutions that meet your expectations. With us, the process of acquiring a Cash Loan is simpler than ever, and for a contract period up to 10 years.

Financing Features
Terms And Documents Required
No down payment required
No Guarantor required
Certified by Shariah Board
Up to 2.5 Million SR
Up to 10 years contract period (120 Months)
Guarantor possibility of spouses or a first degree relative
No Salary Transfer required
Availability of Early Settlement
Consideration of Other Income (if any) to increase Financing amount
Exempting heirs from any liability in case of death or permanent disability (God forbid)
Property should be valid for use and within Urban (developed) areas
Property should be 100% completed
Aggregate of Contract Period and current Property Lifespan not to exceed 30 years
Property to be free of any Legal burdens or Litigation
Copy of client ID
Copy of Title Deed
Copy of Building Permit