Through this service, a real estate developer can submit a project definition request for their real estate development to Riyad Bank via integration with the Etmam platform.
Definition of Real Estate Projects at Riyad Bank
Most Frequently Questions
The center reviews the application, ensures all requirements are complete, forwards it to the relevant authority, and conducts periodic follow-ups on the application status, escalating issues when necessary.
Valid commercial registration for the real estate developer, including real estate or development activities.
Valid and approved off-plan sales license (Wafi) for the project in question.
Identity documents of the owner or partners.
Land ownership contract or usufruct deed.
Approved project plans.
Construction and timeline plan for the project.
Dedicated escrow account for the project.
Apply for the service through the Etmam platform.
Fill out the application form and attach the required documents.
Notify the real estate developer of any missing information or request to complete the application.
The center reviews the application with the relevant authorities.
Follow up on the application status through the Etmam platform.
Riyad Bank
Real estate developers
Etmam Platform
3 Working Days
