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Overview

 Developer Name: Roshan
• Project name: Al-Arous
• City: Jeddah
• Neighborhood: It is located in the north of Jeddah, near King Abdullah Sports City and King Abdulaziz International Airport
• Project Description: Al-Arous community is an integrated neighborhood inspired by the designs of historical Jeddah. It encourages neighbors to connect with each other and enjoy nature as part of their daily lives.
The project contains more than 18,000 housing units with a variety of options that suit different families, and it is divided into 3 phases to deliver the integrated community.
Advantages:

  •  Without administrative fees and a special profit margin

  • The neighborhood's land area is 4 million square meters

  • More than 18 thousand housing units

  •  +300 facilities and amenities

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How to submit your application
How to submit your application

How to apply
All you need to do is visit your nearest Riyad Bank branch with the following documents:

  • Copy of valid Saudi national ID

  • Completed application form for Home Finance

  • Completed applicant undertaking form

  • Completed applicant health declaration

  • Salary certificate with salary details

  • Bank statement

  • Deposit of valuation fees

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Terms and Conditions
Terms and Conditions
  • The offer is valid until all the units are sold out
  • Available to Saudis only

  • Salary transfer is not required for all customers, except for retirees and unaccredited private sector employees

  • Minimum salary:

  • The government and military sector and major companies:

  • For salary transfers: SAR 5,000

  • For non-salary transferees: SAR 8,000

  • Certified companies in the private sector:

  • For salary transfers: SAR 5,000

  • For non-salary transferees: SAR 8,000

  • Non-accredited companies in the private sector:

  • For salary transfers: SAR 8,000

  • Retired clients with salary transfer only: SAR 3,000

  • Bank employees without salary transfers: SAR 8,000

  • Customer must be 20 years old and above

Terms and conditions apply

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What's after applying online
What's after applying online?

Visit your nearest Riyad Bank branch with the following documents:

  • Copy of valid Saudi national ID
  • Completed application form for Home Finance
  • Completed applicant undertaking form
  • Completed applicant health declaration
  • Salary certificate with salary details
  • Bank statement
  • Deposit of valuation fees

For more information please call our toll free number 800-124-2020

The calculations allow you to only simulate approximate loan amounts and estimated monthly repayments. For exact figures please contact us on: 800-124-2020, or visit any of our branches here.
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Employment Eligibility Personal Information
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* All amounts are in S..R
* Please note that these are simulated amounts and they represent an approximation and not the exact numbers.
* For early settlement, financing contracts terms & conditions will be applied
* The Annual Percentage Rate(APR) calculation is based on the default assumption that the financing date is the date of inquiry and first installment due date is the 27th of the following month. Actual APR may vary depending on the final approved financing date and installment schedule and customer specific credit terms.

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