Asas Al-Amal Real Estate Company — Solutions for the Saudi Market

Pathway for Civilian and Military Retirees

Real Estate Purchase and Mortgage Solutions for Retirees

We help retirees from the government, military, and private sectors understand their home-buying and financing options, which vary depending on their age, retirement income, financial obligations, and the loan term offered by the lender.

The estimated result does not constitute financing approval; approval is subject to the financing entity's terms and conditions.

1A clear preliminary assessment with no promise of approval
2Options are evaluated based on retirement income, age, and financial obligations
3Compare products, then place your order to proceed

How can we help retirees from the government, military, and private sectors?

We help retirees from the government, military, and private sectors understand the home-buying and financing options available to them, which vary depending on their age, retirement income, financial obligations, and the loan term offered by the lender. Asas Al-Amal Real Estate compares the solutions best suited to each individual’s situation and helps them complete the home-buying process without making any promises of guaranteed approval.

Who is this service for?

Civil Service Retirees

We'll review the suitability of the solution based on your data and the available product.

Military Retirees

We'll review the suitability of the solution based on your data and the available product.

Private-sector retirees with an approved retirement income

We'll review the suitability of the solution based on your data and the available product.

Factors Affecting Eligibility for Funding

A Guide to Mortgage Financing for Retirees

Retirees can explore mortgage financing options based on their retirement income, age, financial obligations, credit history, property value, and down payment. We help you explore options that may be suitable for purchasing a completed unit or a property under construction and compare monthly payments, without guaranteeing final approval.

Who is this service for?

Civilian or military retirees who receive a pension and wish to purchase a home or learn about their options.

What determines eligibility?

Income, age, length of employment, obligations, credit history, property value, and down payment, in accordance with the lender’s policy.

How do you get started?

Estimate your eligibility, compare offers, and then choose the right product and property before completing the paperwork.

Mortgage Products Suitable for Retirees

You can explore mortgage products based on your situation, including purchasing a ready-to-move-in residential unit, financing a unit under construction within a licensed project, building your own home, or purchasing land, depending on the products available from lenders. You can also compare financing offers or request a property.

Ready-to-move-in residential unit

Suitable for anyone looking to purchase a ready-to-move-in villa or apartment after verifying the appraisal, documents, and financing capacity.

Self-Construction or Land and Loan

This program is intended for those who own land or wish to purchase it; payments, completion rates, and terms vary depending on the product and the lender.

Housing Assistance for Retirees

Eligibility for housing subsidies is determined based on the beneficiary’s information and applicable official regulations; the calculator’s result does not constitute final approval. Use the housing subsidy calculator for an estimate, then verify your eligibility status and available services through the official Sakani platform andthe Real Estate Development Fund.

Can a retiree get a mortgage?

Options may be available depending on retirement income, age, financial obligations, and the terms set by the lender, subject to the lender’s final decision.

Can housing assistance and mortgage financing be combined?

Subsidized financing programs may be available to eligible beneficiaries; eligibility and product details must be verified with Sakani, the Real Estate Development Fund, and the financing institution.

What is the best real estate product for my situation?

The choice depends on eligibility, the down payment, the property’s stage of development, and the appropriate repayment term; therefore, ready-to-move-in units, units under construction, and self-build options are compared before a decision is made.

Official Sources for Verification

These links are for official reference only; approval of funding, support, and ownership remains subject to the relevant authorities and the most current regulations and policies.

Find Out Your Estimated Benefits and Retirement Options

Enter your information into the financing calculator so we can conduct a preliminary assessment of your financing capacity and help you choose the real estate product that best suits your situation.

Calculate Your Financing and Enter Your Information

Steps to Obtain the Service

Entering Basic Data
Preliminary Feasibility Study
Comparison of Available Solutions
Selecting a Property or Product
Completing the Documentation and Procedures
Track the request until the process is complete

Common Preliminary Documents

Required documents may include a valid ID or proof of residence, proof of income, a bank statement, a statement of liabilities, and real estate documents, if available. This is a sample list and may vary depending on the customer’s circumstances and the lender.

Frequently Asked Questions

Can a retiree get a mortgage?

Products for retirees may be available depending on age, retirement income, credit history, and the lender’s policy. Regulations and policies are subject to change, and the final decision rests with the relevant official and lending authorities.

At what age does the loan term change?

The age limit varies by institution and product, and is typically calculated at the end of the financing term. Regulations and policies are subject to change, and the final decision rests with the relevant official and financing authorities.

Is the funding counted toward the retirement pension?

Approved retirement income is considered along with other accepted liabilities and sources, if any. Regulations and policies are subject to change, and the final decision rests with the relevant official and financing authorities.

What options are available to retirees for buying a home?

Financing may include a ready-to-use unit or other products, subject to eligibility, age, and the lender’s policy. Regulations and policies are subject to change, and the final decision rests with the relevant official and financing authorities.

Your Next Step: Calculate Your Financing and Enter Your Information

Enter your basic information so we can begin exploring retirement options and help you move from an initial assessment to selecting a product and property.