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Lease-financing

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Property eligibility:

 

Lands:

1. To be in one of the key approved cities (Jeddah, Riyadh, Khobar, Dammam, Madinah and Makkah)
2. To be within Mullak’s approved districts.
3. To be within masterplans approved by Municipality and is developed and has the key facilities such as Water, Electricity and pavement.
4. Minimum area of 400 sq. meters.
5. To have a title deed (to be presented upon purchase) and an approved map.
6. To be transferable to Mullak’s ownership.
7. Is free from constructions or any limitations preventing constructions on it.
8. Is not mortgaged to any party.

Apartments:

1. To be in one of the key approved cities (Jeddah, Riyadh, Khobar, Dammam, Madinah and Makkah)
2. Is new and has not been occupied before.
3. To be within Mullak’s approved districts.
4. To have the basic facilities/amenities such as water, electricity, driver’s room, residents parking lots, elevators and a separate water tank.
5. Has the basic finishing.
6. Minimum area of 250 sq. meters.
7. To have a title deed and is transferable to Mullak’s ownership.
8. To be vacant and is ready to be occupied.
9. Is not mortgaged to any party.
10. Minimum of 2 bedrooms.
11. Min. 1 guest room.
12. Min. 1 dinning room.
13. Min. 3 bathrooms.
14. 1 maid’s room.
15. 1 kitchen.

 Duplexes:

1.      To be in one of the key approved cities (Jeddah, Riyadh, Khobar, Dammam, Madinah and Makkah)
2.      Is new and has not been occupied before.
3.      To be within Mullak’s approved districts.
4.      To have the basic facilities/amenities such as water, electricity, driver’s room, residents parking lots.
5.      Has the basic finishing.
6.      Minimum area of 350 sq. meters.
7.      To have a separate title deed and is transferable to Mullak’s ownership.
8.      To be ready for occupancy.
9.      Is not mortgaged to any party.
10.    Has a garden.
11.    Min. 3 bedrooms.
12.    Min. 1 male guest room.
13.    Mine 1 female guest room.
14.    Min. 1 dinning room.
15.    Min. 4 bathrooms.
16.    Maid’s room with a bathroom.
17.    1 kitchen.

Villas:

1.      To be in one of the key approved cities (Jeddah, Riyadh, Khobar, Dammam, Madinah and Makkah)
2.      Is new and has not been occupied before.
3.      To be within Mullak’s approved districts.
4.      To have the basic facilities/amenities such as water, electricity, driver’s room, residents parking lots.
5.      Has the basic finishing.
6.      Minimum area of 600 sq. meters.
7.      To have a separate title deed and is transferable to Mullak’s ownership.
8.      To be ready for occupancy.
9.      Is not mortgaged to any party.
10.    Has a garden.
11.    Min. 4 bedrooms.
12.    Min. 1 male guest room.
13.    Mine 1 female guest room.
14.    Min. 1 dinning room.
15.    Min. 1 office room.
16.    Min. 5 bathrooms.
17.    Maid’s room with a bathroom.
18.    1 laundry room.
19.    1 main kitchen in the ground floor.
20.    1 service room in the 1st floor.

 

 

 

 

 

 

     

 








Applicants eligibility

Mullak’s process

Home Lease Financing

Property Eligibility
 


       

 
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