“Sakani”: About 22 thousand families benefited, and more than 16 thousand families occupied their first homes since the beginning of 2024

"Sakani" Program has announced that 21,877 Saudi families have benefited from the program since the beginning of the year. Meanwhile, the number of Saudi families who have occupied their first homes reached 16,144 families. These efforts are part of the continuous initiatives to provide diverse housing products and financing solutions that contribute to achieving the goals of the housing program, which is one of the Vision 2030 programs. The aim is to increase the homeownership rate for Saudi families to 70% by the year 2030.

"Sakani" has clarified that the number of beneficiaries in February was 10,256 families, with 8,337 Saudi families occupying their first homes. This was made possible through the optional support packages provided by the program, which offers various housing support packages to facilitate the ownership of the first home. It includes non-refundable financial support of 100,000 or 150,000 Saudi riyals through a partnership between the Real Estate Development Fund and financing institutions.

These packages provide flexible and diverse solutions for beneficiaries of ready-made, under-construction, and self-construction housing units. This reaffirms the program's commitment to the continuity of housing support and the importance of diverse financing and housing options to accelerate Saudi families' homeownership.

"Sakani" website and application offer a variety of housing facilities and services, including real estate advisor, issuance of real estate transaction tax certificates, display of financing institutions' rates, electronic land contracts, engineering design services, approved contractors, electronic financing, and the real estate market. Additionally, it facilitates registration, immediate eligibility, and electronic issuance of building permits.

All housing services, financing options, and solutions can be accessed through the website link https://sakani.sa or by calling the unified number for beneficiary care (199090) to answer all inquiries and questions. Alternatively, individuals can visit the comprehensive Sakani center in Riyadh, Jeddah, Madinah, and Al-Khobar.

It is worth mentioning that "Sakani" announced that over 100,000 Saudi families have benefited from the Program in 2023, with 98,475 families occupying their first homes during the previous year. These efforts are part of the ongoing initiatives to increase the homeownership rate for Saudi families to 70% by the year 2030