Bank ALJazira
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Do you have a real estate finance from other financial institution and want to get cash?

Is your current mortgage installments above your budget?

Absher Be’ezk... Now we have a solution by converting your mortgage loan and take advantage  from  our great features

Features & Benefits

  • Fully compliant with Sharia’ah principles 
  • Ability to get extra cash on transferring your liability 
  • Ability to reduce your current installments  
  • A competitive profit rate*
  • Financing up to 85% of Property Value
  • Financing up to SR 5,000,000 
  • 6 months deferral for the first repayment of the finance 
  • Residential and Commercial properties are included 
  • Finance tenure up to 30 years 
  • Takaful (life insurance) coverage in case of death or total disability (God forbid) 
  • Free Property insurance that covers Fire & Natural disasters 
  • Free for life Credit Card

*APR starting from 4.78 % which includes all fees*
*Administration and evaluation fees are 1% of the total amount of funding or up to SR 5,000 and subject to 5% Value Added Tax (VAT) up to SR 250.



  • Saudi or GCC nationals  
  • Good credit history  
  • Employed with minimum salary of 6,000  
  • Minimum age of 21 years old and does not exceeds 65 years old at Finance maturity 
  • Minimum service of  6 months for private sector staff while no minimum service for Government sector staff

Property Specifications

  • Availability of the title deed (notarized registration)  
  • Real-estate located within the city boundaries  
  • Not older than 20 years during application and does not exceed 40 years at Finance maturity.  
  • Vacant and ready to move in

Client Documentations

  • Valid national ID  
  • Employment certificate – date of issue must be one month old or less   
  • Salary transfer certificate 
  • Bank statement for the last 3 months

Property Documentations

  • Copy of ID card or company commercial registration for the owner of the property  
  • Copy of property’s title deed  
  • Sketch of the property location showing its area dimensions as well as name and address of the current owner  
  • Municipality clearance (building permit); vacant plots are excluded from this requirement  
  • Written price offer by the current owner  
  • Copies of utility bills for last 3 months for the real-estate (vacant plots are excluded from this requirement)

How to Apply?

Easy Steps to Apply for any Bank AlJazira Products or Services:

To apply for Bank AlJazira product or services just follow the simple steps below. Our Bank AlJazira staff will be happy to assist you.

Online Application Form: 

Just fill in our online form and Bank AlJazira representative will contact you.

Click here.

Give us a Call: +966 9 2000 6666

Our specialist Agents will be ready and happy to assist you in answering all your questions about our products and services and assist you with the application process.

Visit the Branch:

Visit our nearest branch and our Customer Service Representative will answer all your questions and assist you with the application process.

Click here to locate our branches.

AlJazira Phone
+966 9 2000 6666

Personal Finance Program
Transfer your salary and get the finance that suits you best

AlJazira Credit Cards
A collection of offers and features with Al Jazira Credit Cards

Credit Card Offers
Credit Card Offers