Minimum Salary Salary Transfer Islamic Finance Maximum Term Flat Rate Reducing Rate
Bank AlJazira - "Baity" Home Finance Bank AlJazira - "Baity" Home Finance Minimum Salary: SAR 5,000 Salary Transfer: Yes Early Settlement Fees: Yes Maximum Term: 0 Years Flat Rate: 4.78 Reducing Rate: 0.0
Apply Online Now
Fill in your details below and a product advisor will call you back with more details.
At present, you can't apply for this product via But don't worry, by filling in the form below we'll help you find other options that you can apply for!
Some required information is not valid
Do you aspire to own a property such as a villa, duplex, apartment or land but you do not have the required fund for that?

Bank AlJazira now brings you the solution to acquire the property of your dreams through "Baity", specialized Residential financing product with down payment of 10% only from property value

Features & Benefits
  • Financing up to 90% of Property Value for salary transferred, otherwise up to 75% for Non-salary transferred 
  • Financing up to SR 8,000,000 
  • 6 months deferral for the first repayment of the finance 
  • A competitive profit rate. *
  • Ability to obtain Joint Finance with first degree relatives to obtain higher finance amount 
  • Financing to buy residential ready unit or land is possible
  • Takaful (life insurance) in case of death or total disability (God forbid). 
  • Property insurance coverage against Fire & natural disasters throughout the finance period 
  • Finance is also possible for self employed 
  • Ability to transfer existing finance from other institutions   
* APR starts from 4.26%.

* Administration and evaluation fees are 1% of the total amount of funding or up to SR 5,000 and subject to 15% Value Added Tax (VAT).

All the fees are subjected to 15% Value Added Tax (VAT)
Documents Required
  • Valid national Saudi ID card
  • Certificate letter of employment one month old or less (for employed applicants)
  • Salary transfer certificate
  • Bank statement for the last three months (for staff) and last six months (for self-employed)
  • Proof of all sources of income (for employees and self-employed)
  • Commercial Registration and work permit for self-employed
  • 2 Years financial statements except for self-employed professionals who do not have a registered company. Example: Engineers, Lawyers, etc.
** Calculator Definitions
Amount: The total amount of money borrowed, also referred to as the principal amount.
Rate (%): This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years: This is the original term or length of the product, stated in years.
Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%): The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
Representative Example Calculator
Samba - Ready / Under Construction Villas
Minimum Salary
SAR 5,000
Reducing Rate