Amlak International partners with Lifestyle Developers

Amlak International For Real Estate Finance Co, with its strategic partnerships system with real estate developers in Saudi Arabia, has concluded an agreement with Lifestyle Developers Co. The agreement will provide real estate financing solutions to individuals wishing to own housing units within the “Diyar Al Salam” project, which Lifestyle Co. is developing in the heart of Jeddah.
Amlak International is one of the first funders in Saudi Arabia to conclude such an agreement after approval by the official authorities. It provides real estate financing solutions that are accessible and compatible with Shariah. Its latest agreement applies to individuals wishing to own units in Diyar Al Salam, which consists of 140 housing units of various spaces in Al-Salamah District, spread over an area of 9,591 square meters. The project includes a modern residential complex with integrated services such as sports clubs, function halls, kindergartens, libraries, meeting halls and inside and outside parks.
After concluding the agreement with Sultan Batterjee, executive director and founder of Lifestyle Developers Co., Tawfiq Moafa, executive director of Amlak International, said: “This agreement adds a main pillar represented by Lifestyle Developers Co. to the list of strategic partnerships that pairs Amlak International with elite real estate developers, it embodies a practical application of sales on the map program by providing other financing options for citizens. It gives them a wider range to determine the appropriate financing channel that enables them to fulfill their dream of buying a house.”
He added: “Diyar Al Salam is one of the most prestigious and complementary real estate projects due to the advanced standards used in its construction and architecture.