Osool & Bakheet – That AlNakhel Fund

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Osool & Bakheet - That AlNakhel Fund

Services

 

  • Brokerage Services
     
  • Margin Lending

The Fund Details

Osool & Bakheet – That AlNakhel Fund

The targeted maximum capital of the initial real estate development fund is 170,000,000 Saudi Riyals, with a minimum operational threshold of 110,000,000 Saudi Riyals.
The fund aims to achieve capital profits upon the fund’s maturity by purchasing raw residential land in Al-Dweikhalah district, Al-Madinah Al-Munawarah. The land area is 131,971.31 square meters, and it will undergo initial development, including infrastructure, building parks, and street sidewalks. The project parcels will be sorted and sold, leading to the fund’s termination.