Mulkia – Alajlan Riviera Fund

Mulkia – Alajlan Riviera Fund is a closed public real estate investment fund, Shariah-compliant and regulated by The Capital Market Authority. The fund obtained the approval of the CMA for the offering on 10/13/1442 AH, 05/25/2021 AD. The fund aims to invest in residential commercial land located in the city of Riyadh – Qurtubah district, to develop the land in the form of high-end residential units (Alajlan Riviera 24) in order to achieve capital returns through the sale of the fund’s assets.

 

Fund Privileges

Fund Name Mulkia – Al-Ajlan Rivera fund
Fund Manager Mulkia Investment
Fund Currency Saudi Riyal
Fund TypePublic closed fund
Fund Period One year and half extendable for one year for liquidation.
Unit Price at IPO 10 SAR
Risk Level Intermediate – High
Fund Objectives The fund aims to provide an investment opportunity for its investors through investing in the construction of a commercial and residential land located Riyadh city - Qurtuba district, as residential units, including high-end apartments, and achieving capital returns for its investors from selling these apartments.
Date of Commencement 29/08/2021

·   Location of the fund’s land plot: https://goo.gl/maps/ebniqQG7diYJpaz39

·   We are glad to take your questions and inquiries regarding Alajlan Riviera Fund and Project on the E-mail of the fund: crm@mulkia.com.sa

#File NameView
1Terms and Conditions for Mulkia-Alajlan Riviera Fund view
#File NameView
Report of the First evaluator in first half of 2023view
Report of the Second evaluator in first half of 2023view
Report of the First evaluator in first half of 2022view
Report of the Second evaluator in first half of 2022view
Report of the First evaluator in second half of 2021view
Report of the Second evaluator in second half of 2021view
Report of the First evaluator in first half of 2021view
Report of the Second evaluator in first half of 2021view

Mulkia investment announced the results of the subscription period for Mulkia- Alajlan Riviera Fund as follow:

Fund Name Mulkia- Alajlan Riviera Fund
Subscription Period Ended 26 August 2021
Collected Amount (SAR)52,000,000 SAR
Operation Start 29 August 2021
#Report NameView
Annual Report Dec 2023عرض
1Semi-Annual Statement 31 December 2023.view
2Semi-Annual Statement June 2023view
3Unitholders' Annual report 2022view
4Financial Statement 2022view
5Semi-Annual Statement Dec 2022view
6Semi-Annual Statement June 2022view
7Semi-Annual Statement 2021view