Carma is a Saudi Property Technologies Company, licensed by the Real Estate General Authority. Carma offers the Rent Now, Pay Later services for any real estate unit, whether residential or commercial. Carma acts as a middleman between the tenant and the landlord. They pay the landlord the entire rent upfront and then collect monthly payments from the tenant.
It varies on several factors, such as the type of real estate unit, the beneficiary’s credit rating, and his monthly obligations.
Yes, Carma’s service of leasing and subleasing is fully Shariah compliant per the Saudi Permanent Committee for Fatwa’s, part of the Saudi Permanent Committee for Scholarly Research and Ifta.
Any real estate unit available for rent, whether through our partners or others.
You can submit your application through the application form on our website: trycarma.com
All Carma contracts are made through the Ejar platform.
If all data and documents are available, the expected time to obtain the application status is 24 hours.
6 months or 12 months.
Monthly payment dates depend on the contract start date.
Everyone can apply for Carma services.
Yes, the service is available to Saudis and non-Saudi residing in the Kingdom of Saudi Arabia.
There is no minimum salary requirement, but the monthly payment must be commensurate with the salary and monthly obligations.
No, Carma commitment is not part of SIMAH’s monthly commitment.
Available in all regions of the Kingdom of Saudi Arabia.
Terminating the contract requires paying the remaining dues for the months' rent that have not been paid.
Of course, Carma is licensed by the Real Estate General Authority.
In the event of a delay in payment for 14 days, an order will be issued by the enforcement court to take the necessary legal measures.