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Terms & Conditions for AqarStake

last updated on 10/11/2024

Please read them carefully before using the platform.


Introduction:
By accessing or using AqarStake’s website and services, you agree to comply with and be bound by the following Terms & Conditions. Please read them carefully before using the platform.

1. Eligibility

  • Investors must be at least 18 years old.

  • A valid Saudi National ID or Iqama is required.

  • All users must complete KYC (Know Your Customer) verification.

2. Nature of Investment

  • AqarStake offers fractional ownership of real estate properties.

  • Investments are generally considered long-term (average 3–7 years).

  • A minimum holding period of two years applies before resale of shares.

3. Returns & Distribution

  • Rental income will be distributed quarterly to investors.

  • Capital appreciation is realized upon the sale of the property or resale of shares through the secondary market.

  • AqarStake does not guarantee fixed returns.

4. Fees

  • 2.5% developer commission.

  • 14% property management fee on net rental income.

  • 0.014% fee on secondary market trades.

  • Optional premium subscription fees.

5. Secondary Market

  • Share resale is available only through the platform.

  • Resale opportunities are announced during specific windows.

  • Investors may list shares for sale to other registered investors.

6. Compliance & Legal

  • AqarStake operates under the regulations of the Capital Market Authority (CMA) and the Real Estate General Authority (REGA) in Saudi Arabia.

  • All contracts and transactions are legally binding.

7. Risks

  • Real estate investments are subject to market risks including price fluctuations, rental occupancy, and regulatory changes.

  • Investors are encouraged to review all risk disclosures before investing.

8. Limitation of Liability

  • AqarStake is not liable for losses resulting from market changes or external factors beyond its control.

  • The platform ensures transparency and due diligence but cannot eliminate all risks.

9. Amendments

  • AqarStake may update these Terms & Conditions at any time.

  • Updates will be posted on the platform and take effect immediately.