Real Estate Development Fund joined SADAD on February 7, 2009 to allow citizens to pay the loan installments due on them easily and quickly, and through multiple payment channels, across all banking channels in various parts of the Kingdom, whether through the bank's branches participated in the system, ATM machines, phone and internet banking.

Real Estate Development Fund was established by Royal Decree No.(23) on 11-6-1394H.The Fund began its activities in providing loans to individuals and institutions for the establishment of real estate projects for both of the private and commercial use. The REDF Managed since the start of its activity with the beginning of the financial year 1395-1396H until the end of the financial year 1419-1420H in providing 443,842 special loans and 2,488 investment loans. Real Estate Development Fund services included so far (3976) city and village in different regions of the Kingdom where the Fund provides its services to all regions in the kingdom through 25 branch and office spread throughout the kingdom.