Majlis Ghanem in Riyadh: Rental Payments, Fractional Ownership and PropTech
What connects monthly rent payments with fractional property ownership? Both involve rethinking how people access real estate and how responsibilities are shared. At the second Majlis Ghanem in Riyadh, the discussion examined the practical work behind these models: building the service, assessing the property and managing risk.
The gathering brought together real estate and investment professionals for a conversation with Rize, an update on Ghanem’s journey and an announcement about Muder. Three videos linked below capture the discussion and highlights.
Turning a large rent payment into monthly payments
The Rize conversation began with a familiar mismatch: a tenant earns a monthly salary, while the landlord requests rent in one or two upfront payments. The guest described Rize’s model at the time of the event: assess the tenant’s ability to pay, lease the property from the landlord under an agreement allowing subletting, then sublet it to the tenant with monthly payments.
Changing the payment schedule requires more than an app. It involves the landlord’s agreement, documented contracts, payment collection and a process for late payments. The discussion also explained the broker’s role in connecting the parties and why payment habits across cities and neighbourhoods matter when expanding a service.
Saudi PropTech starts with a specific problem
The session illustrated how property technology can reach beyond online listings. It can support application assessment, reduce manual administration, track payments and make information more useful to the people involved.
One practical question ran through the conversation: is the customer’s problem cash flow, collections or finding the right tenant? Each calls for a different service. A landlord already accepting monthly rent, for example, may need help with collections rather than a different payment schedule.
How Ghanem approaches fractional property selection
In Ghanem’s presentation, the team discussed checking the property, reviewing documented leases, assessing whether rental levels are reasonable and using two independent valuations when evaluating an offering. Governance, risk management and ownership documentation were also part of the presentation.
For someone exploring fractional property ownership in Saudi Arabia, these points shift attention beyond the entry amount. What property would you own a share of? How strong are its leases? How was the price assessed? Which expenses affect distributable income?
The presentation also discussed plans for trading, exits and additional products. These were plans described at the time of recording. Current offering documents remain the place to check available services and their conditions.
What was announced about Muder?
The team announced Muder as a platform focused on rental contracts and usufruct arrangements. This highlights an important distinction: fractional ownership concerns a share in the property, while usufruct opportunities concern defined contractual benefits over a specified period without ownership of the underlying asset. Their documentation, duration and return calculations therefore differ.
Watch the original Majlis Ghanem videos
The following videos are published on Ghanem’s YouTube channel:
- Highlights from the second Majlis Ghanem in Riyadh.
- Ghanem’s journey, filmed by Mohammed Al-Maimouni, with thanks for documenting the gathering.
- The full recording: the Rize conversation, Ghanem’s presentation and the Muder announcement.
This article draws out the main themes; the recordings provide the full context. Visit Ghanem for information about current services and opportunities.