{"approval":{"approvedAt":"2026-08-28T07:31:30.626Z","approvedBy":"aqar-demo-admin"},"createdBy":"wcS7vihFwXrcyNBt3BKYCDd1c6PdnhpX","disclosure":"Property information and supporting evidence approved for issuance.","evidence":{"compliance":"/api/demo-files/properties/demo-rawdah-gardens/compliance/compliance-SAMPLE.txt","deedHash":"0xbb9e0dc1d7e6ddc7289116fa37eff49f1333d040654ceb6f5ee931f30bff37a1","other":["/api/demo-files/properties/demo-rawdah-gardens/presentation/presentation-SAMPLE.txt"],"ownership":"/api/demo-files/properties/demo-rawdah-gardens/ownership-evidence/ownership-evidence-SAMPLE.txt","photographs":["/images/demo/jeddah-residences.png"],"titleDeed":"/api/demo-files/properties/demo-rawdah-gardens/title_deed/title-deed-SAMPLE.txt","transfer":null,"valuation":"/api/demo-files/properties/demo-rawdah-gardens/valuation-report/valuation-report-SAMPLE.txt"},"executionConsent":{"acceptedAt":"2026-08-22T07:31:30.626Z","ownerFeeSar":24000,"ownerId":"wcS7vihFwXrcyNBt3BKYCDd1c6PdnhpX","version":"aqar-owner-execution-v1"},"location":{"address":"Prince Saud Al Faisal Road, Al Rawdah","area":"Al Rawdah","city":"jeddah","country":"SA","plotNumber":"SAMPLE-PLOT-2","postalCode":"23432"},"name":"Rawdah Garden Apartments","offering":{"additionalManagementFeeSar":0,"annualNetRentalSar":420000,"annualNetYieldPercent":7.000000000000001,"currency":"SAR","distributionFeeSar":0,"distributionFrequency":"quarterly","fixedSarPerUsd":3.75,"management":"Demo Red Sea Property Services manages annual residential leases. The SAR 120,000 operating allowance covers management, common utilities, landscaping, lift servicing, maintenance and vacancy. Net rental distributions are quarterly.","minimumPurchaseFractions":1,"offeredFractions":9000,"ownerRetainedFractions":3000,"ownerSetupFeePercent":0,"ownerSetupFeeSar":24000,"pricePerFractionSar":500,"pricePerFractionUsd":133.33333333333334,"processingFeeSar":0,"purchaseFeePercent":1,"quarterlyDistributionPerFractionSar":8.75,"quarterlyDistributionSar":105000,"secondarySellerFeePercent":2,"totalFractions":12000,"valuationMethod":"Owner-provided valuation supported by the uploaded report; subject to manual review.","valuationSar":6000000,"valuationUsd":1600000},"operations":"Demo annual operating model: gross rent SAR 540,000 less operating costs and vacancy allowance SAR 120,000 equals net rental income SAR 420,000. Demo Red Sea Property Services manages annual residential leases. The SAR 120,000 operating allowance covers management, common utilities, landscaping, lift servicing, maintenance and vacancy. Net rental distributions are quarterly. These are illustrative assumptions, not verified tenancies or guaranteed returns.","ownerIdentity":"DEMO-OWNER-wcS7vihFwXrcyNBt3BKYCDd1c6PdnhpX","ownership":"Eighteen family apartments arranged around a landscaped shared courtyard in an established Jeddah neighbourhood. The mix comprises twelve two-bedroom and six three-bedroom homes, with shaded parking and a resident caretaker. The owner retains 25%, providing a partial-ownership offering alongside long-term residential tenants. Fictional demo ownership: Khalid Al Saud holds all initial fractions; no claim to any actual property is made. Gallery images are illustrative.","physical":{"facilities":"18 family apartments; landscaped courtyard; 24 shaded parking spaces; two lifts; resident caretaker; children’s play area; separate water meters; access-controlled entrance.","numberOfUnits":18,"size":"2460.00","yearBuilt":2020,"zoningType":"residential"},"propertyId":"demo-rawdah-gardens","propertyType":"residential_building","schema":"aqar-approved-property-v2","tokenId":"35929938010379414529702305331960458553066613783455906522675443542409896621072","valuationReportNumber":"SAMPLE-DEMO-RAWDAH-GARDENS"}