Key Takeways:
Once you invest in Wahed Real Estate, your returns come from the rental activity taking place in properties owned by the investment structure.
Income is collected → expenses are paid → remaining profit is distributed to investors potentially every quarter.
Because Private Real Estate and the Real Estate Fund operate differently, the timing of your first payment differs slightly between them.
Private Real Estate (Individual Property)
When you invest in Private Real Estate, you own shares in a specific property through a Series LLC.
When Does Rental Income Start?
Rental income begins once BOTH conditions are met:
- The property has been fully acquired (funding closed and title transferred)
- The property is tenanted and rent collection has started
Many properties already include tenants or lease lock-ins (fixed rental agreements lasting typically 1–3 years), which help stabilise income and reduce vacancy risk.
When Will I Receive My First Payment?
Distributions are made after a full quarter of operation has completed.
This means your first payment does not include partial months immediately after investing.
Example:
You invest in February
Property becomes operational in March
First full operating quarter: April–June
Your first distribution: mid-July
After that, payments continue quarterly.
This ensures distributions are based on complete income periods rather than partial months.
How Is Rental Income Calculated?
Your share of rental income is based on your proportional ownership within the Series LLC that holds the property.
Rent collected each month is used to pay property expenses first, including:
- Property management fees (usually 8-10% of monthly rent)
- Maintenance and repair costs
- Property taxes and insurance
- Homeowners association (HOA) or community fees (if applicable)
- Regulatory and administrative costs
- Asset Management Fees
The remaining amount becomes net rental income, which is distributed proportionally to investors.
How and When Will I Receive It?
Wahed processes and disburses rental income quarterly, typically around the middle of the month following the completed quarter (for example, around 15th July for Q2).
Payments are:
• automatically deposited
• sent to your registered bank account
• accompanied by an email notification
No manual withdrawal is required.
You will continue receiving distributions while the property remains income-generating and your investment remains active.
What If There’s a Delay or Vacancy?
While most properties are income-generating or benefit from lease lock-ins, temporary delays may occasionally occur due to:
- Minor administrative delays in property acquisition
- Lease transitions or renewals
- Short-term vacancies between tenants
Our asset management team closely monitors each property and takes measures to avoid these scenarios as much as possible. But if they do arise, our team will proactively update you via email. We’re committed to transparency and will always keep you informed about any interruptions or expected timelines.
Lease Lock-Ins Explained
Some properties include lease lock-ins. These are long-term rental agreements where the tenant is committed to paying rent for a defined period. During this time, occupancy and rental income are contractually secured, reducing the risk of interruptions.
These provide more predictable income but still do not guarantee distributions, as operational factors can still affect timing.
All lease terms are disclosed before investing.
What Happens During and After Your Investment
Private Real Estate has a defined lifecycle.
During holding period:
You receive quarterly rental distributions.
At exit:
The property is sold and sale proceeds are distributed separately.
After the sale distribution, the investment closes.
Real Estate Fund (Diversified Portfolio)
When you invest in the fund, you own shares in a portfolio of multiple properties rather than a single asset.
Income comes from rent collected across the entire portfolio.
When Does Fund Income Start?
The fund begins distributing income once capital has been deployed into properties and the portfolio generates free cash flow.
Because properties are added over time, early distributions may be smaller than Private Real Estate. As more homes are acquired and stabilised, distributions typically become more consistent.
The fund aims to distribute income quarterly.
When Will I Receive My First Distribution?
Your first distribution depends on portfolio deployment and leasing activity.
Payments may be prorated and can take up to 120 days after investing.
This is because:
• capital must be deployed into properties
• leases must begin
• a full income cycle must complete
After the first distribution, payments follow the regular quarterly cycle.
How Is Fund Income Calculated?
Rental income is collected across all properties in the portfolio.
Total rent collected across properties
− operating and fund expenses
= distributable income
From that amount, the fund pays:
- operating expenses
- maintenance and reserves
- management and administration
- Compliance and reporting
The remaining amount becomes distributable income and is allocated based on the number of shares you own.
Because income comes from multiple properties, individual vacancies typically have a smaller impact than in individual property investments.
How and When Will I Receive It?
Distributions are expected quarterly and:
• deposited automatically to your bank account
• require no manual withdrawal
• accompanied by email confirmation
Payment timing may vary slightly depending on processing and portfolio activity.
What Happens After I Invest?
You continue receiving distributions while invested. The fund does not end at a fixed date.
Because the fund remains available for additional investment, you may add to your holdings over time. Any additional investment increases your ownership in the portfolio and participates in the same quarterly distribution cycle.
Many investors use this to gradually build their allocation and increase the income they receive from future distributions.
When you want to leave: You request exit during a redemption window, and payment is based on fund share value at that time. This is separate from income distributions.
Frequently asked Questions
Your rental income is deposited directly into your designated bank account. You can see it in the ‘portfolio section’ of the Real Estate Fund/Private Real Estate page.
You’ll receive an email notification each time a quarterly distribution is processed
No. Income depends on rental performance and operating expenses.
Income is periodic cash flow. Total return may also include appreciation when the property is sold or fund shares are redeemed.
Yes. All distributions are net of costs.
Yes. Distributions may vary slightly based on property or portfolio performance.
No. Payments are automatic and are directly sent to your registered bank account.
Your rental income is deposited directly into your designated bank account. You can see it in the ‘portfolio section’ of the Real Estate Fund/Private Real Estate page.
You’ll receive an email notification each time a quarterly distribution is processed
No. Income depends on rental performance and operating expenses.
Income is periodic cash flow. Total return may also include appreciation when the property is sold or fund shares are redeemed.
Yes. All distributions are net of costs.
Yes. Distributions may vary slightly based on property or portfolio performance.
No. Payments are automatic and are directly sent to your registered bank account.
Your rental income is deposited directly into your designated bank account. You can see it in the ‘portfolio section’ of the Real Estate Fund/Private Real Estate page.
You’ll receive an email notification each time a quarterly distribution is processed
No. Income depends on rental performance and operating expenses.
Income is periodic cash flow. Total return may also include appreciation when the property is sold or fund shares are redeemed.
Yes. All distributions are net of costs.
Yes. Distributions may vary slightly based on property or portfolio performance.
No. Payments are automatic and are directly sent to your registered bank account.
Your rental income is deposited directly into your designated bank account. You can see it in the ‘portfolio section’ of the Real Estate Fund/Private Real Estate page.
You’ll receive an email notification each time a quarterly distribution is processed
No. Income depends on rental performance and operating expenses.
Income is periodic cash flow. Total return may also include appreciation when the property is sold or fund shares are redeemed.
Yes. All distributions are net of costs.
Yes. Distributions may vary slightly based on property or portfolio performance.
No. Payments are automatic and are directly sent to your registered bank account.
Your rental income is deposited directly into your designated bank account. You can see it in the ‘portfolio section’ of the Real Estate Fund/Private Real Estate page.
You’ll receive an email notification each time a quarterly distribution is processed
No. Income depends on rental performance and operating expenses.
Income is periodic cash flow. Total return may also include appreciation when the property is sold or fund shares are redeemed.
Yes. Distributions may vary slightly based on property or portfolio performance.
Yes. Distributions may vary slightly based on property or portfolio performance.
No. Payments are automatic and are directly sent to your registered bank account.
Your rental income is deposited directly into your designated bank account. You can see it in the ‘portfolio section’ of the Real Estate Fund/Private Real Estate page.
You’ll receive an email notification each time a quarterly distribution is processed
No. Income depends on rental performance and operating expenses.
Income is periodic cash flow. Total return may also include appreciation when the property is sold or fund shares are redeemed.
Yes. All distributions are net of costs.
Yes. Distributions may vary slightly based on property or portfolio performance.
No. Payments are automatic and are directly sent to your registered bank account.
