Is zakat due on a residential property that has not yet been fully acquired, and if so, what is its amount?

For zakat to be obligatory on real estate, it must have been purchased with the intention of trade, not residence. As long as the questioner acquired the property with the intention of residence, there is no zakat due on it. It is worth noting that there is a need to clarify the ruling on selling this property and its entry into the buyer's ownership due to a clause in the initial contract that prohibits its sale until after a certain period has passed.