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Ras Al Khaimah · Raha Island

Skai by RAK Properties

At a glance

Specifications

Address

Ras Al Khaimah,Mina Al Arab,Raha Island,Skai

Price range

AED 1,250,000–4,860,000

Completion

Apr 2028

Payment plan

10% / 40% / 50%

Property type

Apartment / Penthouse

About this project

Skai, Raha Island: Waterfront Living in Ras Al Khaimah from AED 1.25M

RAK Properties is developing Skai on Raha Island within Mina Al Arab, Ras Al Khaimah's flagship coastal district. The project comprises two towers offering studios, one-bedroom and two-bedroom apartments, and three-bedroom penthouses. Construction started in March 2025, with handover expected in April 2028.

Where Raha Island Sits in Ras Al Khaimah

Raha Island is an artificial island within Mina Al Arab, giving residents direct beach access and a waterfront address. Ras Al Khaimah sits roughly 45 minutes from Dubai International Airport and about an hour from central Dubai, making it viable for buyers who work in Dubai but want a quieter pace. Skai occupies one of the better-positioned plots within Mina Al Arab.

What AED 1.25M to AED 4.86M Covers

The price range here is wide: AED 1.25M at the bottom, AED 4.86M at the top. That spread reflects a genuine mix of product.

At the lower end, the entry point of AED 1.25M buys a studio of around 379 sq ft on a waterfront island address. One-bedroom apartments start at AED 1.52M across several layouts from approximately 634 sq ft to 824 sq ft, including premium corner units.

Two-bedroom units start at AED 2.37M, with areas ranging from around 1,200 sq ft to just over 1,600 sq ft depending on layout. The larger two-bedrooms suit buyers who want a primary residence or a property that can accommodate family use.

Three-bedroom penthouses are priced at AED 4.86M, with internal areas around 2,230 to 2,330 sq ft. These are at the top of the project's range and target buyers who want scale and a waterfront penthouse in Ras Al Khaimah.

The Unit Mix

Both Tower 1 and Tower 2 carry the same unit types: studios, one-bedrooms, two-bedrooms, and three-bedroom penthouses. Each tower has its own set of layout variants, including premium corner configurations in the one-bedroom range and larger "suite" and premium chalet formats. Buyers who care about layout should check specific floor plans per tower, since the same bedroom count comes in meaningfully different configurations.

Amenities on Site

Category Facilities
Fitness & Wellness Gymnasium, Health Club, Yoga room, Indoor Swimming Pool
Outdoor & Leisure Beach Access, Landscaped Gardens, Barbecue Area
Family Children's Play Area
Dining & Retail Restaurants, Retail Facilities

Ten amenities in total. Beach access is the standout item given the island setting. The yoga room alongside the gymnasium and health club suggests the project targets health-conscious residents rather than purely investment-oriented buyers. On-site restaurants and retail mean residents are not entirely dependent on leaving the island for daily needs. This is a self-contained residential environment suited to buyers looking for an amenity-rich lifestyle.

Three Years Off-Plan: What That Means for a Buyer Entering Now

Expected completion is April 2028, just over three years from when construction started. For an off-plan buyer entering now, that is a meaningful construction-phase hold. The 40% during-construction payment obligation means a buyer will be deploying the majority of funds before handover.

Getting In for 10%

Payment Stage Percentage
Down payment 10%
During construction 40%
At handover 50%

A 10% down payment keeps the initial cash commitment low relative to the overall purchase price. The bulk of the payment (50%) falls at handover, which concentrates financial exposure at the end of the build period rather than spreading it evenly across construction.

Payment plan

Pay as construction progresses

  1. Step 0110%
    Down payment10% paid
  2. Step 0240%
    During construction50% paid
  3. Step 0350%
    On handover100% paid

Schedule totals 100% at handover. Exact dates confirmed in your Sale & Purchase Agreement (SPA).

Construction

Where the project stands

  1. Mar 2025

    Booking started
  2. Mar 2025

    Construction started
  3. Today · 10 July 2026
  4. Apr 2028

    Expected completion
Lifestyle

What's on site

Location

Where it sits

Ras Al Khaimah,Mina Al Arab,Raha Island,Skai

Open in Google Maps
FAQ

Questions buyers usually ask

Q01

What is the starting price for apartments in Skai?

The starting price for apartments in Skai is AED 1,250,000, making it an attractive option in Ras Al Khaimah. With a maximum price of AED 4,860,000, this development by RAK Properties offers a range of investment opportunities for buyers.

Q02

What types of properties and prices are available in Skai?

Skai features a variety of property types, including apartments and penthouses, with prices ranging from AED 1,250,000 to AED 4,860,000. This diverse range caters to different buyer preferences and investment strategies in Ras Al Khaimah.

Q03

What is the payment plan for Skai in Ras Al Khaimah?

Skai offers a flexible payment plan requiring a 10% down payment, followed by 40% during construction and the remaining 50% upon handover. This structure makes it easier for buyers to invest in Ras Al Khaimah real estate, especially with completion expected in April 2028.

Q04

When will Skai be ready for occupancy?

Skai is expected to be ready for occupancy by April 30, 2028. Construction has already begun as of March 12, 2025, allowing future residents ample time to prepare for their new homes in Ras Al Khaimah.

Q05

Where is Skai located?

Skai is located at Mina Al Arab, Raha Island, Skai, Ras Al Khaimah. This prime location offers residents access to beautiful beach areas and is conveniently situated near various local amenities.

Q06

Who is developing Skai?

Skai is being developed by RAK Properties, a reputable name in the UAE real estate market known for delivering high-quality projects. Their commitment to excellence ensures that residents will enjoy premium living experiences in Ras Al Khaimah.

Q07

What amenities are available in Skai?

Skai offers a wide range of amenities including a yoga room, indoor swimming pool, health club, and children's play area. Additional features such as beach access and landscaped gardens enhance the lifestyle experience for residents in Ras Al Khaimah.

Q08

What types of properties can I find in Skai?

In Skai, buyers can find both apartments and penthouses, catering to various lifestyle preferences. These options provide flexibility for investors looking to buy in Ras Al Khaimah's growing real estate market.

Q09

Is Skai a good investment opportunity?

Yes, investing in Skai presents a strong opportunity for ROI with its competitive pricing and premium amenities. The strategic location in Ras Al Khaimah, along with the expected capital appreciation, makes it a wise choice for real estate investors.

Q10

How can I book a property in Skai?

To book a property in Skai, interested buyers can contact the developer or visit their website for more information on the booking process. Secure your investment in this exciting new development in Ras Al Khaimah today!

Ready when you are

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