SKAI by RAK Properties at Mina Al Arab, Ras Al Khaimah is a premium coastal development blending modern sophistication with serene waterfront living.
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Key details about SKAI Mina at a glance — from pricing and unit types to handover timelines.
Explore renders, interiors, and the breathtaking coastal setting of SKAI Mina.
Enjoy 0% interest on your payment plan with manageable installments spread across the construction period.
SKAI Mina plan lets you secure a premium unit with a modest upfront payment. During construction, your property can appreciate significantly — and you can even resell after paying 30% to the developer.
Detailed breakdown based on starting price AED 762,000
| Stage | % | Amount (AED) | Description | Milestone |
|---|---|---|---|---|
| Down Payment | 10% | AED 76,200 | Initial payment on booking | On booking |
| Installment 1 | 10% | AED 76,200 | Construction progress payment | 6 months |
| Installment 2 | 10% | AED 76,200 | Construction progress payment | 12 months |
| Installment 3 | 10% | AED 76,200 | Construction progress payment | 18 months |
| Installment 4 | 10% | AED 76,200 | Construction progress payment | 24 months |
| Handover Payment | 50% | AED 381,000 | Final payment upon key collection | Q1 2029 |
| Total | 100% | AED 762,000 | Full purchase price | |
* Amounts shown for 1BR starting unit. Actual amounts vary per unit type and floor. Payment schedule subject to developer confirmation.
Hi, I'm Lana — Senior Investment Advisor at Palmera. I've personally assisted dozens of investors with SKAI Mina and know every unit, floor plan, and payment option inside out.
Pick the configuration that fits your investment goals.
Mina Al Arab is one of the UAE's premier investment destinations. With the Wynn Resort casino opening nearby in 2027, this area is set for explosive growth in tourism and property values.
Est. 2014 • Dubai, UAE
Founded in 2005, RAK Properties is a premier real estate developer shaping the future of Ras Al Khaimah and the UAE. Specializing in residential, commercial, and hospitality projects, the company is committed to delivering luxury waterfront communities, mixed-use developments, and world-class resorts. With a focus on sustainability and innovation, RAK Properties creates vibrant, nature-integrated environments that enhance quality of life.Its developments, including Mina Al Arab, attract global investors and redefine coastal living. By blending modern architecture with strategic locations, RAK Properties continues to drive the emirate’s real estate and tourism growth, offering exceptional investment opportunities and lifestyle experiences.
View All Projects by RAK PropertiesRas Al Khaimah's property market is poised for significant growth. Here's what makes this opportunity exceptional.
AI-based studies predict up to 58% return on investment over five years for premium Ras Al Khaimah properties, driven by the Wynn Resort effect.
The first casino resort in the UAE, opening on Al Marjan Island in spring 2027. Property values in RAK already rose 20-35% in 2024.
UAE offers 0% income tax, 0% property tax, and 0% capital gains tax. Pay only a one-time 4% registration fee to the Land Department.
RAK has an unprecedented $75 billion in active development projects, signaling massive government commitment to growth and infrastructure.
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