SKAI

About SKAI

SKAI is the most amenity-led of RAK Properties’ Raha Island buildings, and the one that leans hardest into a club proposition. Two towers of five to nineteen levels are joined by a leisure deck, with 272 homes from studios and one-bedrooms to two-bedrooms and three-bedroom penthouses, spread across 386 to 4,860 sq ft.

It sits in Mina’s South Harbour district on Raha Island — the marina side of the masterplan, closer to the berths and the yacht club than the beach clubs. That position is the whole pitch: mountain views on one elevation, island life on the other, and a marina that is being built out beneath you.

What to weigh. SKAI Club is the product. The published offer is a fitness studio, pool and pool deck, padel court and clubhouse, plus a zen garden, outdoor gym, yoga pavilion, barbecue area and junior playland. That is a lot of shared amenity for 272 homes, which is good for lifestyle and a mixed blessing for service charge: more amenity per unit means a higher cost per unit, and club-style buildings in resort districts are expensive to run well.

The pricing is unusual at the top end. The factsheet starts at AED 877,000 for a studio and jumps to AED 1.7 million for a one-bedroom premium — nearly double, for a unit of 814 to 1,473 sq ft. The three-bedroom penthouses start at AED 3.9 million for roughly 2,300 sq ft. Between the studio and the premium one-bedroom there is a gap in the product, not just in the price, and it tells you who the building is aimed at.

The developer context matters more here than in Dubai. RAK Properties launched SKAI in February 2025 as part of the Mina masterplan, and by the end of 2026 it is a company delivering at scale — around 1,300 homes across 2026, on its own guidance — while reporting a first-half profit down more than half year on year. A listed developer with a delivery pipeline and a softer profit line is still a listed developer; the point is to read the construction updates rather than the brochure.

Compiled November 2026 from RAK Properties’ SKAI project page and factsheet (unit types, sizes, starting prices, the three payment plans, completion, amenities), its launch announcement, its 2026 results and the listing portal’s project record for the portal-listed price and handover. Prices are indicative and released in phases.

Homes, sizes and price

The factsheet lists five products with size ranges and from-prices. Note that the one-bedroom “premium” starts more than double the studio and overlaps the two-bedroom band — the range is 814 to 1,473 sq ft for a single bedroom type.

The portal’s from-price is AED 1.610 million, which lands almost exactly on the one-bedroom premium entry. If you are shopping at the studio end, the portal understates what is available to you; if you are shopping at the one-bedroom end, it is close to the mark.

The chalet is the odd product in the table: about the same area as a premium one-bedroom, roughly AED 200,000 more, and marketed on position rather than size. Ask what a chalet actually is here — a duplex, a terrace unit, a corner stack — before paying the difference.

Per square foot, the studio entry is about AED 2,314 and the two-bedroom entry about AED 1,996. The building is priced at a resort premium and the bigger units carry less of it, which is the opposite of what most buyers expect.

Price and payment plan

Three plans are published, which is unusual and genuinely useful: it means you can buy the structure that fits your cash, rather than the one the developer needs this quarter.

The portal records 10/40/50, which matches none of the three exactly and may be a generic template. Treat the developer’s document as the starting point and the SPA as the only binding version.

Post-handover plans deserve a specific question in Ras Al Khaimah: what happens if the building is late? A 60/40 with 40% due after handover is comfortable if handover is on time and awkward if you are paying rent somewhere else while waiting. Get the delay clause and the notice period in writing, and check whether the post-handover instalments are quarterly or annual — the difference is thousands of dirhams a month.

Amenities

The amenity list is the product: SKAI Club with a fitness studio, swimming pool and pool deck, padel court and clubhouse, plus a zen garden, outdoor gym, yoga pavilion, barbecue area and junior playland. In a 272-home building that is a generous ratio of amenity to resident, and it is what separates SKAI from the older Mina buildings.

Two practical questions follow. First, is the club exclusive to residents or open to outside members? A club with memberships can pay for itself and change the character of the building; a club without them is a cost line. Second, what does the padel court cost to book, and is that included in the service charge or charged per hour? In Dubai these details are now standard questions; in Ras Al Khaimah they are less often asked and just as consequential.

Ask for the service charge estimate per square foot, itemised. With a pool, a gym, a padel court and a clubhouse across 272 homes, the number will be materially higher than a plain residential tower in the same masterplan.

Where it is

SKAI is in Mina’s South Harbour district on Raha Island — the marina side of the masterplan. It is the building in the RAK Properties portfolio closest to the berths, which is either the point or irrelevant, depending on whether you own a boat.

The masterplan numbers are the ones to remember: Mina Al Arab runs along 3.5 km of coastline, with protected mangroves, more than 7,000 trees, three operating resorts (InterContinental, Anantara and Nikki Beach) and a new downtown strip under construction. RAK Properties puts Ras Al Khaimah International Airport at 15 minutes and central Dubai at 45.

The honest risk is that Mina’s amenity is being delivered in phases and SKAI’s completion in Q2 2028 sits ahead of some of it. Ask which retail, restaurants and marina facilities will be open when your unit is handed over, and which are still drawings.

At a glance

• 272 homes in two towers of 5 to 19 levels on Raha Island, Mina Al Arab.
• Studios 379–580 sq ft from AED 877,000 on the developer factsheet.
• Portal-listed from AED 1,610,000, which is the one-bedroom premium entry.
• Three payment plans: 50/50, 70/30 and 60/40 post-handover.
• Completion Q2 2028 per the developer; the portal says Q1 2029.
• Club-led amenity: SKAI Club, padel, pool, gym, zen garden, yoga pavilion.
• South Harbour position, closest of the portfolio to the marina.

What we verify before you reserve

• Which completion date is current — Q2 2028 or Q1 2029.
• The unit-by-unit price list and the registered area of your unit.
• The SPA plan and its post-handover terms if you take the 60/40.
• Whether SKAI Club is residents-only or sells memberships.
• The itemised service charge estimate, and the padel court charging policy.
• Escrow and RAK Land Department registration.
• Construction progress against the developer’s published updates.
• Three recent lets in Mina Al Arab at a comparable specification.