Skai Raha Island Payment Plans: Standard, Advanced and Post-Handover

Skai publishes three separate payment plans: a standard 50/50 split, an advanced 70/30 split, and a post-handover 60/40 split. Starting price is 877,000 AED, with handover set for Q2 2028. Which plan suits you depends on how much you want to pay before completion versus after.

The three plans compared

The standard and advanced plans both settle in full by the Q2 2028 handover date; the post-handover option is the only one of the three that carries a balance due after keys change hands.

What Skai is, in brief

Skai, developed by RAK Properties, sits on Raha Island within Mina Al Arab's South Harbour. The project covers studios up to 3-bedroom penthouses across 272 units in two towers, one of 19 floors and one of 5 floors, with sizes running from roughly 380 to 2,335 sqft.

Why three plans instead of one

Offering a standard, an advanced and a post-handover structure lets a buyer choose based on cash flow rather than being locked into a single schedule. A buyer who can pay more upfront might prefer the advanced 70/30 plan if it comes with better terms from RAK Properties, confirmed directly with your adviser. A buyer who wants to spread cost beyond completion has the post-handover 60/40 option instead, though it is the only plan where money is still owed after Q2 2028.

Thinking through which plan fits your situation

A buyer who already has the full purchase amount available, or close to it, may find the advanced 70/30 plan the most straightforward: more is settled before handover, leaving a smaller balance once the project completes. A buyer who would rather keep more cash available during the construction period, perhaps to cover other costs or investments in parallel, may prefer the standard 50/50 split instead, since it spreads commitment more evenly. The post-handover 60/40 option suits a buyer comfortable owing a portion of the price after Q2 2028, provided they confirm the exact terms of that remaining balance with their adviser.

What the fiche does not break down

None of the three plans is broken into individual instalment percentages and dates on the fiche as consulted; each is described only as the overall split (50/50, 70/30, or 60/40). The exact instalment calendar within each plan, and which plan applies to which specific unit size or floor, are confirmed directly by your adviser.

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How Skai compares with its Mina Al Arab neighbour

Skai sits within the same Mina Al Arab area as Nura, another RAK Properties project. Nura starts lower, at 800,000 AED, and offers a standard 40/60 or special 60/40 plan, a different structure from Skai's three options. A buyer comparing the two should weigh the 77,000 AED gap in starting price against the different payment flexibility each project offers.

What a buyer should work out with their adviser

The percentages above apply to whichever unit price you confirm, not only to the 877,000 AED entry figure: a larger unit carries the same 50/50, 70/30 or 60/40 split, scaled to its own price. Your adviser calculates the exact AED amount due at each stage once you have chosen a unit and a plan.

Keeping the three plans in perspective

None of the three plans is presented as the default choice; RAK Properties offers all three precisely because buyers arrive with different financial situations. Treat the comparison above as a starting point for a conversation with your adviser about your own cash flow, rather than a ranking of which plan is best in general.

Next step with Orven

If cash flow timing matters as much as price for your Skai purchase, send your budget and preferred plan on WhatsApp at +971 52 776 1939 or to sales@orvenproperties.com, and your adviser confirms which plan applies to the unit you want. Start your search at /find-your-home/. The Skai fiche is at /ras-al-khaimah/skai-rak-properties/. Our Skai Raha Island guide and our Mina Al Arab payment plans compared guide cover the project and its area in more depth.

A practical step before committing to a plan

Ask your adviser to run the three plans side by side against your own cash flow before you commit, rather than choosing based on the lowest headline upfront percentage alone. The right plan depends as much on your available funds between now and Q2 2028 as on the unit itself.

FAQ

What are Skai's three payment plans? Standard (50/50), advanced (70/30), and post-handover (60/40).

Which plan leaves a balance due after handover? Only the post-handover plan, with 40% due after completion.

What is Skai's starting price? 877,000 AED.

When is Skai handed over? Q2 2028, according to the project fiche.

Is the detailed instalment schedule for each plan published? No, only the overall split is published; the exact dates and percentages within each plan are confirmed by your adviser.