Skai on Raha Island: RAK Properties' three payment plan choices in Mina Al Arab
272 homes across two towers, starting at 877,000 AED, with a choice of standard 50/50, advanced 70/30 or post-handover 60/40, delivery targeted for Q2 2028. What Skai's listing confirms before you reserve.
Skai: RAK Properties on Raha Island
Skai is a RAK Properties development on Raha Island, part of South Harbour within Mina Al Arab in Ras Al Khaimah. The listing describes two towers, one of 19 storeys and one of 5 storeys, holding 272 homes in total, with sizes ranging from about 380 to 2,335 square feet. The published starting price is 877,000 AED, with delivery targeted for the second quarter of 2028.
Typologies and scale
Skai's listing covers a typology range from studios to 3-bedroom penthouses:
- Studios
- 1, 2 and 3-bedroom apartments
- 3-bedroom penthouses
Across two towers of different heights and 272 homes in total, the project sits at a mid-size scale within the Mina Al Arab portfolio. Current availability by typology, tower and floor is confirmed by your adviser.
Three payment plan choices
Skai's listing is unusual within the collection for publishing three distinct payment plan structures rather than one or two:
| Plan | Structure | At the 877,000 AED starting price |
|---|---|---|
| Standard 50/50 | 50% before handover, 50% at handover | Roughly 438,500 AED before handover, 438,500 AED at handover |
| Advanced 70/30 | 70% before handover, 30% at handover | Roughly 613,900 AED before handover, 263,100 AED at handover |
| Post-handover 60/40 | 60% before or at handover, 40% spread after handover | Roughly 526,200 AED before/at handover, 350,800 AED spread post-handover |
These figures apply specifically to the 877,000 AED starting price; a larger or higher-floor unit changes the amounts proportionally. The exact instalment calendar within any of the three structures, including the post-handover spread period, is confirmed by your adviser rather than assumed from the percentages alone. Our guide on how a construction-linked payment plan works and our answer on what a post-handover payment plan means cover the general mechanics behind these kinds of structures.
Delivery timeline
Skai is sold off-plan, with delivery targeted for the second quarter of 2028. As with any off-plan schedule, treat this as the current target and ask your adviser for the latest construction update before planning around a specific handover date.
Registration costs at the starting price
Ras Al Khaimah land registration (service ZL13, at the RAK Municipality's land department) applies 2% of the market value to the buyer and 2% to the seller, plus a 200 AED plot plan fee and a 200 AED title fee. On Skai's 877,000 AED starting price, the buyer's 2% share works out to roughly 17,540 AED, though the actual amount depends on the value used at registration and the nature of the sale, confirmed with your adviser or the land department.
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Golden Visa: below the threshold at entry price
At its 877,000 AED starting price, Skai sits below the 2 million AED federal Golden Visa threshold. A larger unit, such as a 3-bedroom penthouse near the 2,335 square foot upper range, may approach or reach the threshold at a price confirmed by your adviser. Our guide on the Golden Visa property threshold covers the federal rule.
Who Skai suits
The choice of three payment plans makes Skai more flexible than many projects in the collection for matching a buyer's cash flow preference: the standard 50/50 suits a buyer comfortable with an even split, the advanced 70/30 suits someone able to front-load payments, perhaps in exchange for terms discussed with your adviser, and the post-handover 60/40 suits a buyer who wants part of the price spread beyond completion. The sub-1-million AED entry price also keeps it accessible for a first-time buyer in the collection.
What to confirm before you reserve
- The exact instalment calendar within whichever of the three plans you choose, confirmed by your adviser for your specific unit.
- Whether any plan carries different terms or eligibility depending on typology.
- The current construction status against the Q2 2028 delivery target.
- Whether your target unit would clear the Golden Visa threshold, confirmed once a price is in hand.
For the wider Mina Al Arab context and the other RAK Properties projects nearby, see the Ras Al Khaimah destination page.
Working with Orven on Skai
Send your preferred payment plan, standard, advanced or post-handover, along with your target typology, on WhatsApp at +971 52 776 1939 or to sales@orvenproperties.com. Your adviser confirms current pricing, the exact instalment calendar, and the latest construction update against the Q2 2028 target.
FAQ
What is Skai's starting price? The listing publishes 877,000 AED as the starting price. Larger typologies and penthouses are priced individually, confirmed by your adviser.
What are the three payment plans at Skai? A standard 50/50 split, an advanced 70/30 split with a larger share paid before handover, and a post-handover 60/40 plan that spreads 40% of the price after completion.
When is Skai due for completion? Delivery is targeted for the second quarter of 2028. Treat this as the current target and ask your adviser for the latest construction update.
Does Skai qualify for the Golden Visa? At the 877,000 AED starting price, it sits below the 2 million AED federal threshold. A larger unit, such as a penthouse, may approach or reach the threshold; confirm with your adviser and the authorities once a price is set.
Can I switch between the three payment plans after reserving? That depends on terms set by the developer rather than something to assume either way; raise it with your adviser before you reserve if flexibility matters to you.
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Talk to an Orven adviser
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Frequently asked questions
What is Skai's starting price?
The listing publishes 877,000 AED as the starting price. Larger typologies and penthouses are priced individually, confirmed by your adviser.
What are the three payment plans at Skai?
A standard 50/50 split, an advanced 70/30 split with a larger share paid before handover, and a post-handover 60/40 plan that spreads 40% of the price after completion.
When is Skai due for completion?
Delivery is targeted for the second quarter of 2028. Treat this as the current target and ask your adviser for the latest construction update.
Does Skai qualify for the Golden Visa?
At the 877,000 AED starting price, it sits below the 2 million AED federal threshold. A larger unit, such as a penthouse, may approach or reach the threshold; confirm with your adviser and the authorities once a price is set.
Can I switch between the three payment plans after reserving?
That depends on terms set by the developer rather than something to assume either way; raise it with your adviser before you reserve if flexibility matters to you.
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