SKAI Residences by RAK at Mina Al Arab

Payment Plan

The 70/30 payment plan at SKAI Residences is structured with a clarity and an investor-friendliness that most precisely serves buyers whose primary financial objective is to align the largest capital deployment with the moment the property becomes productive.

10% is due on the booking date, which at the AED 762,000 starting price means the initial capital required to secure a SKAI studio is AED 76,200. For a RAK Properties master community apartment in Mina Al Arab with Q2 2028 possession and a 50% at handover structure, AED 76,200 is the most financially accessible entry available for the quality and address combination SKAI delivers.

40% is paid during construction across 6 instalments, providing a structured and predictable payment rhythm across the development timeline to Q2 2028 possession. The 6-instalment structure gives construction-phase payments a specific and plannable cadence: buyers know exactly when each payment falls, what its amount represents relative to the total commitment, and what construction milestone it tracks, creating the financial transparency and planning confidence that serious buyers at this investment level require from an off-plan commitment of this address significance.

50% is due on handover at 100% completion in Q2 2028, which is the payment plan’s most investor-defining feature. With 50% of the purchase price deferred to the moment of full completion, the structure ensures that the majority of the financial commitment arrives at the exact point when the property is ready to deliver value. For investors, the 50% at handover from Q2 2028 is the financial commitment whose timing coincides with the commencement of rental income from a Mina Al Arab waterfront apartment in a RAK Properties master community, creating the most direct and most financially efficient relationship between the largest capital outgoing and the beginning of productive return.

The Q2 2028 possession date is the timeline feature that gives SKAI its most immediately compelling market distinction within the current Mina Al Arab and Ras Al Khaimah new launch supply. A RAK Properties master community waterfront apartment with 50% at handover and Q2 2028 possession is a financial and delivery combination that is genuinely exceptional in the current UAE off-plan market at this address quality and price level.