SKAI by RAK Properties

SKAI is the latest residential offering by RAK Properties in the harbour district of Raha Island, Mina. Following the success of RAK Properties’ Mirasol project and the partnership with Four Seasons, SKAI is a highly anticipated addition to the community. This striking development comprises 272 residences, offering studios, 1- and 2-bedroom apartments and 3-bedroom penthouses across two towers—one comprising 19 residential floors and the other five.

An integrated podium connects the towers, which features the signature SKAI Club. SKAI’s architecture is bold yet beautiful; interiors are modern, showcasing high-end finishes, with residences enjoying stunning waterfront views. Each unit is complete with a balcony, all 3-bedroom units and select 2-bedroom apartments feature staff accommodation. Property sizes vary from 386 sq. ft to 3,104 sq. ft.

The development's amenities are headlined by the SKAI Club, which features a clubhouse, a fully equipped gym, and a spa. There is also a Zen garden, outdoor gym, padel court, yoga pavilion, BBQ area, children’s playground, and SKAI pool.

SKAI is situated in the vibrant harbour district on Raha Island, Mina. Mina is bordered by 18 km of pristine coastline and offers direct access to the E11 highway, making travel across the city and to other emirates effortless. It enjoys the convenience of being only 18 minutes by car from Al Marjan Island – home of the UAE's first casino resort, and 23 minutes from RAK International Airport.

Within the vicinity are a number of internationally renowned luxury resorts, including Nikki Beach Resort & Beach Club, Anantara Resort & Spa, Intercontinental Resort & Spa, and Four Seasons Resort & Residences. SKAI residents will have the privilege of accessing their first-class amenities.

A short walk from SKAI takes residents to Mina's elite infrastructure: Mina Harbour, which hosts eateries, boutiques, and leisure options, a yacht club and marina, Angle Bay—Mina's public beachfront featuring beachside dining, water sports, and more—and the vibrant Mina Boulevard. Beyond, popular attractions include Ras Al Khaimah Zoo, Flamingo Beach, the National Museum of Ras Al Khaimah, and Saqr Park.

Medical are moments away. These include The American Medical Centre, Sheikh Khalifa Specialty Hospital, Aljazeerah Health Centre, and Eve Medical Centre RAK. Educational options offer ample choice for families – Little Treasures Nursery, Delhi Private School, RAK Academy (Al Hamra), and The International School of Chouefat are some of the options.

As of Q1 2025, one-bedroom apartments in Mina generate an ROI of 5-6%, with starting rental rates of AED 42K (USD 11K) per year. Rental prices are increasing significantly, and ROI is expected to soar as development continues and the Wynn Resort Al Marjan Island opens in 2027.