The new project SKAI by RAK Properties is being built at Mina Al Arab neighbourhood of Ras Al Khaimah. The development includes studios, 1 and 2 bedroom apartments and 3 bedroom penthouses. Property sizes range from 386 sqft (36 m²) for studios to 2278 sqft (212 m²) for penthouses.
Prices start from 762 000 AED (207 500 $) for a studio, 1-bedroom apartments can be purchased from 1 122 000 AED (305 500 $), 2-bedroom apartments from 2 370 000 AED (645 300 $) and 3-bedroom penthouses start from 4 860 000 AED (1 323 300 $). The developer is offering an interest free 50/50 payment plan with a down payment of 10% for buying apartments at SKAI by RAK Properties. The expected completion date for this property at Ras Al Khaimah is Q2 2028.
The facades of SKAI by RAK Properties at Mina Al Arab are designed in a laconic style, and the interiors are characterised by functionality. Quality materials are used in the finishing. The space has been thoughtfully designed, with large windows flooding the rooms with natural light and open balconies offering views of Mina Al Arab's urban landscape. The kitchens in the apartments at SKAI by RAK Properties are equipped with appliances.
Residents of this property at Mina Al Arab will enjoy the following amenities: infinity pool with panoramic views, yoga room, Zen garden for relaxation and meditation, outdoor gym, paddel court, children's playground, barbecue facilities. A spacious lounge is located in the lobby. SKAI by RAK Properties has 24-hour security, concierge service and underground parking. There are grocery supermarkets, cafes and restaurants within walking distance.
The strategic location of the development provides good transport accessibility. Ras Al Khaimah International Airport is only 30 minutes away and the city centre can be reached in 20 minutes. Mina Al Arab offers Choithrams supermarket, LaLuna and Sea & See cafes, Gold's Gym fitness club, The Beauty Zone and Ayana Beauty & Spa. Al Jazeera Al Hamra Boy's School and Al Jazeera Medical Clinic are a short drive away. For shopping, you can head to My City Centre Al Dhait, which offers a wide selection of shops and a Carrefour hypermarket. Al Jazeerah Beach is 15 minutes from the complex.
Outdoor enthusiasts can enjoy kayaking, water sports or go on a desert safari. Ras Al Khaimah National Museum is a 20-minute drive away, while Dhayah Fort is about 40 minutes' drive away. These historic attractions offer a deeper insight into the region's cultural heritage. Mina Al Arab's nature reserves and mangrove forests are a unique ecosystem ideal for hiking and bird watching.
The average return on investment for a 1 bedroom apartment at Mina Al Arab is around 6% and in some cases can be as high as 15%. The area's demand for permanent residence is growing, which contributes to the steady increase in values of property at Mina Al Arab. In addition, its economic attractiveness is also due to the development of the tourism industry in Ras Al Khaimah, the inflow of international investment and large-scale government projects aimed at improving infrastructure.
Jumeirah Village Circle (JVC)
