Distress Deal | 30/70 Plan | Waterfront Living

Type

Apartment

Purpose

Sale

Furnishing

Unfurnished

Updated

18th May 2026

Completion Status

Off-Plan

Payment Plan

50/50

Handover

Q2 2028

Developer

RAK Properties

Project Name

SKAI

Discover an exceptional distressed deal at SKAI, a premium waterfront development by RAK Properties, located on the pristine Raha Island within Mina Al Arab, Ras Al Khaimah. This rare opportunity allows buyers and investors to secure a luxury coastal residence at highly competitive pricing, well below current market value, in one of the UAE’s fastest-growing waterfront destinations.

Unit Details:

Studios
399 square feet
Tower 1
30/70 Payment Plan

AMENITIES & FEATURES:

• Private SKAI Residents Club
• State-of-the-art gym with panoramic waterfront views
• Landscaped gardens and sustainable green areas
• Direct private beach access for maximum privacy
• Walking trails, leisure decks, and relaxation zones
• Secure parking and 24/7 security

Prime Location:
Al Hamra Island – 8 Minutes
Heritage Museum – 7 Minutes
Al Hamra Mall – 9 Minutes
Al Hamra Marina & Yacht Club – 11 Minutes
RAK Cultural Center – 21 Minutes

SKAI at Raha Island is more than a home—it is a distressed luxury opportunity offering unmatched value, exclusivity, and waterfront living in one iconic address.

Posted on: 18th May 2026