Staff Report
Dubai, UAE
RAK Properties, Ras Al Khaimah’s leading publicly listed property developer, has launched Skai, a new waterfront residential development located on Raha Island in Mina, RAK Properties’ flagship island destination set along the coastline of the emirate. Skai is the second residential project launched by the developer in 2025, following the introduction of Mirasol in January, and is a key part of the company’s development pipeline of Dh5 billion.
Set within the Harbour District, Skai features 272 apartments and penthouses that are spread across two towers – one containing 19 residential floors and the other containing five. Prices start from Dh762,000 with a 30/70 payment plan available for a limited period.
The towers are connected by an integrated podium featuring the signature Skai Club. Residents can benefit from a clubhouse, a swimming pool with a pool deck, and padel courts, a gym and various wellness facilities. They can also access the boulevard, a marina, restaurants, cafes, boutiques, and expansive public spaces within the Harbour District.
Sameh Muhtadi, CEO of RAK Properties, said, “We are delighted to unveil Skai, a development that reinforces our commitment to delivering exceptional and sustainable communities. As a master developer of communities, we want to create experiences and enrich people’s lives. Skai is the embodiment of that – combining modern design, functionality, and an integrated lifestyle.
“As we continue to shape the future of Ras Al Khaimah’s real estate sector, we’re proud to see this strong momentum building in 2025. Our focus remains on delivering exceptional developments that meet the evolving needs of today’s residents, offering connectivity, convenience, and a true sense of community.”
Strategically located on Raha Island within Mina, Skai offers residents a prime location within one of Ras Al Khaimah’s most exciting new districts. The launch follows the successful sell-out of Mirasol and RAK Properties’ recently announced partnership with Four Seasons for a mixed-use project.
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Also read: Four Seasons to debut in RAK through Stirling Hospitality Advisors-led deal
