SKAI Tower 2 — project image
Off-Plan

SKAI Tower 2

From AED 1.79M·Handover Jun 2028·5% down payment Payment
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AED 1.79M
Starting Price
Jun 2028
Handover
5% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

SKAI Tower 2 is a premium residential development by RAK Properties, located on the picturesque Raha Island in Mina Al Arab. As part of the prestigious SKAI complex, the tower embodies the concept of serene coastal living. Its architectural style blends flowing lines, cascading forms and panoramic glazing, creating a striking visual identity inspired by the movement of water. The building consists of a ground level, podium level and five residential floors. Available units include studios, 1- and 2-bedroom apartments, as well as 3-bedroom penthouses. The interiors are designed in soft natural tones, while large windows and balconies overlook the lagoons and landscaped waterfronts. Thoughtful layouts and high-quality finishes create a comfortable atmosphere for everyday living and relaxation. Residents of SKAI Tower 2 enjoy full access to the extensive amenities of the entire SKAI development. These include the SKAI Club, an outdoor swimming pool, a yoga pavilion, a padel tennis court, children’s play areas and open-air fitness zones. Green surroundings, water features and promenade spaces enhance the feeling of a private coastal retreat. The location on Raha Island offers close proximity to beaches, restaurants, hotels and the waterfront of Mina Al Arab. The center of Ras Al Khaimah is around 15 minutes away, while Dubai can be reached in just over one hour, making SKAI Tower 2 an attractive and convenient place to live.

Project Specifications
DeveloperRAK Properties
LocationMina Al Arab
Unit Types1 BR, 2 BR, 3 BR, Apartments, Penthouse
AreaMina Al Arab
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 77,411 / year
Cash-on-Cash
2.2%
Levered cashflow AED 18,209
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 825,240 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

SKAI Tower 2 — View 2
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Astraterra Properties

Official Documents

Download official marketing materials from RAK Properties.

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Payment Structure

5% down payment

Published payment summary

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Amenities & Lifestyle

BBQ
Club house
Covered Parking
Infinity pool
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lobby
Open air gym
Outdoor Yoga
Paddle court
Recreational areas
Shared Pool
Shared gym & fitness
Social zone
Yoga studio
Zen Garden

Location

Mina Al Arab

Nearby Destinations

Mina Al Arab

Developer and Project Facts

01

SKAI Tower 2 by RAK Properties

02

Located in Mina Al Arab

03

Starting from AED 1,794,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Jun 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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