SKAI by RAK Properties

Ras Al Khaimah, United Arab Emirates

1 / 12

Price from

≈ $438,393AED 1,610,000Rate as of 2026-08-30

US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

AED 15,859 / m²

cheaper than 100% of city projects

-35% vs the city median (Ras Al Khaimah), sample of 37 projects

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Data verified Aug 18, 2026price source: developer partner networkupdated 12 days ago

Properties

Condominium

Area

76 - 217 m²

Bedrooms

1 - 3

Readiness

Under construction

Available

9 of 9

Dry season

May, Jul, Aug

First instalment

10%

Properties

Condominium

Area

76 - 217 m²

Bedrooms

1 - 3

Readiness

Under construction

Available

9 of 9

Dry season

May, Jul, Aug

First instalment

10%

Is this expensive for the city

$4,318per m²cheaper than 100% of city projects

Median $6,595

$4,191$10,935

-35% vs the city median (Ras Al Khaimah), sample of 37 projects

Rate as of 2026-08-30, city data updated 2026-08-30. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.

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What it really costs

Payment plan

Step 1
On booking
10%
$43,839
Step 2
Tax
4%
$17,536
Step 3
Before commissioning
30%
$131,518
Step 4
On transfer
20%
$87,679
Step 5
After transfer
40%
$175,357

Total$438,393

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

Purchase price: $438,393

Monthly rent: $2,206

$436$6,576

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

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Occupancy rate: 95%

40%100%

Annual appreciation: 6%

0%20%

Monthly income

$1,684

Annual income

$20,203

Gross yield

5.7%

Net yield

4.6%

Value in 5 years

$586,669

5-year ROI

57%

Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: May, Jul, Aug

Wettest months: Jan, Mar, Dec

Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C

Monthly climate normal: temperature and rainfall
Month	Temperature, °C	Rainfall, mm
Jan	20.1	23
Feb	21.1	10
Mar	23.7	16
Apr	27.5	6
May	31.5	1
Jun	34.1	2
Jul	35.7	1
Aug	35.7	1
Sep	33.7	1
Oct	30.8	2
Nov	26.4	8
Dec	22.4	14

Source: NASA POWER, climate normal (2001-2020). Grid node 25.7, 55.8. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Status

Under construction

Total units

Available

Area

76 - 217 m²

Properties

Condominium

Status

Under construction

Total units

Available

Area

76 - 217 m²

Description

Two buildings make up SKAI, a condo development by RAK Properties in Ras Al Khaimah, currently under construction. The project totals nine units, and all nine remain available, meaning the full range of layouts is still open to buyers.

Unit sizes run from 76.34 sqm to 216.86 sqm, with 1 to 3 bedrooms per unit. Prices start at AED 1,642,000 and go up to AED 4,136,000, with a price per square meter of AED 21,509.

SKAI is located in the Ras Al Khaimah region of the UAE. With all nine units across the two buildings still on the market, buyers can choose from one-bedroom through three-bedroom layouts across the full size range on offer.

Location

Ras Al Khaimah, United Arab Emirates

Market context

Residential price growth

39% YoY

Apartment price level

Dh2,000 per sqft

Rental growth

5% YoY

Average gross rental yield

5.6%

Foreign buyer share

68%

Ras Al Khaimah’s residential market is on a sharp upward trajectory, with prices and rents both posting solid year‑on‑year gains and the emirate attracting a growing share of foreign investors. The momentum is underpinned by strong economic growth, new premium projects such as the Wynn Al Marjan Resort and expanding tourism, suggesting continued capital appreciation and robust rental demand into 2026.

Sources (6) · updated 21/08/2026

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