What is the payment plan for Skai Mina?

Skai Mina by RAK Properties is sold on a 10/40/50 plan: 10% on booking, 40% during construction, 50% upon handover, as published by the developer.

How much is the booking amount for Skai Mina?

10% of the price. On the cheapest unit at AED 1.6M that is AED 161,000.

How much do I pay before I get the keys to Skai Mina?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.6M that is AED 1.6M by handover in Q2 2028.

Does Skai Mina have a post-handover payment plan?

No. The published plan completes at handover in Q2 2028.

What are the registration fees on Skai Mina?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.6M that is AED 64,400. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.

When is the handover of Skai Mina?

RAK Properties publishes Q2 2028, which is 21 months from now.

RAK Properties · Mina Al Arab · handover Q2 2028

Skai Mina payment plan

Skai Mina by RAK Properties in Mina Al Arab, Ras Al Khaimah is sold on a 10/40/50 payment plan. On the cheapest unit, starting from AED 1.6M, that is AED 1.6M (100%) paid by handover in Q2 2028. Handover is 21 months away.

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The Skai Mina payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	10%
During construction	40%
Upon Handover	50%

On the cheapest unit (1–3 BR, AED 1.6M)

On booking	AED 161,000
During construction	AED 644,000
Upon Handover	AED 805,000
Total (100%)	AED 1,610,000
Months to handover	21

Percentages as published by RAK Properties. Dirham figures are those percentages applied to the published starting price of AED 1,610,000. Registration and other fees are not included.

The Skai Mina instalment schedule, line by line

RAK Properties publishes 3 payment plans for Skai Mina. Each is shown as published, with every instalment and the charges listed alongside it.

Plan 1 of 3: Payment Plan 50/50

Published by RAK Properties

Stage	Instalment	Share	On AED 1,610,000
On booking10%	RERA Registration Feefee	fixed	AED 3,000
	On Booking	10%	AED 161,000
During construction40%	1st Installment to 8th Installment	8 × 5%	AED 80,500 each
Upon Handover50%	Title Deed Registration Feefee	4%	AED 64,400
	Upon Handover	50%	AED 805,000
Total of the plan		100%	AED 1,610,000

Lines marked fee (RERA Registration Fee, Title Deed Registration Fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Plan 2 of 3: 2 Years Post Handover Payment Plan

Published by RAK Properties

Stage	Instalment	Share	On AED 1,610,000
On booking10%	RERA Registration Feefee	fixed	AED 3,000
	On Booking	10%	AED 161,000
During construction30%	1st Installment to 6th Installment	6 × 5%	AED 80,500 each
On Handover20%	Title Deed Registration Feefee	4%	AED 64,400
	On Handover	20%	AED 322,000
After Handover40%	1st Installment to 8th Installment	8 × 5%	AED 80,500 each
Total of the plan		100%	AED 1,610,000

Lines marked fee (RERA Registration Fee, Title Deed Registration Fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Plan 3 of 3: Payment Plan 70/30

Published by RAK Properties

Stage	Instalment	Share	On AED 1,610,000
On booking10%	RERA Registration Feefee	fixed	AED 3,000
	On booking	10%	AED 161,000
During construction60%	1st Installment	5%	AED 80,500
	2nd Installment	10%	AED 161,000
	3rd Installment	5%	AED 80,500
	4th Installment	10%	AED 161,000
	5th Installment	5%	AED 80,500
	6th Installment	10%	AED 161,000
	7th Installment	5%	AED 80,500
	8th Installment	10%	AED 161,000
Upon Handover30%	Title Deed Registration Feefee	4%	AED 64,400
	Upon Handover	30%	AED 483,000
Total of the plan		100%	AED 1,610,000

Lines marked fee (RERA Registration Fee, Title Deed Registration Fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Instalments and charges as published by RAK Properties; the dirham column applies each percentage to the published starting price of AED 1,610,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Skai Mina

The same plan, applied to the starting price RAK Properties publishes for each size in the building.

Unit	From	On booking (10%)	During construction (40%)	Upon Handover (50%)
1 bedfrom 822 sq ft	AED 1,610,000	AED 161,000	AED 644,000	AED 805,000
2 bedfrom 1,204 sq ft	AED 2,414,000	AED 241,400	AED 965,600	AED 1,207,000
3 bedfrom 2,334 sq ft	AED 4,136,000	AED 413,600	AED 1,654,400	AED 2,068,000

Starting price per size as published by RAK Properties; each column is that size’s published starting price multiplied by the stage percentage above.

What it costs to register Skai Mina

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to RAK Properties and not to EZRE, and it sits outside the payment plan above. Administration, trustee and any developer charges are separate and are not shown here.

Unit	From	Land Department 4%
1 bed	AED 1,610,000	AED 64,400
2 bed	AED 2,414,000	AED 96,560
3 bed	AED 4,136,000	AED 165,440

4% applied to each published starting price. The rate is the Dubai Land Department’s published registration fee and is not a figure from the register.

Everything else on Skai Mina

Skai Mina payment plan: questions buyers ask

What is the payment plan for Skai Mina?: Skai Mina by RAK Properties is sold on a 10/40/50 plan: 10% on booking, 40% during construction, 50% upon handover, as published by the developer.
How much is the booking amount for Skai Mina?: 10% of the price. On the cheapest unit at AED 1.6M that is AED 161,000.
How much do I pay before I get the keys to Skai Mina?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.6M that is AED 1.6M by handover in Q2 2028.
Does Skai Mina have a post-handover payment plan?: No. The published plan completes at handover in Q2 2028.
What are the registration fees on Skai Mina?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.6M that is AED 64,400. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.
When is the handover of Skai Mina?: RAK Properties publishes Q2 2028, which is 21 months from now.