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SKAI at Mina Al Arab - Payment Plan

RAK Properties provides a flexible payment plan system at SKAI that allows people to purchase luxury homes through more flexible means. The installment structure at this real estate development enables homeowners and investors to easily acquire their desired homes. Homebuyers enjoy the payment process through an initial down payment which is balanced by a series of installment payments synchronized with the progression of construction.

Option-1: Attractive Standard 50/50, Installments Payment Plan

InstallmentPayment (%)Milestone
Down Payment10%On Booking Date
1st Installment5%Within 3 months from booking date
2nd Installment5%Within 9 months from booking date
3rd Installment10%Within 15 months from booking date
4th Installment5%Within 21 months from booking date
5th Installment5%Within 27 months from booking date
6th Installment10%Within 33 months from booking date
Final Installment50%On Handover

Option 2:Easy Installments Payment Plan - SPECIAL (30/70)

InstallmentPayment (%)Milestone
Down Payment10%On Booking date
1st Installment5%Within 3 months from booking date
2nd Installment5%Within 6 months from booking date
3rd Installment5%Within 12 months from booking date
4th Installment5%Within 15 months from booking date
Final Installment70%On Completion

Option3: Attractive 70/30, Advanced Payment Plan

InstallmentPayment (%)Milestone
Down Payment10%On Booking  Date
1st Installment10%Within 3 months from booking date
2nd Installment10%Within 9 months from booking date
3rd Installment10%Within 15 months from booking date
4th Installment10%Within 21 months from booking date
5th Installment10%Within 27 months from booking date
6th Installment10%Within 33 months from booking date
Final Installment30%On Handover