After the successful acquisition of land in RAK Central, Dubai-based Pantheon Development has announced the launch of its latest mixed-use project, the stunning One Central at RAK Central, located in the heart of booming Ras Al Khaimah.
According to Industry sources, the project boasts of an ideal location just six minutes from the iconic Marjan Island, home to the world’s largest Wynn Casino and pristine beachfront, with effortless connectivity via close access to Sheikh Mohammed Bin Zayed Road (E311) and E11, ensuring seamless travel to Dubai and beyond.
Industry sources further added that spanning an impressive 450,000 sq. ft., this innovative development will feature 312 residential apartments, a Grade A office building, and hotel apartments – all designed to offer an unmatched living experience surrounded by stunning sea views of the golf course, the new Wynn resort, and world-class amenities.
Industry sources further added that the residents will enjoy fantastic leisure options just minutes away, including Al Hamra Village, Al Hamra Golf Club, and the Wynn Resort, along with unobstructed views of the golf course, the sea, and expansive natural landscapes. Additionally, it is positioned within RAK Central, one of the UAE’s fastest-growing regions for tourism, leisure, and real estate, making it a prime location for future growth.
“RAK Central is poised to become a vibrant financial district, and One Central is at the forefront of this transformation,” stated Kalpesh Kinariwala, Founder of Pantheon Development. “Our vision in RAK Central Masterplan is more than just a real estate endeavour – it is a pivotal step towards building a sustainable, innovative, and economically robust community that will benefit residents, businesses, and the broader Northern Emirates region for years to come. We are aiming to create communities that not only meet the needs of modern living but also enhances the quality of life for our residents through innovative design and sustainable practices.”
Industry sources further confirmed that leading global real estate consulting firm Betterhomes, one of the most globally respected firms with more than three decades of experience, has been appointed as the exclusive sales partner for One Central.
“We are thrilled to be appointed as the exclusive sales partners for One Central in collaboration with Pantheon Development,” stated Richard Waind, CEO of Betterhomes. “This project represents a landmark opportunity for both buyers and investors, offering an unparalleled blend of luxury living and flexible financing options. With our extensive suite of services and deep-rooted network, Betterhomes is well-positioned to significantly add value to One Central, guiding prospective owners and investors through every step of this extraordinary development.”
Industry sources further added that with a total sale value of approximately AED 1 billion, One Central is set to be a landmark development in Ras Al Khaimah. The development is expected to be completed in Q4 2027.
