Dubai, UAE, 7 November 2024 – Pantheon Development, a Dubai-based real estate leader, proudly announces its latest AED 1 billion project, One Central, a mixed-use development strategically located at RAK Central in Ras Al Khaimah. Spanning an impressive 450,000 sq. ft., One Central will encompass 312 premium residential units, a Grade A office tower, and luxury hotel apartments, all designed to provide residents and tenants with unparalleled views of Marjan Island, Al Hamra Golf Course, and the upcoming Wynn Resort.
A Landmark for Luxury and Connectivity
Situated in one of the UAE’s fastest-growing regions for tourism and real estate, One Central offers an exceptional blend of luxury living and proximity to world-class attractions. Just six minutes from Marjan Island and with easy access to Sheikh Mohammed Bin Zayed Road (E311) and E11, residents enjoy seamless travel to Dubai and other key destinations.
The project includes an array of 25 luxurious amenities such as an infinity rooftop pool, sky lounge, jogging track, cinema, and a dedicated dog park. Its first phase will offer diverse floor plans, from studios to two-bedroom apartments, some of which will feature private pools. One Central is set to redefine lifestyle choices, blending modern design with sustainable practices to create a vibrant community for Northern Emirates.
Visionary Community in RAK Central’s Financial Hub
“RAK Central is set to evolve as a thriving financial hub, with One Central positioned at the core of this transformation,” said Kalpesh Kinariwala, Founder of Pantheon Development. “This project is a cornerstone of our vision for RAK Central Masterplan, aimed at establishing a sustainable, innovative, and economically strong community for residents, businesses, and the wider region.”
Prime Real Estate Investment Opportunity
Valued at AED 1 billion and scheduled for completion in Q4 2027, One Central is poised to become a flagship development in Ras Al Khaimah, marking a key investment opportunity for buyers and investors seeking luxury living in a high-growth area. Leading global real estate consulting firm Betterhomes has been appointed as the exclusive sales partner for the project.
“We are excited to collaborate with Pantheon Development on this landmark project,” stated Richard Waind, CEO of Betterhomes. “One Central offers an extraordinary blend of luxury lifestyle and flexible financing, and Betterhomes, with its strong network and 30+ years of expertise, is well-positioned to assist buyers and investors throughout this iconic development.”
