Spanning an impressive 450,000 sq. ft., the development will feature 312 residential apartments, a Grade A office building, and hotel apartments

Dubai’s Pantheon Development set to unveil AED 1bn project in RAK
Dubai-based real estate major Pantheon Development is set to make a foray into Ras Al Khaimah with an AED 1billion, mixed-use project in RAK Central.

Spanning an impressive 450,000 sq. ft., the development will feature 312 residential apartments, a Grade A office building, and hotel apartments.

The project is designed to offer an unmatched living experience surrounded by stunning sea views of the golf course, the new Wynn resort, and world-class amenities, the company said in a media release.


AED 1bn Pantheon Development project in RAK to be completed in Q4 2027
Dubai’s Pantheon Development set to unveil AED 1bn project in RAK
“One Central is set to be a landmark development in Ras Al Khaimah,” it said. The development is expected to be completed in Q4 2027.

Pantheon Development also announced roping in leading global real estate consulting firm Betterhomes as the exclusive sales partners for One Central.

The project 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.

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 beachfronts, with effortless connectivity via close access to Sheikh Mohammed Bin Zayed Road (E311) and E11, ensuring seamless travel to Dubai and beyond.

“RAK Central is poised to become a vibrant financial district, and One Central is at the forefront of this transformation,” said 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,” he said.

The first phase of the project will include a variety of floor plans, featuring studio, one-bedroom, and two-bedroom units, with select two-bedroom apartments with exclusive amenities such as an attached pool.