Dubai-based Pantheon Development has announced the successful launch of its flagship mixed-use project, One Central, located in the heart of RAK Central. The launch event, held at Dubai’s Coca-Cola Arena, drew over 3,500 broker registrations, reflecting the emirate’s growing appeal as a premier destination for living and investment.
Valued at AED 1 billion (approximately $272 million), One Central is set to redefine Ras Al Khaimah’s skyline. Spanning 450,000 square feet, the project integrates residential, commercial, and hospitality spaces, offering a blend of luxury, convenience, and lifestyle amenities.
One Central is designed to cater to a diverse range of lifestyles and offers a mix of studio, one-bedroom, and two-bedroom apartments, with select two-bedroom units featuring exclusive amenities such as an attached pool. The development also features an infinity rooftop pool, sky lounge, jogging track, cinema, and a dedicated dog park.
Residents will enjoy a host of upscale amenities, including an infinity rooftop pool, a sky lounge, a jogging track, a cinema, and a dedicated dog park, all designed to enhance urban living.
Situated in RAK Central, a hub for tourism, leisure, and real estate, One Central offers an unbeatable location just six minutes from Marjan Island, with its pristine beaches and premium resorts. The development is also a short drive from key landmarks such as Al Hamra Village, Al Hamra Golf Club, and the upcoming Wynn Resort. With unobstructed views of the sea and Ras Al Khaimah’s natural landscapes, residents will enjoy a serene yet connected lifestyle.
Pantheon Development’s Founder, Kalpesh Kinariwala, expressed excitement about the project’s early success. “We’re truly thrilled by the response to the One Central launch event. This underscores the growing global interest in Ras Al Khaimah as a prime investment hotspot,” Kinariwala said.
He added, “We are incredibly proud to bring this innovative development to life and contribute to the transformation of RAK Central and the wider emirate. One Central represents our commitment to delivering world-class projects that cater to diverse lifestyles and needs.”
Bookings for One Central are now open to investors, with the first phase slated for completion in Q4 2027.