Following the successful acquisition of land in RAK Central, Dubai-based Pantheon Development has announced the launch of its latest mixed-use project - One Central at RAK Central - being set up at an estimated cost of AED1 billion ($272 million) in the heart of the northern emirate of Ras Al Khaimah. 

 

Spanning a 450,000-sq-ft area, the key development will boast 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, said the Dubai developer in a statement. 

 

One Central is designed for those who desire a harmonious blend of luxury and nature. The first phase will include a variety of floor plans, featuring studio, one-bedroom, and two-bedroom units, with select two-bedroom apartments boasting exclusive amenities such as an attached pool. 

 

Residents will enjoy over 25 key amenities, including an infinity rooftop pool, sky lounge, jogging track, cinema, and a dedicated dog park in addition to 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, it stated. 

 

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. The development is expected to be completed in Q4 2027.

 

According to Pantheon, the project is strategically located 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," remarked Kalpesh Kinariwala, the 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 stated. 

 

"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," he added.

 

Leading real estate consulting firm Betterhomes has been appointed as the exclusive sales partners for One Central.-TradeArabia News Service