Pantheon Development’s AED 1bn Project in Ras Al Khaimah

Friday, 15 November 2024

Dubai-based Pantheon Development is set to launch a remarkable AED 1 billion mixed-use project in Ras Al Khaimah’s vibrant RAK Central, positioning itself as a key player in the UAE’s thriving real estate sector.

Key Highlights:

• Project Highlights:
  • Massive Scale: Spanning 450,000 sq. ft., the development will feature:
    • 312 residential apartments
    • A Grade A office building
    • Hotel apartments
  • Stunning Views & Amenities: Residents will enjoy unparalleled views of the sea, a nearby golf course, the upcoming Wynn resort, and a suite of world-class amenities.
  • Exclusive Sales Partnership: Pantheon Development has partnered with Betterhomes, a leading global real estate consulting firm, as exclusive sales partner for the One Central project.
• Strategic Location:
  • Prime Area: Situated within RAK Central, one of the UAE’s fastest-growing hubs for tourism, leisure, and real estate, One Central offers easy access to key locations.
  • Connectivity: Just six minutes from Marjan Island, home to Wynn Casino and pristine beaches, with seamless access to Sheikh Mohammed Bin Zayed Road (E311) and E11 for quick travel to Dubai and beyond.
• Completion Timeline:
  • Expected completion in Q4 2027.
  • The project is set to be a defining landmark in the region, aligning with the rapid transformation of RAK Central into a dynamic financial district.
• Innovative Vision: Pantheon’s founder, Kalpesh Kinariwala, describes the RAK Central Masterplan as “a sustainable, innovative, and economically robust community.” This development aims to benefit residents, businesses, and the Northern Emirates, making it more than just a real estate endeavor.
• First Phase Details:
  • The first phase will introduce a range of floor plans, including:
    • Studio, one-bedroom, and two-bedroom units
    • Select two-bedroom apartments featuring exclusive amenities like private pools

With an impressive combination of luxury, strategic location, and forward-thinking design, One Central in Ras Al Khaimah is set to redefine living, business, and leisure in the Northern Emirates.