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About This Project
One Central by Pantheon Development is a residential tower inside RAK Central — Ras Al Khaimah's largest business district spanning 3 million sq. ft of rentable commercial space. Designed by Tony Ashai, the building offers studios and 1-2 bedroom apartments ranging from 387 to 947 sq. ft, all with balconies. Select two-bedroom units include private pools, a rare feature at this price point. The project sits close to Sheikh Mohamed Bin Salem Road, putting Ras Al Khaimah International Airport 30 minutes away by car. Al Maya Supermarket, RAK Medical Center Al Hamra, RAK Academy Al Hamra, and Red Bus Nursery are all within walking distance. The surrounding business district will draw tenants from finance, logistics, and hospitality sectors. With RAK averaging 6% ROI and the Wynn Al Marjan Island resort — projected to generate AED 3.7B in annual gaming revenue — opening in 2027, short-term rental demand is set to rise sharply. The 60/40 payment plan keeps entry manageable, and investors committing AED 2M+ qualify for a UAE 10-year Golden Visa. Handover is scheduled for Q4 2027.
Investment Highlights
RAK Central offers 3M sq. ft of rentable space attracting anchor tenants from finance, logistics, and hospitality sectors
Average ROI in Ras Al Khaimah is 6%
Proximity to Wynn Al Marjan Island gaming resort (opening 2027), projected to generate AED 3.7B annually, boosting short-term rental demand
Investment of AED 2M+ qualifies for a 10-year UAE Golden Visa with family and domestic staff sponsorship
Payment Plan
60/40
