- Starting from
- AED 824,900
- Layouts
- Studio to 2 bedrooms
- Expected handover
- Oct 2027
About the Project
One RAK Central – Phase II is a freehold residential tower by Pantheon Development in RAK Central, Ras Al Khaimah, opposite Al Hamra Village and minutes from Al Marjan Island. The B+G+19 building offers studios, one- and two-bedroom apartments and retail, priced from AED 824,900, with over 25 amenities including a rooftop infinity pool, and handover scheduled for Q4 2027.
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One RAK Central – Phase II is a freehold residential tower by Pantheon Development in RAK Central, Ras Al Khaimah — a live-work-play community set opposite Al Hamra Village and just minutes from Al Marjan Island. The B+G+19 building brings together 405 units (401 apartments and 4 retail), smart-home technology and more than 25 lifestyle amenities, with sea and green views throughout.
Project overview
- Developer: Pantheon Development
- Location: RAK Central, Ras Al Khaimah (opposite Al Hamra Village, near Al Marjan Island)
- Property types: Apartments & Retail
- Building: B+G+19, 405 units total (210 studios, 105 one-bedroom, 86 two-bedroom, 4 retail)
- Ownership: Freehold
- Starting price: From AED 824,900
- Handover: Q4 2027
Residences & pricing
- Studio: 329-600 sq ft, from AED 824,900
- One Bedroom: 672-760 sq ft, from AED 1,299,900
- Two Bedroom: 810-1,493 sq ft, from AED 1,699,900
- Retail: 559-679 sq ft, price on request
Payment plan
One RAK Central – Phase II is offered on a 20 / 40 / 40 payment plan: 20% down payment, 40% during construction and 40% on completion, plus the 4% DLD fee on completion.
Amenities
Over 25 amenities, including a rooftop infinity pool, rooftop sky bar, outdoor cinema, indoor theatre, zen garden, sky garden and terrace garden, swimming pool, jacuzzi and sunken seating, fully equipped gym, sauna, jogging track, padel and basketball courts, mini golf, BBQ area, dog park, kids' play area, games room and multipurpose room.
Location
Set in RAK Central, the community is about 6 minutes from Al Marjan Island (home of the Wynn Resort), opposite Al Hamra Village, and close to Al Hamra Mall, Al Hamra Golf Club, the Royal Yacht Club of RAK, RAK International Airport and Jebel Jais.
About the developer
Pantheon Development, founded in 2016 by Kalpesh Kinariwala and based in Dubai, has delivered over 1,000 premium residential units, primarily in Jumeirah Village Circle (JVC). One RAK Central marks the debt-free developer's entry into Ras Al Khaimah.
Location
RAK Central
One RAK Central – Phase II sits in RAK Central, Ras Al Khaimah, opposite Al Hamra Village and about 6 minutes from Al Marjan Island and the Wynn Resort. It is close to Al Hamra Mall, Al Hamra Golf Club, the Royal Yacht Club of RAK and Aljazeerah Equestrian Club, with RAK International Airport and Jebel Jais within easy reach — combining beachside leisure with a connected, master-planned urban setting.
Payment Plan
- 20%
Down payment
Down payment
- 40%
During construction
During construction
- 40%
On handover
On completion
Units and Floor Plans
| Type | Beds | Size | Collection | Plan |
|---|---|---|---|---|
| Studio Apartments | Studio | 391 sq ft | Floor Plans | |
| Retail Unit Retail | On request | 559 sq ft | Floor Plans | |
| 1 Bedroom – Type A (alt layout) Apartments | 1 | 678 sq ft | Floor Plans | |
| 1 Bedroom – Type A Apartments | 1 | 685 sq ft | Floor Plans | |
| 2 Bedroom – Type A Apartments | 2 | 818 sq ft | Floor Plans | |
| 2 Bedroom – Type C Apartments | 2 | 898 sq ft | Floor Plans | |
| 2 Bedroom – Type B Apartments | 2 | 945 sq ft | Floor Plans |
Master Plan
Frequently Asked Questions
Where is One RAK Central – Phase II located?
One RAK Central – Phase II is in RAK Central, Ras Al Khaimah, opposite Al Hamra Village and about 6 minutes from Al Marjan Island. It is close to Al Hamra Mall, Al Hamra Golf Club and the Royal Yacht Club of RAK, with RAK International Airport and Jebel Jais within reach.
Who is the developer of One RAK Central?
One RAK Central is developed by Pantheon Development, a Dubai-based developer founded in 2016 by Kalpesh Kinariwala. It has delivered over 1,000 premium residential units, mainly in Jumeirah Village Circle (JVC), and One RAK Central is its first project in Ras Al Khaimah.
What types of homes are available at One RAK Central – Phase II?
The B+G+19 tower offers 405 units in total: 210 studios (329-600 sq ft), 105 one-bedroom apartments (672-760 sq ft), 86 two-bedroom apartments (810-1,493 sq ft) and 4 retail units (559-679 sq ft).
What is the starting price at One RAK Central – Phase II?
Prices start from AED 824,900 for a studio. One-bedroom apartments start from AED 1,299,900 and two-bedroom apartments from AED 1,699,900. Retail unit pricing is shared on request.
What is the payment plan for One RAK Central – Phase II?
The payment plan is 20% down payment, 40% during construction and 40% on completion, plus a 4% DLD fee on completion. Units are freehold.
When is the handover date for One RAK Central – Phase II?
Handover is scheduled for Q4 2027.
What amenities does One RAK Central – Phase II offer?
There are over 25 amenities, including a rooftop infinity pool, rooftop sky bar, outdoor cinema, indoor theatre, zen and sky gardens, swimming pool, jacuzzi, gym, sauna, jogging track, padel and basketball courts, mini golf, BBQ area, dog park, kids' play area, games room and multipurpose room.
