Pantheon Development Launches One RAK Central: A New Era for Ras Al Khaimah
Pantheon Development has officially broken ground on One RAK Central, a landmark mixed-use development that signals the beginning of Ras Al Khaimah’s new urban era.
But this is more than a groundbreaking, it’s a story of vision.
Pantheon Development was the first private developer to believe in the RAK Central masterplan, a bold vision laid out by Marjan Authorities to redefine the emirate’s skyline and lifestyle fabric. Where others saw potential, Pantheon saw purpose.
With unwavering belief in the promise of Ras Al Khaimah’s future, Pantheon invested in six strategic plots within RAK Central, cementing its role as a cornerstone in the district’s evolution.
Kalpesh Kinariwala, Founder of Pantheon Development, said: “Pantheon was the first to buy into the RAK Central vision. We saw what Marjan envisioned, a vibrant, world-class district and we knew we could help make it real. One RAK Central is the beginning of that belief taking shape. Our investment across six plots is not just financial; it’s a statement of faith in Ras Al Khaimah’s potential and in the future we’re helping to build.”
The upcoming One RAK Central spans a built-up area of approximately 522,000 sq. ft., designed as a bold ecosystem that unites life, work, and leisure in perfect balance. With sleek architecture by Tony Ashai, the development captures the soul of contemporary living, sophisticated yet human, elegant yet connected to nature.
Strategically located in RAK Central, minutes away from landmarks such as Wynn Resort and Al Hamra Marina, One RAK Central is set to become a symbol of progress, embodying the speed, spirit, and ambition that define the emirate’s next chapter.
Abdulla Al Abdouli, CEO of Marjan, commented: “RAK Central is the future of Ras Al Khaimah’s urban landscape, and One RAK Central is a cornerstone of that vision. Pantheon’s early commitment and belief in this project underscore the confidence that leading developers have in Ras Al Khaimah’s growth story.”
Tony Ashai, Lead Architect of One RAK Central, added: “We wanted to create more than a building, we envisioned a living, breathing destination that reflects both elegance and emotion. One RAK Central harmonizes design, functionality, the best views and the natural beauty of RAK.”
The atmosphere at the groundbreaking was charged with excitement, a moment of promise, of belief turned to action. The vision has been drawn. The land has been blessed. The future has begun.
The start of construction for this project comes amid Ras Al Khaimah’s transformative growth, driven by record tourism, infrastructure expansion, and global investment. In just the first half of 2025, over 654,000 visitors arrived in the emirate. More than 20 new hotels are in development, while mega-projects like the $3.9 billion Wynn Al Marjan Resort continue to capture global attention.
Pantheon Development’s commitment aligns perfectly with this momentum, building ahead of the curve, creating developments that speak to ambition, emotion, and enduring value.
One RAK Central isn’t just a project. It’s a movement, a living testament to what happens when vision meets conviction.
Pantheon Development Launches One RAK Central: A New Era for Ras Al Khaimah
Pantheon Development has officially broken ground on One RAK Central, a landmark mixed-use development that signals the beginning of Ras Al Khaimah’s new urban era.
But this is more than a groundbreaking, it’s a story of vision.
Pantheon Development was the first private developer to believe in the RAK Central masterplan, a bold vision laid out by Marjan Authorities to redefine the emirate’s skyline and lifestyle fabric. Where others saw potential, Pantheon saw purpose.
With unwavering belief in the promise of Ras Al Khaimah’s future, Pantheon invested in six strategic plots within RAK Central, cementing its role as a cornerstone in the district’s evolution.
Kalpesh Kinariwala, Founder of Pantheon Development, said: “Pantheon was the first to buy into the RAK Central vision. We saw what Marjan envisioned, a vibrant, world-class district and we knew we could help make it real. One RAK Central is the beginning of that belief taking shape. Our investment across six plots is not just financial; it’s a statement of faith in Ras Al Khaimah’s potential and in the future we’re helping to build.”
The upcoming One RAK Central spans a built-up area of approximately 522,000 sq. ft., designed as a bold ecosystem that unites life, work, and leisure in perfect balance. With sleek architecture by Tony Ashai, the development captures the soul of contemporary living, sophisticated yet human, elegant yet connected to nature.
Strategically located in RAK Central, minutes away from landmarks such as Wynn Resort and Al Hamra Marina, One RAK Central is set to become a symbol of progress, embodying the speed, spirit, and ambition that define the emirate’s next chapter.
Abdulla Al Abdouli, CEO of Marjan, commented: “RAK Central is the future of Ras Al Khaimah’s urban landscape, and One RAK Central is a cornerstone of that vision. Pantheon’s early commitment and belief in this project underscore the confidence that leading developers have in Ras Al Khaimah’s growth story.”
Tony Ashai, Lead Architect of One RAK Central, added: “We wanted to create more than a building, we envisioned a living, breathing destination that reflects both elegance and emotion. One RAK Central harmonizes design, functionality, the best views and the natural beauty of RAK.”
The atmosphere at the groundbreaking was charged with excitement, a moment of promise, of belief turned to action. The vision has been drawn. The land has been blessed. The future has begun.
The start of construction for this project comes amid Ras Al Khaimah’s transformative growth, driven by record tourism, infrastructure expansion, and global investment. In just the first half of 2025, over 654,000 visitors arrived in the emirate. More than 20 new hotels are in development, while mega-projects like the $3.9 billion Wynn Al Marjan Resort continue to capture global attention.
Pantheon Development’s commitment aligns perfectly with this momentum, building ahead of the curve, creating developments that speak to ambition, emotion, and enduring value.
One RAK Central isn’t just a project. It’s a movement, a living testament to what happens when vision meets conviction.
Pantheon Development Breaks Ground on One RAK Central: A New Era for Ras Al Khaimah
Ras Al Khaimah, UAE – Pantheon Development has officially commenced construction on One RAK Central, a landmark mixed-use development poised to redefine the urban landscape of Ras Al Khaimah. This groundbreaking event marks not just the start of a construction project, but the dawn of a visionary transformation for the emirate.
Pantheon Development stands as the first private developer to embrace the ambitious RAK Central masterplan, a bold initiative spearheaded by Marjan Authorities aimed at reshaping the skyline and lifestyle of the region. While many saw potential, Pantheon recognized purpose, investing in six strategic plots within RAK Central and solidifying its role as a cornerstone of this evolving district.
Kalpesh Kinariwala, Founder of Pantheon Development, expressed his enthusiasm: “Pantheon was the first to buy into the RAK Central vision. We saw what Marjan envisioned—a vibrant, world-class district—and we knew we could help make it real. One RAK Central is the beginning of that belief taking shape. Our investment is not just financial; it’s a statement of faith in Ras Al Khaimah’s potential and in the future we’re helping to build.”
Spanning approximately 522,000 square feet, One RAK Central is designed as a harmonious ecosystem that seamlessly integrates life, work, and leisure. The sleek architecture, crafted by renowned designer Tony Ashai, captures the essence of contemporary living—sophisticated yet human, elegant yet deeply connected to nature.
Strategically located just minutes from prominent landmarks such as Wynn Resort and Al Hamra Marina, One RAK Central is set to become a beacon of progress, embodying the speed, spirit, and ambition that characterize Ras Al Khaimah’s next chapter.
Abdulla Al Abdouli, CEO of Marjan, remarked, “RAK Central is the future of Ras Al Khaimah’s urban landscape, and One RAK Central is a cornerstone of that vision. Pantheon’s early commitment underscores the confidence that leading developers have in Ras Al Khaimah’s growth story.”
Tony Ashai, Lead Architect of One RAK Central, added, “We wanted to create more than a building; we envisioned a living, breathing destination that reflects both elegance and emotion. One RAK Central harmonizes design, functionality, the best views, and the natural beauty of RAK.”
The atmosphere at the groundbreaking ceremony was electric, filled with excitement and optimism—a moment where vision transformed into action. The land has been blessed, and the future has officially begun.
This significant milestone comes amid Ras Al Khaimah’s transformative growth, fueled by record tourism, infrastructure expansion, and global investment. In the first half of 2025 alone, over 654,000 visitors flocked to the emirate, with more than 20 new hotels in development and mega-projects like the $3.9 billion Wynn Al Marjan Resort capturing international attention.
Pantheon Development’s commitment aligns seamlessly with this momentum, building ahead of the curve and creating developments that resonate with ambition, emotion, and enduring value.
One RAK Central is not just a project; it’s a movement—a living testament to what can be achieved when vision meets conviction. As construction progresses, the promise of a vibrant future for Ras Al Khaimah draws ever closer.
