One Central
Off-Plan

One Central

From AED 879,900·Handover Dec 2027·20% down payment Payment
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AED 879,900
Starting Price
Dec 2027
Handover
20% down payment
Payment Plan
Studio · Retail
Type

Project Overview

One Central is a residential project located in RAK Central, Ras Al Khaimah, developed by Pantheon. One of three towers at One Central, this building comprises nineteen residential floors, a ground floor, four podium levels, and a roof. The building’s panoramic glass facades and spacious balconies offer breathtaking views of the city. The development features cozy studios and one- to two-bedroom apartments. Each unit is carefully planned, with open layouts, high-quality finishes, and large windows that provide stunning views of the sea, golf course, and Wynn Resort. Prestigious facilities include a swimming pool, a Zen garden, a BBQ area, a jogging track, a gym, a basketball court, indoor and outdoor cinemas, mini golf, a padel court, a children’s play area, a jacuzzi, a yoga room, and a dog park. Thanks to the complex’s favorable location, residents enjoy easy access to nearby attractions: Al Hamra Mall is just 3 minutes away, Al Marjan Island Beach is 6 minutes away, and Al Hamra Marina and Yacht Club are 5 minutes away. Ras Al Khaimah Corniche is 15 minutes close, while Ras Al Khaimah International Airport is 25 minutes away. Dubai International Airport and Downtown Dubai are reachable within 45 and 60 minutes.

Project Specifications
DeveloperPantheon
LocationRak Central
Unit TypesStudio, Retail, 2 BR, Apartments, Commerce
AreaRak Central
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 37,968 / year
Cash-on-Cash
2.2%
Levered cashflow AED 8,931
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 57,194 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
One Central launch basis978AED 879,900Current launch / asking basis
Rak Central ready-stock comps1,500AED 1.35MIndicative resale benchmark
Rak Central premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Pantheon.

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Payment Structure

20% down payment

Flexible Payment

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Amenities & Lifestyle

BBQ
Basketball court
Cinema
Covered Theater
Covered gym
Dog walking area
Indoor Multipurpose Space
Indoor cinema
Infinity pool
Jogging tracks
Kids Play Area
Landscaped park
Leisure areas
Lift
Lobby
Meditation zone
Mini Golf
Outdoor Yoga
Outdoor cinema
Paddle court
Pets Allowed
Recreational areas
Retail outlets
Rooftop Pool
SPA
Sauna
Shared Jacuzzi
Shared Pool
Shared gym
Sky Garden
Smart home
Sunken Seating
The Stables
Zen Garden

Location

Rak Central

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Rak CentralRak CentralDubai, UAE

Developer Track Record

01

One Central by Pantheon

02

Located in Rak Central

03

Starting from AED 879,900

04

Unit mix includes Studio, Retail, 2 BR, Apartments

05

Expected handover: Dec 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Get Qualified for One Central

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