Pantheon Development is a Dubai-based real estate developer focused on contemporary, lifestyle-oriented residential and mixed-use communities across the UAE. The company emphasizes modern design, functionality, strong community appeal, and price-accessible luxury, aiming to deliver projects that cater to both end users and investors. Pantheon’s developments are known for their quality execution, thoughtful amenities, and timely delivery track record.
Founded by Kalpesh Kinariwala, Pantheon has built a reputation for combining design excellence with practicality, first in Jumeirah Village Circle (JVC), Dubai, and later in Ras Al Khaimah.
Founded: 2016 by Kalpesh Kinariwala
Headquarters: Dubai, United Arab Emirates
Core Focus: Residential and mixed-use communities designed for modern living
Market Focus: UAE (Dubai, Ras Al Khaimah)
Reputation: Known for blending affordable luxury with quality design, community focus, and flexible delivery
One Central is Pantheon Development’s primary project in Ras Al Khaimah, located in the RAK Central master-planned district — a new mixed-use residential and lifestyle hub developed by Marjan.
📍 Project Details
Location: RAK Central, Ras Al Khaimah, UAE — a strategic live-work-play area near Al Hamra Mall and Al Marjan Island.
Project Type: Residential tower with studio, 1-, 2- and 3-bedroom apartments.
Completion: Q4 2027 (off-plan)
Amenities: Infinity rooftop pool, gym, padel courts, walking tracks, cinema, kid’s play area, BBQ spaces, social lounges, yoga gardens, dog park, and more.
Payment Terms: Flexible plans often marketed (e.g., 80/20) to ease purchase.
Investment Appeal: Positioned for both end-users and investors looking for rental income or capital growth in a growing RAK district.
Pantheon’s move into RAK underscores the company’s belief in the emirate’s rising status as a lifestyle and mixed-use real estate market.
Pantheon Development has delivered and is developing multiple projects in Dubai, particularly in Jumeirah Village Circle (JVC):
A series of residential projects (Pantheon Elysee I, II, III) offering studios, 1- and 2-bedroom apartments with modern design and premium finishes aimed at families and investors.
Another contemporary residential community with quality design and lifestyle amenities.
A landmark mixed-use residential and lifestyle project scheduled for completion around 2028, expanding Pantheon’s footprint beyond JVC into JVT — a major growth hub in Dubai.
These projects demonstrate Pantheon’s consistent role in the UAE’s mid- to upper-luxury residential market, combining value with community-focused living.
Pantheon Development’s strengths include:
✔ Affordable luxury positioning: blending premium design with accessible pricing for a broader buyer base.
✔ Quality delivery and design: emphasis on modern aesthetics, smart layouts, and family-friendly environments.
✔ Community focus: developments aim to foster neighborhood connectivity and lifestyle amenities.
✔ Geographical diversification within the UAE: active in both Dubai and Ras Al Khaimah.
✔ Strong local reputation: recognized for meeting delivery timelines and after-sales support.
✔ Modern, functional designs that appeal to families and young professionals.
✔ Flexible payment options tailored for investors and end users.
✔ Projects in rising markets like RAK Central with strong future growth prospects.
✔ Blend of urban and community living in strategic UAE locations.