🔥 Auction | No Reserve | Must Sell | Fully Furnished | 12% Net ROI (AED 195K/Year Guaranteed)

Type

Apartment

Purpose

Sale

Furnishing

Furnished

Updated

20th May 2026

Completion Status

Off-Plan

Payment Plan

55/45

Handover

Q4 2027

Developer

Pantheon Development

Project Name

One Central

Auction Advertisement Permit issued by RERA – Permit No.: 20251001 (Real Estate Regulatory Administration – RAK Municipality)

Auction Date: 18/11/2025 Ends: 6:00 pm

Auction Conducted by Prime Property Auctions LLC – Licensed & Regulated

HOW TO PARTICIPATE
1️⃣ Visit our official website https://property-auction.ae/my-account
2️⃣ Register & Verify Your Account
3️⃣ Pay a 10% refundable deposit (subject to the website’s terms and conditions)
4️⃣ Bid Live – No Reserve, Must Sell!

Agency Fees:
Only 2% of the final bidding price
AUCTION HIGHLIGHTS
🎯 No Reserve – Must Sell!
💰 AED 195,000 guaranteed annual net revenue (12% ROI per year for 3 years)
🛋 Fully Furnished 1BR Apartment by Pantheon Development
🏗 Flexible 60/40 Payment Plan
🚫 Zero Service Charges / Maintenance During ROI Term
🏆 Secure Online Auction – Transparent, Regulated, and Government-Compliant

PROPERTY DETAILS
· Project: ONE RAK CENTRAL
· Developer: Pantheon Development
· Unit Type: 2 BR Apartment
· View: Wynn View
· Floor: #11
· Size: 817.84 sq. ft.
· Bathroom: 3
· Price: AED 1,621,400
· Handover: Q4 2027
· Category: Freehold
· Furnished Type: Fully furnished
· Property Status: Off plan

INVESTMENT ADVANTAGES
✅ Guaranteed 12% Net ROI (3 Years) or 10% Net ROI (5 Years)
✅ Fully Furnished with Premium Interiors
✅ Transferable ROI Contracts – Ideal for Investors
✅ Service Charges /Maintenance: Waived During ROI Term
✅ Flexible 60/40 Payment Plan (60% During Construction / 40% on Handover)

LOCATION HIGHLIGHTS
📍 5 min – Wynn Resort & Al Marjan Island Beach
📍 5 min – Marina & Yacht Club
📍 3 min – Al Hamra Mall
📍 25 min – RAK International Airport
📍 45 min – Sharjah International Airport
📍 58 min – Dubai International Airport

ABOUT ONE RAK CENTRAL
Developed by Pantheon Development, ONE RAK CENTRAL introduces a new standard of affordable luxury in Ras Al Khaimah.
Combining elegant design, premium finishes, and guaranteed income options, it’s the perfect investment for both end-users and global investors seeking solid returns and long-term value.

ABOUT PRIME PROPERTY AUCTIONS LLC
Prime Property Auctions LLC – OPC is the first and only licensed private real estate auction house in Ras Al Khaimah (License No. 62509), regulated by RERA & RAK Municipality, and a member of the Ras Al Khaimah Chamber of Commerce (H-64620-2025).
We deliver transparent, compliant, and secure digital property auctions—bridging trust, speed, and opportunity across the UAE’s real estate market.

Posted on: 26th October 2025