Pantheon Development acquires prime land from Marjan to develop mixed-use project ...United Arab Emirates

Marjan through its subsidiary RAK Central has signed an agreement with Pantheon Development, to acquire and develop a major project at their mixed-use destination in the northern emirate. The upcoming project will feature residential apartments, offices, and hotel apartments, and is expected to be completed by Q1 2029. The acquisition of prime land and the commencement of the project reinforces RAK Central’s vision to be the northern emirate’s corporate base and aligns with the mixed-use destination’s strategic goal to be a vibrant space to live, work and play. It underscores Patheon Development’s belief in RAK Central’s potential for further growth and development, said a statement. “RA

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