Mantra Properties and Jacob & Co, a luxury jewelry and watch brand, have forged a partnership to launch Jacob & Co Residences on Al Marjan Island in Ras Al Khaimah. The signing ceremony took place at Salvaje Dubai, where guests had the opportunity to witness an exclusive showcase of Jacob & Co’s timepieces, further emphasising the craftsmanship and creativity that underpin this partnership.
Jacob & Co Residences on Al Marjan Island marks the third residential development by Jacob & Co in the UAE, following projects in Dubai and Abu Dhabi. However, it holds the distinction of being the first such development on the Al Marjan Island and Mantra’s inaugural project in the UAE. This visionary development aims to harmonise high-end real estate with the spirit of haute horology, creating a unique and exclusive experience.
Valued at US $109mn, the development will integrate Mantra’s design-led approach, nurtured by years of delivering landmark projects in Pune and Mumbai, with Jacob & Co’s bold aesthetic and global appeal. This collaborative endeavor merges high-end real estate with the world of fine watchmaking, infusing the project with a rare level of distinction that sets it apart in the regional luxury landscape, said a statement.
Abdulla Al Abdouli, CEO of Marjan commented, “We are thrilled to welcome this extraordinary partnership between Mantra Properties and Jacob & Co to Al Marjan Island. This collaboration perfectly exemplifies our vision of creating a destination that attracts the world’s most prestigious brands and offers residents unparalleled luxury experiences. The Jacob & Co Residences will add another distinguished chapter to Al Marjan Island’s story as the UAE’s premier luxury living destination, combining exceptional design with world-class amenities in one of the region’s most sought-after locations.”
Ankit Gupta, Executive Director, Mantra Properties commented, “This project is more than just a new chapter, it’s a reflection of our legacy. For nearly two decades, Mantra has believed in building not just homes but lasting experiences that stand the test of time. Partnering with a visionary brand like Jacob & Co allows us to elevate that legacy on a global platform, bringing together craftsmanship, elegance, and innovation in a way that will redefine luxury living on Al Marjan Island.”
Rohit Gupta, CEO, Mantra Properties added, “Our partnership with Jacob & Co is a defining moment that brings together two brands driven by vision, creativity, and excellence. This collaboration is not only about developing a landmark project on Al Marjan Island but about forging a new path for ultra-luxury living in the UAE. With Jacob & Co’s iconic design language and Mantra’s deep-rooted passion for meaningful spaces, we’re creating something truly extraordinary. This is a bold step forward for both brands, and we’re excited about what lies ahead.”
Jacob Arabo, Founder & Chairman, Jacob & Co. remarked, “At Jacob & Co, we have always believed in turning dreams into reality whether through the intricate mechanics of a timepiece or the sparkling brilliance of high jewelry. With Mantra Properties, we have found a partner who shares our relentless pursuit of perfection and innovation. The Jacob & Co Residences on Al Marjan will be a place where design, legacy, and luxury meet—a destination unlike any other.”
This collaboration is part of Mantra’s broader UAE growth strategy, which includes five new projects over the next three years. The developer is actively exploring opportunities strategic locations across the country, backed by a long-term commitment to the region. With existing branded residences in Dubai and Abu Dhabi, Jacob & Co continues its strategic expansion in the region through this landmark project, the statement concluded.
Mantra Properties and Jacob & Co partner to launch Jacob & Co Residences on Al Marjan Island Middle East Construction News.
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