Mantra Properties, the design-led Indian real estate developer, has officially signed an exclusive partnership with iconic luxury jewellery and watch brand Jacob & Co for the launch of its branded residences on Al Marjan Island in Ras Al Khaimah. 

 

Being set up at an investment of AED400 million ($109 million), Jacob & Co Residences represents the luxury jewellery brand's third residential development in UAE. 

 

This follows successful projects in Dubai and Abu Dhabi, but marks the first such development on the prestigious Al Marjan Island and Mantra’s debut project in the UAE, setting the stage for a visionary development that will fuse high-end real estate with the spirit of haute horology.

 

This collaboration is part of Mantra’s broader UAE growth strategy, which includes five new projects over the next three years, with a total projected sellable value of AED1.3 billion ($343 million). 

 

The developer is actively exploring opportunities in strategic locations across the emirates, backed by a long-term commitment to the region.

 

Unveiling the project, Mantra said the development will merge its signature design-led approach - shaped by years of delivering landmark projects in Indian cities of Pune and Mumbai - with Jacob & Co’s bold aesthetic and global appeal. 

 

This unique collaboration blends high-end real estate with the world of fine watchmaking, adding a rare layer of distinction that sets the project apart in the regional luxury landscape, it stated.

 

The signing ceremony took place at Salvaje Dubai, where guests also viewed an exclusive showcase of Jacob & Co's extraordinary timepieces, further reflecting the craftsmanship and creativity at the heart of this partnership.

 

On the upcoming project, Marjan CEO  Arch. Abdulla Al Abdouli said: "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," he stated.

 

Mantra Properties brings to the UAE over 18 years of development experience and a strong track record in India, particularly in Pune and Mumbai. 

 

The developer has successfully delivered 18 projects, encompassing over 12 million sq. ft., and currently has 18 under-development projects totaling over 12 million sq. ft. under construction.

 

Known for creating spaces rooted in design and built on integrity, Mantra has served thousands of families and continues to push the boundaries of what modern living can offer.

 

Ankit Gupta, Executive Director, Mantra Properties, said: "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," he stated.

 

CEO Rohit Gupta said: "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," he added.

 

With existing branded residences in Dubai and Abu Dhabi, Jacob & Co said it continues its strategic expansion in the region through this landmark project.

 

"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 jewellery," remarked its Founder & Chairman Jacob Arabo.

 

"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," he added.-TradeArabia News Service