Mantra Properties, the design-led Indian real estate developer, has officially partnered with luxury jewelry and watch brand Jacob & Co to launch Jacob & Co Residences on Al Marjan Island, Ras Al Khaimah. Valued at AED 400 million, the development marks Mantra’s first Middle East project and Jacob & Co’s debut residential venture on the island — a bold fusion of haute horology and ultra-luxury living.
The signing ceremony, held at Salvaje Dubai, featured an exclusive showcase of Jacob & Co’s extraordinary timepieces, reflecting the craftsmanship and creativity at the heart of this collaboration. The project is Jacob & Co’s third branded residence in the UAE, following successful launches in Dubai and Abu Dhabi, and sets a new benchmark for branded living on Al Marjan Island.
Blending Mantra’s design-first legacy from Pune and Mumbai with Jacob & Co’s global aesthetic, the development promises to deliver a visionary address that merges architecture, elegance, and innovation. According to Arch. Abdulla Al Abdouli, CEO of Marjan, the partnership exemplifies the island’s ambition to attract world-class brands and offer 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,” said Al Abdouli. “This collaboration perfectly aligns with our vision of creating a destination that offers exceptional design and world-class amenities.”
Mantra Properties brings over 18 years of development experience, with 18 delivered projects and another 18 under development, totaling more than 12 million sq. ft. The brand is known for creating spaces rooted in design and built on integrity — a philosophy that now extends to its UAE expansion.
“This project is more than just a new chapter, it’s a reflection of our legacy,” said Ankit Gupta, Executive Director, Mantra Properties. “Partnering with a visionary brand like Jacob & Co allows us to elevate that legacy on a global platform.”
Rohit Gupta, CEO of Mantra Properties, added, “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.”
Jacob Arabo, Founder & Chairman of Jacob & Co, echoed the sentiment:
“With Mantra Properties, we’ve 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, with a projected sellable value of AED 1.3 billion. The developer is actively exploring strategic locations across the Emirates, backed by a long-term commitment to the region.
