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15 July 20252 mins read

Mantra Properties and Jacob & Co Partner to Launch Ultra-Luxury Residences on Al Marjan Island

Ras Al Khaimah, UAE – July 13, 2025: Marking a major milestone for Ras Al Khaimah’s upscale property landscape, India-based Mantra Properties has joined forces with the prestigious luxury watch and jewelry brand Jacob & Co to introduce the exclusive Jacob & Co Residences on the iconic shores of Al Marjan Island.

This project, valued at AED 400 million marks Mantra’s inaugural venture in the Middle East and introduces Jacob & Co’s first residential concept on Al Marjan Island, following earlier launches in Dubai and Abu Dhabi.

Blending Mantra’s modern, design-led approach, shaped by successful projects in Pune and Mumbai, with the bold style and refined aesthetic of Jacob & Co, the residences aim to offer a truly exceptional living experience. This partnership seeks to raise the bar for lifestyle design by merging premium real estate with the artistry and distinctive flair of high-end watchmaking.

Set against the picturesque backdrop of Al Marjan Island, this development stands as a unique blend of architectural sophistication and brand-driven luxury, reinforcing Ras Al Khaimah’s growing reputation as a hub for ultra-premium coastal living.

In the official press release by Khaleej Times, Abdulla Al Abdouli, CEO of Marjan, commented: “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.”

In the same press release, Rohit Gupta, CEO, 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. This is a bold step forward for both brands, and we’re excited about what lies ahead.”

This collaboration serves as a cornerstone of Mantra Properties’ bold growth plans in the UAE, with the developer aiming to roll out five new high-end projects across the country within the next three years. With a combined projected sellable value of AED 1.3 billion, the company is actively identifying high-potential locations across the Emirates as it builds its presence in the region’s thriving real estate landscape.

The partnership between Mantra Properties and Jacob & Co marks a bold new chapter in Ras Al Khaimah’s luxury real estate journey, setting a new benchmark for ultra-premium coastal living on Al Marjan Island. This visionary project not only expands both brands’ global footprint but also reinforces the emirate’s status as a rising destination for high-end investment.

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