Mantra Properties, the design-led Indian actual property developer, and Jacob & Co, the long-lasting luxurious jewellery and watch model, have formally signed an unique partnership to launch Jacob & Co Residences on Al Marjan Island, Ras Al Khaimah. The signing ceremony passed off at Salvaje Dubai, the place visitors additionally seen an unique showcase of Jacob & Co’s extraordinary timepieces, additional reflecting the craftsmanship and creativity on the coronary heart of this partnership.
Jacob & Co Residences on Al Marjan Island represents the third Jacob & Co residential growth within the UAE, following profitable initiatives in Dubai and Abu Dhabi, however marks the primary such growth on the celebrated Al Marjan Island and Mantra’s debut venture within the UAE, setting the stage for a visionary growth that may fuse high-end actual property with the spirit of haute horology.
Valued at AED 400 million, the event will merge Mantra’s signature design-led method—formed by years of delivering landmark initiatives in Pune and Mumbai—with Jacob & Co’s daring aesthetic and world enchantment. This distinctive collaboration blends high-end actual property with the world of positive watchmaking, including a uncommon layer of distinction that units the venture aside within the regional luxurious panorama.
Arch. Abdulla Al Abdouli, CEO of Marjan, commented: “We’re thrilled to welcome this extraordinary partnership between Mantra Properties and Jacob & Co to Al Marjan Island. This collaboration completely exemplifies our imaginative and prescient of making a vacation spot that pulls the world’s most prestigious manufacturers and presents residents unparalleled luxurious experiences. The Jacob & Co Residences will add one other distinguished chapter to Al Marjan Island’s story because the UAE’s premier luxurious residing vacation spot, combining distinctive design with world-class facilities in one of many area’s most sought-after places.”
Mantra Properties brings to the UAE over 18 years of growth expertise and a powerful observe report in India, notably in Pune and Mumbai. The developer has efficiently delivered 18 initiatives, encompassing over 12 million sq. ft., and at present has 18 under-development initiatives totaling over 12 million sq. ft. beneath development. Recognized for creating areas rooted in design and constructed on integrity, Mantra has served 1000’s of households and continues to push the boundaries of what trendy residing can provide.
Ankit Gupta, Government Director, Mantra Properties, commented,“This venture is greater than only a new chapter, it’s a mirrored image of our legacy. For practically twenty years, Mantra has believed in constructing not simply properties however lasting experiences that stand the check of time. Partnering with a visionary model like Jacob & Co permits us to raise that legacy on a world platform, bringing collectively craftsmanship, magnificence, and innovation in a manner that may redefine luxurious residing on Al Marjan Island.”
Rohit Gupta, CEO, Mantra Properties, added,“Our partnership with Jacob & Co is a defining second that brings collectively two manufacturers pushed by imaginative and prescient, creativity, and excellence. This collaboration isn’t solely about growing a landmark venture on Al Marjan Island however about forging a brand new path for ultra-luxury residing within the UAE. With Jacob & Co’s iconic design language and Mantra’s deep-rooted ardour for significant areas, we’re creating one thing actually extraordinary. It is a daring step ahead for each manufacturers, and we’re enthusiastic about what lies forward.”
With present branded residences in Dubai and Abu Dhabi, Jacob & Co continues its strategic enlargement within the area via this landmark venture.
Mr. Jacob Arabo, Founder & Chairman, Jacob & Co. commented, “At Jacob & Co, we’ve at all times believed in turning goals into actuality whether or not via the intricate mechanics of a timepiece or the glowing brilliance of excessive jewellery. With Mantra Properties, we’ve discovered a associate who shares our relentless pursuit of perfection and innovation. The Jacob & Co Residences on Al Marjan might be a spot the place design, legacy, and luxurious meet—a vacation spot in contrast to some other.”
This collaboration is a part of Mantra’s broader UAE development technique, which incorporates 5 new initiatives over the following three years, with a whole projected sellable worth of AED 1.3 billion. The developer is actively exploring alternatives in strategic places throughout the Emirates, backed by a long-term dedication to the area.
Keep forward of the curve with NextBusiness 24. Discover extra tales, subscribe to our publication, and be a part of our rising group at nextbusiness24.com
