Jacob & Co to Launch $109 Million Luxury Residences on Al Marjan Island

As the influence of Dubai’s premium real estate culture culture expands across the region, new frontiers are being shaped by the same ambition and exclusivity. Among them, Ras Al Khaimah’s stands out as the next chapter in the UAE’s luxury living narrative.

Jacob & Co., the globally renowned house of haute horlogerie and fine jewelry, has announced the launch of its third branded residential project in the UAE. Developed in partnership with Mantra Properties, the AED 400 million (USD 109 million) ultra-luxury development will be located on Al Marjan Island in Ras Al Khaimah. 

This marks the brand’s first venture on the island, following its earlier residential successes in Dubai and Abu Dhabi, and signals Jacob & Co.’s continued expansion into the UAE’s most exclusive real estate markets.

Elevating the Al Marjan Experience

With its calm coastline and rapidly developing real estate market, Al Marjan Island is fast emerging as one of the UAE’s leading destinations for luxury living. The partnership between Jacob & Co., celebrated for its tradition of craftsmanship and elegance, and Mantra Properties, recognised for its design-focused developments, aims to deliver a residential address that seamlessly blends heritage with contemporary design.

Commenting on the collaboration, Arch. Abdulla Al Abdouli, CEO of Marjan, stated,

“We are thrilled to welcome this extraordinary partnership to Al Marjan Island. It 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 a distinguished chapter to the island’s story, combining exceptional design with world-class amenities.”

Mantra’s Long-Term Vision for the UAE

The project forms a cornerstone of Mantra Properties’ broader expansion strategy within the UAE. Over the next three years, the developer intends to roll out five additional projects across prominent emirates, with a combined projected sellable value of AED1.3 billion ($343 million). This strategic move underscores the company’s long-term commitment to the region and its vision to redefine the benchmarks of ultra-luxury living across the Emirates.

Ankit Gupta, Executive Director at Mantra Properties, shared, “This project is not just about entering a new market—it’s about bringing our legacy to a global stage. We believe in building spaces that resonate beyond brick and mortar, and Jacob & Co.’s global influence allows us to deliver something that is both aspirational and timeless.”

The Road Ahead

As the United Arab Emirates continues to draw some of the world’s most prominent brands and developers, Jacob & Co. stands as a leading force in redefining branded living where luxury is no longer measured solely by location or finishes, but by a deeper sense of identity, emotion, and experience.

At One Investments, real estate is viewed not merely as an asset, but as a powerful connection between global opportunity and individual aspiration. Through a commitment to transparency, due diligence, and long-term performance, we enable clients to build resilient portfolios aligned with both financial goals and future outlook

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