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 the UAE. This follows successful projects in Dubai and Abu Dhabi.

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).

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.

On the upcoming project, Marjan CEO  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,” he stated.