Mantra Properties collaborates with Jacob&Co

For upscale UAE improvement

With a decade of dominance in India’s actual property sector, Pune-based Mantra Properties is stepping onto the worldwide stage by launching Jacob&Co Residences by Mantra, its first abroad luxurious improvement at Al Marjan Island, Ras Al Khaimah, UAE.

In an unique interview in Dubai, Ankit Gupta, Govt Director of Mantra Properties, spoke about why the UAE market was the pure alternative for his firm, how the partnership with Jacob&Co got here to life, and what units this new enterprise aside from the numerous luxurious initiatives already crowding the Emirates skyline.

Gupta acknowledged that the UAE is at the moment “the land of alternative.” With Ras Al Khaimah’s Al Marjan Island rapidly changing into a magnet for worldwide tourism and improvement—house to prime world manufacturers like Nobu and Nikki Seaside—he stated it was solely logical for Mantra to make its mark there.

“We’re a nationwide model proper now with sturdy footprints in Pune and Mumbai. However we need to go worldwide with one thing distinctive—branded actual property that the world will recognise,” Gupta stated.

Gupta defined that Mantra chosen the UAE over different prime locations like Monaco or the US, emphasising the deal with ROI and high quality of life.

“The UAE supplies a extra interesting return on funding—between 7% and 12% for short-term leases—versus 5% to six% within the US. This creates a win-win state of affairs for each buyers and end-users.”

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The partnership with Swiss luxurious watchmaker Jacob&Co didn’t simply come out of skinny air.

Gupta revealed that talks started over a possible ultra-luxury challenge in Pune. That laid the muse for deeper collaboration, ultimately resulting in a a lot larger imaginative and prescient for Ras Al Khaimah.

“Jacob Arabo [Founder & Chairman of Jacob&Co] himself is deeply concerned in each element—from the design to the model ethos. It’s not simply slapping a reputation on a board,” stated Gupta.

On selecting Jacob&Co over extra conventional luxurious names like Rolex, Gupta didn’t mince phrases. “Jacob makes artwork. Watches just like the Astronomia or Bugatti fashions should not simply timepieces—they’re masterpieces. That’s the sort of artistry we need to carry to this challenge. Rolex is nice, however it’s useful luxurious. Jacob is experiential.”

Gupta unveiled particulars concerning the UAE challenge—Jacob&Co Residences by Mantra, positioned within the coronary heart of Al Marjan Island.

“It’s Jacob’s first totally furnished branded residence improvement on Al Marjan Island,” he confirmed. The interiors will likely be fitted with handcrafted Italian furnishings, a part of Jacob Co’s newly launched furnishings line. “Each ingredient will likely be curated to Jacob’s exacting requirements,” Gupta added.

The challenge will function studios, one-bedroom, and two-bedroom models. Whereas pricing has not been disclosed but, Gupta teased that the choices could be engaging each to end-users and buyers.

Handover in Q3 2027

Slated for completion in Q3 2027, the AED400 million Jacob&Co Residences by Mantra challenge will coincide with the opening of the extremely anticipated Wynn Resort at Al Marjan Island. Gupta defined that Mantra plans to have the challenge prepared simply in time for the inflow of thousands and thousands of recent vacationers anticipated to flood the world.

Gupta acknowledged the already saturated luxurious market within the UAE however believes Mantra’s providing is completely different.

“Most branded models in Al Marjan are already bought out. What we’re bringing is not only one other native title—it’s Jacob Co, recognized globally in markets like Brazil, Mexico, and naturally, India,” he famous.

Being primarily based in India is a energy, Gupta stated. “Each challenge we now have launched has been delivered 16 months forward of schedule. We now have constructed a legacy of belief,” he added. Mantra’s inside monetary self-discipline, sturdy planning, and execution report of accomplishment make it a dependable developer for Indian buyers trying overseas, he stated.

Mantra has no plans of slowing down. Gupta confirmed upcoming initiatives in Abu Dhabi, Dubai, and extra developments in Ras Al Khaimah. “After the Disneyland Abu Dhabi announcement, we see a surge of tourism forward, and we need to be part of that story,” he stated.

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Getting into a brand new market at all times comes with challenges, Gupta acknowledged. However Mantra’s technique has been to remain humble and study. “We now have spent over a yr understanding the UAE actual property ecosystem, partnering with the appropriate advisors, and absorbing all the things the market has to supply.”

In response to Gupta, the investor psyche is completely different in India and the UAE. Indian initiatives are extra end-user pushed, providing 3-4% ROI. However within the UAE, you’re looking at double and even triple that. Indian buyers are excited by these numbers and belief us to ship.”

Gupta was all reward for the UAE’s regulatory framework. “The authorities are extremely business-friendly. Escrow mechanisms are in place to guard patrons, and your complete system promotes transparency.”

He additionally acknowledged the numerous enchantment of the UAE Golden Visa. “For Indians, the prospect to achieve a UAE Golden Visa via property funding is a big draw. It’s about life-style, entry, and alternative.”

With meticulous planning, strategic model collaborations, and a daring worldwide outlook, Mantra Properties is positioning itself as a key participant on the worldwide luxurious actual property stage. As Gupta aptly summarised, “This isn’t only a challenge—it’s an announcement.”

Hero picture: Ankit Gupta, Govt Director of Mantra Properties. Credit score: Arnold Pinto