Jacob & Co Residences by Mantra is the first Jacob & Co residential project on Al Marjan Island and Mantra Developments’ Middle East debut. This landmark partnership brings branded studios and 1-2 bedroom apartments surrounded by luxurious resort amenities.
50/50
Payment Plan
Q4 2027
Handover
AED 1,100,000
Starting Price
Jacob & Co Residences by Mantra Developments is the collaboration between the legendary jewellery house and the Indian developer, as well as Mantra's debut in the Middle East. It is located on the coast of Al Marjan Island in RAK with direct access to the beach and park.
The tower consists of 2 basement levels, a ground floor, 7 residential storeys and a rooftop terrace. Properties at Jacob & Co Residences on Al Marjan Island are branded studios and 1-2 bedroom apartments — a total of 232 residences. The size ranges from 302 sqft (28 m²) to 1409 sqft (131 m²).
The interiors are designed in a contemporary style with Italian walk-in closets and kitchens with premium appliances. The bathrooms with Bagnodesign fixtures are fitted with stone, and the balconies with curved glass railings offer views of the sea, the park and the Wynn Resort.
The apartments at Jacob & Co Residences by Mantra are equipped with smart technologies: automated systems, secure electronic locks and heat-resistant glass.
The concept is based on the principle of a ‘home-resort’. There is The Lounge @ Jacob & Co, a rooftop fitness club, saunas and meditation areas, a Zen garden and a running track.
The family area includes a landscape pool, bar, lounge, cabanas, and a kids' club with a pool. On the rooftop, there is an observatory with a panoramic terrace, golf simulator, and relaxation areas. Elite watch boutiques, fine dining restaurants, and lounges are also provided.
You can buy property at Jacob & Co Residences by Mantra on flexible payment terms — 50/50 for studios and 1-bedroom units and 40/60 for 2-bedroom ones with a 20% down payment. Construction is scheduled for completion in Q4 2027.
Renders may look slightly different than real life photos
Renders may look slightly different than real life photos
Studio
1-Bedroom
2-Bedroom
FROM AED 1,100,000 ($299,500)
Total Area: 302 sqft (28 m²)
FROM AED 1,700,000 ($462,900)
Total Area: 704 sqft (65 m²)
FROM AED 2,300,000 ($626,300)
Total Area: 1010 sqft (94 m²)
Al Marjan Island is a man-made archipelago located off the coast of Ras Al Khaimah. The four islands form a prestigious resort cluster covering approximately 270 hectares with 7.8 kilometres of beaches. The area is designed as a ‘resort city’, combining promenades, marinas, world-class hotels, coastal restaurants and kilometres of walking trails. There are also many options for everyday leisure activities, including landscaped parks, promenades for running and cycling, and a variety of water sports, from kayaking to jet skiing. Al Marjan Island is the perfect place to enjoy beach holidays, sports and fine dining by the water every day, without compromising on service quality.
A ‘lifestyle map’ is forming within the archipelago: Al Marjan World, private beach clubs, family leisure areas, hotels with premium gastronomic concepts. The beach and park are just a few minutes’ walk from the house, and Al Marjan Beach Club is also nearby. The flagship Wynn Al Marjan Island is within easy driving distance and will enhance the entertainment and gastronomic component of the cluster. Approximately a 10-minute drive away is Al Hamra Village with an even more diverse infrastructure, including Al Hamra Mall and Al Hamra Golf Club.
RAK International Airport is about a 10-15 minute drive away, and DXB International Airport is about an hour away. Direct access to the E611 and E311 provides quick links to key destinations in the emirates, and in the future, the area will be connected to the Etihad Rail. Such a convenient location makes property on Al Marjan Island attractive not only for vacationing but also for permanent residence.
Among other things, the islands were designed as a balanced family environment. They feature children's playgrounds and sports grounds, well-maintained public spaces, and promenades with cafés and services. The neighbouring districts offer supermarkets, fitness clubs, spas, and water sports centres. In nearby Al Hamra Village and the central areas of the emirate, there are schools and nurseries, private clinics and large hospitals. In the evening, residents of the area can visit restaurants on the coast and relax in the lounge areas of hotel resorts. Analysts believe that Al Marjan Island is one of the most comfortable and promising coastal agglomerations for those who are looking to buy property in Ras Al Khaimah.
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Property at Mantra Jacob & Co Residences on Al Marjan Island is a highly liquid investment asset because of its mix of a well-known brand and a promising location. These are the first Jacob & Co branded residences in the emirate, which makes them a scarce and noticeable product with potential for a premium on resale and short-term rental. The project is constructed on a double corner plot with direct access to the park and beach, which enhances the liquidity and view potential of the apartments.
Demand for property on Al Marjan Island is supported by growing tourist traffic: in 2024, 1,280,000 visits were recorded here, and by 2030, this number is expected to increase to 5,500,000. The current occupancy rate on the island is 97%, and prices have risen by 30% over the past year. After the launch of Wynn Al Marjan Island, analysts predict a return of 8-15% — a major catalyst for the restaurant and entertainment ecosystem and average annual occupancy.
It is also important that the ‘home-resort’ format with its own gastronomic and retail scene increases the average price per apartment at Jacob & Co Residences on Al Marjan Island. Direct access to the E311/E611 and the promising connection to Etihad Rail expand the demand funnel through convenient logistics. All in all, this sets the project apart from the property in Ras Al Khaimah market and makes it resilient to fluctuations.
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Jacob & Co Residences by Mantra Developments are located in Ras Al Khaimah, on a rare double corner plot of Al Marjan Island with direct access to the beach and park, as well as convenient connections to the E311/E611.
Properties at Jacob & Co Residences on Al Marjan Island include a collection of branded studios, 1-bedroom and 2-bedroom apartments.
The starting prices for properties at Mantra Jacob & Co Residences are as follows: studios — AED 1,100,000 ($299,500), 1-bedroom apartments — AED 1,700,000 ($462,900), 2-bedroom residences — AED 2,300,000 ($626,300).
For those looking to buy property at Mantra Jacob & Co Residences on Al Marjan Island, the developer offers the following terms: 50/50 installments for studios and 1-bedroom units and 40/60 for 2-bedroom units. The down payment is 20%.
The handover of apartments at Jacob & Co Residences on Al Marjan Island is scheduled for Q4 2027.
Yes, foreign buyers of any property on Al Marjan Island are granted 100% ownership rights with full repatriation of capital.
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