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Jacob & Co Residences by Mantra Properties Records AED 300 million in Sales Within 12 Hours of Launch Marking a Historic Milestone for Al Marjan Island
Mantra Properties’ latest ultra-luxury development, Jacob & Co Residences, in collaboration with the iconic watch and jewelry brand Jacob & Co, has achieved a record-breaking milestone, registering over AED 300 million in sales within just 12 hours of its launch. The remarkable response marks a historic moment for Al Marjan Island, setting a new benchmark as the fastest-selling project on the island to date.
The exclusive AED 400 million branded development witnessed an overwhelming demand from investors and high-net-worth individuals, underscoring the UAE’s continued dominance as a hub for branded luxury living. Over 80% of investors’ interest came from expatriate residents and international buyers, highlighting the region’s global appeal for high-end real estate investments.
Speaking at the launch, Arch. Abdulla Al Abdouli, Group CEO of Marjan, commented, “I would like to congratulate the teams at Mantra Properties and Jacob & Co for such a successful launch of the Jacob&Co Residences on Al Marjan Island. A project of this stature truly reflects our vision to bring the best of global luxury brands into Ras Al Khaimah’s thriving lifestyle landscape. This project will not only elevate the island’s appeal but also redefine what modern luxury living means in this region and we wish all stakeholders continued success in Al Marjan Island and beyond.”
Commenting on the milestone, Ankit Gupta, Managing Director of Mantra Properties, added, “This milestone represents the culmination of Mantra’s two-decade legacy of design excellence and innovation. Jacob & Co Residences is not merely a development, it’s a statement of craftsmanship, ambition, and vision. The unprecedented response we’ve received reinforces the demand for curated luxury experiences that combine artistry, architecture, and aspiration. We’re proud to deliver a project that redefines luxury living in Ras Al Khaimah.”
Designed as a symbol of elegance and artistry, Jacob & Co Residences will comprise 223 limited-edition residences featuring a curated selection of studio, one-bedroom, and two-bedroom apartments, with prices starting from AED 1.01 million. The project is slated for handover in Q4 2027, and promises an exclusive lifestyle that merges high design, wellness, and experiential luxury.
Set against the scenic waterfront of Al Marjan Island, Jacob & Co Residences embodies the spirit of “an address for life’s finest hours” through its meticulously designed spaces and exceptional J&Co branded amenities that include:
- The Wellness Club @ J&Co – featuring a rooftop fitness club, yoga deck, sauna, and zen garden for holistic well-being.
- The Pool Club @ J&Co – an elegant sanctuary with an infinity pool, pool bar, and in-pool cabanas overlooking the Arabian Gulf.
- The Observatory @ J&Co – a sophisticated rooftop retreat offering a viewing deck, residents’ lounge, golf simulator, and outdoor cucina.
- Family Zone – featuring a kids’ pool, lazy pool, and glass boom pool designed for leisure and connection.
- 24/7 concierge, security, and Wi-Fi-enabled common areas, ensuring comfort, convenience, and privacy for every resident.
Building on that sentiment, Mr. Jacob Arabo, Founder & Chairman of Jacob & Co, said,”Just as each Jacob & Co timepiece tells a unique story of artistry and innovation, Jacob & Co Residences on Al Marjan Island will narrate a new chapter in luxury living. We have infused this project with the same dedication to perfection that defines our watches and jewelry. Each of these 223 residences are a masterpiece in its own right, where every resident will experience the Jacob & Co philosophy of turning beauty and craftsmanship into reality.”
This launch represents a continuation of both brands’ regional vision. For Mantra Properties, it reinforces its strategic expansion across the UAE, with five upcoming projects planned over the next three years expected to bring a portfolio of AED 1.3 billion to market. For Jacob & Co, it marks another milestone in the brand’s growing portfolio of residential developments, following successful ventures in Dubai and Abu Dhabi.
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ARABIAN ACRES DELIVERS LANDMARK AED 400M COASTAL LAND ACQUISITION, SETTING NEW RECORD FOR RESIDENTIAL LAND TRANSACTIONS IN THE UAE

Arabian Acres, a Dubai-based luxury real estate brokerage and development advisory firm specialising in super-prime residential and commercial transactions, has concluded the acquisition of three adjacent freehold plots in Jumeirah Coastline for a collective value of AED 400 million (approximately USD 109 million). The deal represents one of the most significant private coastal land assemblies in Dubai and marks the largest residential land transaction completed in Dubai.
This transaction comes at a time when global capital is increasingly seeking resilient, well-regulated markets. The UAE’s policy stability, strong governance and long-term growth fundamentals continue to reinforce its position as a preferred investment destination
“Large-scale land acquisitions of this nature reflect steady institutional and private wealth confidence in the UAE’s regulatory transparency, economic resilience, and long-term growth trajectory. Sustained capital inflows into Dubai’s prime and super-prime real estate segments continue to reinforce the UAE’s position as one of the world’s most stable and resilient investment destinations. At Arabian Acres, our role goes beyond brokerage. We work closely with local & international clients to navigate and execute complex, high-value opportunities in Dubai’s evolving real estate market.” Issa Atiq, CEO, Arabian Acres.
The consolidated landholding spans over 113,000 sq. ft, with a stretch of 160 metres of private beachfront along the Arabian Gulf, forming one of the last remaining contiguous coastal development opportunities of this scale in the Emirate. The transaction was completed in March 2026 and registered through the Dubai Land Department as three coordinated unit transfers. Arabian Acres structured, sequenced, and executed the entire acquisition, acting as exclusive broker for both buyer and seller.
The combined site is projected to deliver a gross development value exceeding AED 1 billion, driven by its extreme scarcity, scale and the planned integration of Dubai’s only residential land opportunity combining private beach access with a dedicated residential yacht marina. The development will comprise three ultra-luxury villas, each with direct beachfront access and private marina docking.
According to Dubai Land Department data, the three plots have appreciated between 255% and 335% over the past three years, underscoring both the scarcity of prime coastal land and the sustained demand for ultra-luxury residential assets. As contiguous beachfront plots become increasingly rare, structured land assemblies are expected to diminish further, amplifying the strategic significance of this transaction.
“This was a tightly structured transaction that required all three plots to move together. The window to secure this site was exceptionally narrow, as these were the last adjacent beachfront plots of this scale. Once developed, this combination of site, beach and planned marina access will be exceptionally difficult to replicate, making this one of the most strategically significant land transactions we have led to date” Added Issa Atiq.
While global markets continue to navigate heightened uncertainty, the fundamentals underpinning Dubai’s investment appeal remain firmly intact. Finite by nature and impossible to replicate, prime beachfront and waterfront land continues to attract significant capital from ultra-high-net-worth investors seeking long-term value, stability and asset security. Supported by strong regulatory frameworks, freehold ownership protections, RERA oversight and long-term economic planning, Dubai continues to reinforce its position as one of the world’s most transparent and resilient real estate markets.
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WESTERN FURNITURE EXPANDS PORTFOLIO WITH NEW BRANDS ‘CIERRE’, ‘ZANOTTA’, AND ‘DESALTO’
While Showcasing Global Partnerships at Salone del Mobile 2026




Western Furniture Brands, one of the UAE’s leading luxury home and lifestyle retailers in UAE, recently captivated attendees at the prestigious Salone del Mobile 2026 in Milan, the world’s most prestigious design and furniture exhibition. Renowned as a global benchmark for innovation and craftsmanship, the annual event brings together the industry’s most influential brands and design visionaries.
Marking a significant milestone in its growth journey, Western Furniture announced the acquisition of ‘Cierre’, ‘Zanotta’, and ‘Desalto’, the newest addition to its distinguished portfolio in the UAE. This strategic expansion reflects the company’s continued commitment to curating world-class brands and elevating the region’s luxury interiors landscape.
With a rich and diverse portfolio, Western Furniture proudly represents some of the most renowned names in international design, including Tonin casa, Tomasella, Draenert, Cierre, Natuzzi italia, Unopiù, Miniforms, Calligaris, Adriani rossi, and Reflex , each embodying excellence in craftsmanship, innovation, and timeless aesthetics.

A key highlight of this year’s participation was Natuzzi Italia, exclusively represented by Western Furniture in the UAE for over 15 years. The brand, which operates a flagship store in Dubai, showcased its latest collections, reaffirming its leadership in contemporary Italian design.
Mr. Mikdad Babhrawala, CEO of Western Furniture LLC, expressed his pride in the longstanding partnership, emphasizing its strength and continuity. He noted that Natuzzi Italia, as a globally recognized brand with a rich heritage, has maintained a strong and enduring presence in the UAE market for many years.





Mr. Mikdad continue “the presence of our brands at Salone del Mobile reflects our long-term vision to continuously bring the finest global design experiences to the UAE. The addition of ‘Cierre’, ‘Zanotta’, and ‘Desalto’, to our portfolio marks an exciting new chapter, reinforcing our commitment to innovation, exclusivity, and growth. We take great pride in our enduring partnerships with globally respected brands like Natuzzi Italia, which have played a pivotal role in shaping the luxury interiors landscape in the region.”
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MILANO BY DANUBE INTRODUCES “GLOBAL DIRECT” STRATEGY AT CANTON FAIR AMID GLOBAL SHIPPING UNCERTAINTY

Milano by Danube, a leading global lifestyle and home solutions brand, has introduced its new “Global Direct” logistics strategy at this year’s Canton Fair, responding proactively to ongoing geopolitical tensions and disruptions across key shipping routes impacting global trade. Global Direct model stands as the most agile logistics strategy that allows the brand to ship products directly from its international hubs to partners across global markets and bypass traditional transit routes.
The move comes at a time when conflict-driven disruptions across major shipping corridors have created delays, rising freight costs, and operational uncertainty for businesses that rely heavily on conventional shipping networks. Recognizing the urgency of the situation, Milano has adapted quickly by restructuring its supply chain model to ensure uninterrupted deliveries for its partners worldwide.
Through its Global Direct approach, orders placed at Canton Fair are fulfilled directly from Milano’s global hub in China and routed straight to destination markets, eliminating dependency on congested Middle Eastern transit points and significantly reducing delays which will ensure faster and more reliable deliveries.
Speaking about the strategy, Mr. Sahil Sajan, Director of Milano, said, “The current global environment has made businesses rethink how they operate and move products across borders. We recognized early that waiting for traditional shipping channels to stabilize was not an option. Our Global Direct model ensures that our partners continue receiving products on time while maintaining cost efficiency and supply continuity.”
Milano’s presence at Canton Fair received an overwhelmingly positive response from international traders, distributors, and partners who are increasingly exploring alternative logistics solutions to sustain their businesses amid growing uncertainty.
The company observed a significant shift in conversations at the event, with traders from across regions actively seeking dependable alternatives to conventional shipping routes in order to avoid prolonged delays and operational disruptions.
Despite ongoing geopolitical challenges, this year’s Canton Fair witnessed remarkable global participation. The event remained as vibrant and crowded as ever, drawing visitors, buyers, and business leaders from across Asia, the Middle East, Europe, Africa, and beyond, underscoring the resilience of global trade and the determination of businesses to adapt.
Mr. Anis Sajan, Vice Chairman of Danube Group, added, “What stood out at Canton Fair this year was the resilience of global businesses. The fair was packed with buyers from around the world, and a common concern among many was finding faster, more reliable ways to keep their businesses operational. Our Global Direct strategy directly addresses that need and positions Milano as a reliable partner during uncertain times.”
As businesses continue to navigate an evolving global trade landscape, Milano’s strategic shift reflects its commitment to innovation, adaptability, and ensuring that partners remain competitive regardless of external challenges. With Global Direct now in motion, Danube Group’s Milano is reinforcing its position not just as a leading lifestyle and home solutions brand, but as a business partner equipped to solve modern supply chain challenges.
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