EIH Ethmar International Holding Group’s real estate holding arm, Nine Yards Plus Holding, and renowned jeweler and watchmaker in the US, Jacob & Co recently announced a partnership.
It is a first for the capital of the United Arab Emirates and is undoubtedly a groundbreaking collaboration, as the exclusive partnership is for the Reem Island Waterfront Residential Project.
The two companies recently signed an MoU and the business partnership will be formally initiated via this property development.
It would be the first-ever residential development of the Jacob & Co brand in Abu Dhabi and its construction is expected to begin in 2024 with completion scheduled to happen in 2027.
Jacob & Co has promised to redefine the concept of luxury living due to which it will lead the creative direction of the concept design of the residential project in question.
It will leverage its exceptional expertise in innovation and luxury aesthetic to design the Reem Island Waterfront Project.
The Nine Yards Plus Holding and Jacob & Co residential community will be situated in the heart of the capital of UAE.
It will comprise of a broad array of upscale residences, which include stylish townhouses and luxurious apartments.
The residential project
The aim of the waterfront development is to cater to the diverse preferences of a variety of discerning homeowners.
The developer said that they would provide a touch of sophistication and innovation to the real estate landscape of Abu Dhabi with this partnership.
The residential project will leverage the history of Jacob & Co in watchmaking to add unique horological elements in the design.
The developer stated that it would give them the opportunity to create an environment that can blend an artistic and timeless craftsmanship with opulent living seamlessly.
Nine Yards Holding Plus’ CEO, Engineer Ayman Iskander El Gayar, talked about the partnership and said that they were pleased to have joined hands with Jacob & Co.
He said that it would help them in bringing a new dimension of opulence and luxury on Reem Island, Abu Dhabi, which is a premium waterfront destination.
He went on to say that the collaboration was a reflection of the developer’s ongoing commitment to provide exceptional living spaces that are a combination of exceptional craftsmanship, innovation and elegance.
A horde of exclusive lifestyle amenities would be provided to residents on the shores of Reem Islands, which include spa services, state-of-the-art fitness facilities and landscaped communal spaces.
Key landmarks in Abu Dhabi will also be easily accessible, along with entertainment and cultural destinations.
These include one of the world’s most popular tourist attractions, Yas Island, and Saadiyat Island’s Saadiyat Cultural District.
Residents of the development would also be able to enjoy an unparalleled living experience, with breathtaking views of the Arabian Gulf, the Louvre Abu Dhabi and the city’s skyline.
Chairman and Founder of Jacob Arabo, was also in attendance for the announcement and echoed the sentiments expressed by Nine Plus Holdings’ CEO.
He said that the partnership has given them the opportunity to move beyond the haute horology world and into luxury real estate.