Jacob & Co. and Nine Yards Join Forces for Spectacular Reem Island Waterfront Development
Nine Yards Plus Holding, the real estate holding company of EIH Ethmar International Holding Group, has announced an exclusive partnership with Jacob & Co., the well-known US jeweler and watchmaker, for its Reem Island Waterfront Residential Project in Abu Dhabi. This is a ground-breaking partnership and a first for the UAE Capital.
This property development, the first-ever residential development in Abu Dhabi to bear the Jacob & Co. brand, marks the official beginning of the business partnership following the recent signing of a Memorandum of Understanding between the two companies. Construction is anticipated to begin in 2024 and be finished in 2027.
Jacob & Co. will lead the concept design of the Reem Island Waterfront residential project, promising to redefine luxury living. The firm will contribute its unmatched proficiency in luxury aesthetics and inventive design to the project.
The waterfront development by Jacob & Co. and Nine Yards Plus Holding, located in the center of the UAE capital, will feature a wide variety of upscale homes, including elegant townhouses and opulent apartments, to suit the varied tastes of numerous discriminating homeowners.
The developer claimed that this strategic alliance will add a dash of elegance and sophistication to the Abu Dhabi real estate market.
The residential project will incorporate distinctive horological elements into its design, drawing on Jacob & Co.’s legacy in watchmaking to create an environment that seamlessly combines opulent living with timeless, artistic craftsmanship, it continued.
On the partnership, Engineer Ayman Iskander El Gayar, the Group CEO of Nine Yards Plus Holding, said: “We are delighted to have partnered with Jacob & Co. to bring a new dimension of luxury and opulence to a premium waterfront destination, on Reem Island, Abu Dhabi.”
“This collaboration reflects an ongoing commitment, by Nine Yards Plus Holding, to deliver exceptional living spaces that embody elegance, innovation, and unparalleled craftsmanship,” he stated.
Modern fitness centers, spa treatments, and beautifully designed common areas are just a few of the upscale lifestyle features available to residents on Reem Island.
Key Abu Dhabi landmarks, as well as cultural and entertainment hotspots like Yas Island, one of the most visited tourist destinations worldwide, and the Saadiyat Cultural District on Saadiyat Island, will be conveniently accessible.
In addition, the development will offer residents an unparalleled waterfront lifestyle with stunning views of the Arabian Gulf’s azure waters, the famous Louvre Abu Dhabi, and the Abu Dhabi skyline.
Founder and Chairman Jacob Arabo, personally attending the announcement in Abu Dhabi, echoed El Gayar’s sentiment, stating: “Partnering with Nine Yards Plus Holding allows us to further extend our legacy beyond the world of haute horology and jewelry into the luxury real estate space.”
“Together, we will create an iconic residential development that reflects the timeless sophistication and creativity synonymous with the Jacob & Co. brand,” he added.
According to Nine Yards Plus Holding, it manages a portfolio of interests that includes property development, ownership, investment, brokerage, and maintenance needs. It offers a wide range of services across the real estate sector. Nine Yards Plus Holding, which has made a public commitment to developing unique, high-quality residential and commercial projects, will keep expanding its offerings from its base in Abu Dhabi, with clear plans in place for future growth throughout the United Arab Emirates and the region, it continued.
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