Nakheel, a member of Dubai Holding Real Estate, has awarded an AED1.8 billion contract for the construction of exclusive residential tower Como Residences on Palm Jumeirah to ALEC Engineering and Contracting LLC.
Scheduled for handover in Q2 2028, the 75-storey residences will stand over 300 metres tall and offer just 81 residences.
Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, commented, ‘Nakheel has a proud legacy of delivering iconic projects like Palm Jumeirah that transform Dubai’s skyline. Como Residences builds on this legacy, reflecting our commitment to developing world-class destinations.’
Barry Lewis, Chief Executive Officer of ALEC Engineering and Contracting, said, ‘We are pleased that Dubai Holding Real Estate is entrusting this iconic project to us. I am confident that will be able to deliver a tower that will further elevate Dubai’s world-renowned city skyline.’
Source: Emirates News Agency