Nakheel awards AED1.8 billion construction contract for Como Residences

emirates7 - Nakheel, part of Dubai Holding Real Estate, has awarded a contract worth AED1.8 billion to ALEC Engineering & Contracting LLC for the construction of the exclusive Como Residences on Palm Jumeirah.

The 75-storey tower, set to rise over 300 meters, will feature only 81 residences and is scheduled for completion by Q2 2028.

Khalid Al Malik, CEO of Dubai Holding Real Estate, remarked, "Nakheel has a rich history of delivering landmark projects like Palm Jumeirah that redefine Dubai's skyline. Como Residences continues this tradition, showcasing our dedication to creating world-class destinations."

Barry Lewis, CEO of ALEC Engineering & Contracting, expressed his gratitude for being selected for the project, stating, "We are honored to be trusted with this iconic development and are confident in delivering a tower that will enhance Dubai’s globally renowned skyline."