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Nakheel Awards AED1.8 Billion Contract for Como Residences on Palm Jumeirah

Nakheel Awards AED1.8 Billion Contract for Como Residences on Palm Jumeirah
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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 & 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 & 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.”

News Source: Emirates News Agency

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Shahba Mayyeri

Written by Shahba Mayyeri

Shahba is a Content Creator at HiDubai with 3 years of experience in crafting compelling stories and articles. She holds a Master’s degree in Media and Communications from MAHE Dubai.
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