DUBAI: Nakheel, a prominent entity within Dubai Holding Real Estate, has awarded AED 1.8 billion contract to ALEC Engineering & Contracting LLC for the construction of Como Residences, an exclusive residential tower located on the Palm Jumeirah.
The ambitious project reflects Nakheel’s esteemed legacy in delivering transformative developments that not only enhance the city’s skyline but also its global standing.
Scheduled for completion and handover in the second quarter of 2028, Como Residences will comprise 75 stories, soaring over 300 meters into the sky.
The luxurious tower will be home to just 81 exclusive residences, promising an unparalleled living experience characterized by opulence and sophistication.
Khalid Al Malik, the Chief Executive Officer of Dubai Holding Real Estate, emphasized the company’s commitment to creating world-class destinations, stating, “Como Residences builds on this legacy, reflecting our commitment to developing world-class destinations.”
The collaboration between Nakheel and ALEC Engineering & Contracting highlights a mutual dedication to architectural excellence and innovation.
Barry Lewis, the Chief Executive Officer of ALEC, expressed his enthusiasm regarding the project, stating, “We are pleased that Dubai Holding Real Estate is entrusting this iconic project to us. I am confident that we will be able to deliver a tower that will further elevate Dubai’s world-renowned city skyline.”
