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Como Residences construction contract awarded to Nakheel for Dh1.8 billion

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Como Residences construction contract awarded to Nakheel for Dh1.8 billion

September 24, 2024
in Dubai, Reports and Updates, UAE
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Como Residences construction contract awarded to Nakheel for Dh1.8 billion
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ALEC Engineering & Contracting LLC has been awarded a Dh1.8 billion contract by Nakheel, a member of Dubai Holding Real Estate, to construct the Como Residences, an upscale residential tower located on Palm Jumeirah.

The 75-story tower, which is expected to be completed in Q2 2028, will be more than 300 meters tall and have just 81 apartments, ranging in size from two to seven bedrooms, including a duplex penthouse. Each floor can hold up to two apartments maximum. Every apartment will have a 180-degree view of the skyline and sea, and those on levels 23 and up will have an amazing 360-degree panoramic view of Ain Dubai to the west and Jumeirah Burj Al Arab to the east.

“Nakheel has a proud legacy of delivering iconic projects like Palm Jumeirah that transform Dubai’s skyline,” said Khalid Al Malik, chief executive officer of Dubai Holding Real Estate. “Como Residences builds on this legacy, reflecting our commitment to developing world-class destinations. This is more than just another residential development; it’s a statement of Dubai’s ambition and sets a new standard for waterfront luxury. With its limited collection of exquisite residences, breathtaking views and unparalleled amenities, Como Residences will solidify Dubai’s position as a global leader in real estate.”

Barry Lewis, chief executive officer of ALEC Engineering & Contracting, said: “With its curated amenities and opulent finishes that will rival those of even the most luxurious properties, Como Residences promises to stand apart as the pinnacle of urban living. We are pleased that Dubai Holding Real Estate is entrusting this iconic project to us. I am confident that given our track record of executing some of the most ambitious projects in the region, we will be able to deliver a tower that will further elevate Dubai’s world-renowned city skyline.”

Como Residences’ elevated private sandy beaches are one of its distinctive features. Private and communal pools are found on most residence levels.

Tags: Como ResidencesDubaiNakheelReal EstateUAE

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