Nakheel awards $486mn contract for Como Residences on Palm Jumeirah

Image Credits: Nakheel | Cropped by GBN
By News Desk, GCC Business News

Nakheel, a part of Dubai Holding Real Estate, has awarded an AED 1.8 billion ($486 million) construction contract for Como Residences on Palm Jumeirah to ALEC Engineering & Contracting LLC.

Scheduled for handover in Q2 2028, the 75-storey residences will stand over 300 meters tall, featuring 81 residences with two-to-seven-bedroom apartments, including a spacious duplex penthouse. Each floor will include a maximum of two apartments, served by access-controlled elevators leading to private lobbies.

The residents can enjoy a breathtaking 180-degree view of the sea and skyline, while apartments placed from level 23 and above can enjoy an extraordinary 360-degree panoramic view of Jumeirah Burj Al Arab to the east and Ain Dubai to the west, making Como Residences stand out in Dubai.

Nakheel awards $486mn contract for Como Residences
Khalid Al Malik
CEO – Dubai Holding Real Estate

“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. 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, commented that, “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.”

Aligning with Nakheel’s heritage for creating unparalleled waterfront living experiences, Como Residences architectural design takes inspiration from the sea that it overlooks, with sinuous lines that reflect the beauty of seashells.

A stand out feature of Como Residences is its private sandy beaches, with most levels of the residences having both communal and private pools, along with panoramic sea views. Within the apartments, the contemporary interiors will feature high-end finishings and refined design.

Residents can also enjoy a stunning rooftop infinity pool and an observation deck on the 75th floor, providing panoramic views of the Dubai skyline and Arabian Gulf. Additionally, the amenities will include private parking, an onsite spa, fully equipped gym with breathtaking views, green spaces and areas for children to play.

Furthermore, Como Residences will have an architecturally impressive entrance and main lobby, replete with valet and concierge services. This highlights Nakheel commitment to contributing to the the objectives of Dubai vision.

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