Nakheel Awards AED 1.8 Billion Contract to Build Como Residences on Palm Jumeirah

Nakheel, a subsidiary of Dubai Holding, has awarded the AED 1.8 billion construction contract for the Como Residences tower on Palm Jumeirah to ALEC Engineering & Contracting. The luxury residential tower is scheduled for completion in the second quarter of 2028. It will have 75 floors, rising to a total height of over 300 metres, and will feature 81 residential units ranging from two to seven bedrooms, including a duplex penthouse. Each floor will have a maximum of two apartments, with private lifts leading to individual lobbies. Each apartment will have stunning 180-degree views of the sea and the city skyline, while apartments located from the 23rd floor onwards will enjoy stunning 360-degree panoramic views of Burj Al Arab to the east and Ain Dubai to the west.

Khalid Al Malik, Chief Executive Officer, Dubai Holding Properties, said: “Nakheel has a rich heritage of iconic projects such as Palm Jumeirah that have reshaped the Dubai skyline. COMO Residences builds on this legacy, reflecting Dubai Holding Properties’ commitment to developing world-class destinations. More than just a new residential development, COMO Residences embodies Dubai’s ambition and sets a new standard for waterfront luxury. With its limited collection of exquisite residences, stunning views and unique amenities, COMO Residences will further enhance Dubai’s global position as a leader in exceptional real estate.” Barry Lewis, Chief Executive Officer, ALEC Engineering & Contracting, said: “COMO Residences promises the ultimate in urban living with world-class amenities and elegant, luxurious finishes that will set the bar high for the world’s most luxurious properties. “We are delighted to be entrusted with this iconic project by Dubai Holding Properties, and with our proven track record of delivering some of the region’s most ambitious and prestigious projects, I am confident that we will deliver a residential tower that will set the bar for luxury and sophistication on Dubai’s world-famous skyline.”

In keeping with Nakheel’s legacy of delivering luxurious waterfront living experiences, COMO Residences draws its architectural inspiration from the sea, with its flowing, sinuous lines reflecting the shapes of seashells to create an organic balance with the surrounding landscape. The project also boasts private sandy beaches, and most of its residential floors feature shared and private swimming pools, allowing residents to enjoy stunning water views from every apartment. The interiors of the residential units feature high-end finishes and contemporary, luxurious designs.

Residents can also enjoy an infinity pool on the roof, as well as an observation deck on the 75th floor, offering panoramic views of the city skyline and the Arabian Gulf. The project’s facilities also include private parking, a spa, and a fully-equipped gym with stunning views, in addition to green spaces and children’s play areas. Como Residences also features a luxurious entrance and main lobby with concierge and parking services.

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