Nakheel awards AED 1.8 billion construction contract for Como Residences

Nakheel

Nakheel, part of Dubai Holding Real Estate, has awarded an AED 1.8 billion contract to ALEC Engineering & Contracting LLC for the construction of the 75-storey Como Residences on Palm Jumeirah.

The project is set for handover in the second quarter of 2028.

Rising over 300 meters tall, this residential tower will feature just 81 luxurious residences, ranging from two- to seven-bedroom apartments, including a spacious duplex penthouse.

With only two apartments per floor, residents will enjoy an exclusive lifestyle with access-controlled elevators leading to private lobbies.

Each apartment offers stunning 180-degree views of the sea and skyline, while those on levels 23 and above boast extraordinary 360-degree panoramas, stretching from Burj Al Arab to Ain Dubai, making Como Residences a truly unique living experience in Dubai.

"This is more than just another residential development; it's a statement of Dubai's ambition and sets a new standard for waterfront luxury," said Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate.

"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," added Barry Lewis, Chief Executive Officer of ALEC Engineering & Contracting.

The architectural design is inspired by the sea, featuring sinuous lines that echo the patterns of seashells, harmonising with the beauty of nature. A standout feature includes elevated private sandy beaches, alongside communal and private pools on many levels, enhancing the coastal experience.

Residents can also relax at a stunning rooftop infinity pool and observation deck on the 75th floor, offering breathtaking views of the Dubai skyline and the Arabian Gulf.

Additional amenities will include private parking, an onsite spa, a fully equipped gym with spectacular vistas, green spaces, and children's play areas. The entrance and main lobby are designed with architectural uniqueness, complemented by valet and concierge services.

More from Business News

  • Nasdaq set to confirm bear market as Trump tariffs trigger recession fears

    The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.

  • Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field

    UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).

  • China to impose tariffs of 34% on all US goods

    China has announced a slew of additional tariffs and restrictions against US goods as a countermeasure to sweeping tariffs imposed by US President Donald Trump. The Finance Ministry said it would impose additional tariffs of 34 per cent on all US goods from April 10.

  • Shares bruised, dollar crumbles as Trump tariffs stir recession fears

    Stocks limped to the end of the week on Friday, the dollar was set for its worst week in a month while gold flirted with a record peak as investors feared US President Donald Trump's sweeping tariffs would tip the global economy into a recession.

On Virgin Radio today

  • Scott Forshaw

    10:00pm - 1:00am

    The Virgin Radio Weekend with Scott Forshaw

  • Non Stop Hits

    1:00am - 8:00am

    The UAE's #1 Hit Music Station with no interruptions

Trending on Virgin Radio

  • The Rock and Chris Evans: A Christmas Surprise!

    The Rock and Chris Evans: A Christmas Surprise!

  • Middle East Hot 30

    Every weekend Kris Fade plays the biggest tracks in the Middle East. Check out this weeks chart...

  • Bassem Youssef

    One of the most talked about comedians in the world takes over The Kris Fade Show. Watch the full interview here...

  • ARN News Centre

    Get the latest UAE and world news from our award winning team of journalists. The ARN News Centre is the country's most trusted source of information.