Nakheel, a member of Dubai Holding Real Estate, has awarded an AED1.8 billion ($490 million) contract to Alec Engineering & Contracting for the construction of its exclusive residential tower Como Residences on Palm Jumeirah.

Scheduled for handover in Q2 2028, the 75-storey residences will stand over 300 m tall and offer its residents 81 units, ranging from two- to seven-bedroom apartments, including a spacious duplex penthouse.

Each floor has a maximum of two apartments, providing an exclusive lifestyle for residents, served by access-controlled elevators leading to private lobbies, said the Dubai developer. This distinctive design means that each apartment enjoys a breathtaking 180-degree view of the sea and skyline, while apartments placed from level 23 and above have an extraordinary 360-degree panoramic view of Burj Al Arab to the east and Ain Dubai to the west.

“Nakheel has a proud legacy of delivering iconic projects like Palm Jumeirah that transform Dubai’s skyline,” remarked Khalid Al Malik, the CEO 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,” he stated.

On the contract win, Alec Engineering CEO Barry Lewis 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.

In line with Nakheel’s heritage for creating acclaimed waterfront living experiences, Como Residences architectural design takes inspiration from the sea that it overlooks, with sinuous lines reflecting the patterns of a seashell, providing an organic reflection of the beauty of nature.

A unique feature of Como Residences is its series of elevated private sandy beaches, with most levels of the residences featuring both communal and private pools.