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Developer awards contract for work on 70-storey residence in Dubai
25 September 2024
Nakheel Properties – a real estate development company based in Dubai, United Arab Emirates (UAE) – said it delivered a US$490-million contract to ALEC Engineering & Contracting to construct the more than 70-storey Como Residences on the Palm Jumeirah island city.
Render of the Como Residences, showing the bottom portion of the tower, in Dubai, UAE. (Image: Nakheel)
Figures from Nakheel vary on the final number of storeys and residence, but the luxury high-rise is reported to have up to 76 floors and just 81 residences, and it will top out at more than 300m.
The nearly $500-million project is scheduled for completion in 2028.
ALEC was formed as a joint company between Al Jaber Group and Grinaker LTD in 1999.
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