Nakheel Properties 鈥� a real estate development company based in Dubai, United Arab Emirates (UAE) 鈥� 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.

Out of the blue: 7 land reclamation projects re-shaping the world Some of the most high-profile land reclamation projects currently being created and the construction opportunities likely to arise from them.

Asia United Arab Emirates Business & Finance Projects Contracts & tenders High-rise Housing Construction

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