Dubai-based developer Nakheel Properties has appointed a main contractor for work on its Palm Gateway project in Dubai.

Indian contractor Shapoorji Pallonji was awarded the AED1.5bn ($408m) contract to build the three-tower residential and retail complex, which will be situated at the foot of the developer’s Palm Jumeirah project.

The project is expected to take about three years to complete. It will be built on top of an existing car park that serves the Palm monorail on Al-Sufouh road at the entrance to the Palm Jumeirah.

The construction contract was retendered late last year.

In early 2016, Nakheel had selected a joint venture of South Korea’s Ssangyong Engineering Corporation and China State Construction Engineering Corporation for the construction contract.

The first tower, known as the Tubular Tower, will be 285 metres tall, with 59 storeys, including 44 above podium level. The Central Tower will be 205 metres tall, with 48 storeys. The Beach Tower will be 206 metres tall, with 48 floors. The development also includes a beach club, as well as retail, dining, and health and fitness outlets.