Local developer Nakheel has awarded an estimated AED23.7m ($6.5m) contract to Germany’s Bauer for the piling work on its Palm360 towers project.

The four-month contract covers driving about 600 piles up to 54 metres deep. Nakheel tendered the contract in May.

The 260-metre tall twin hotel towers will be the tallest structures built on the Palm Jumeirah. It will comprise the Raffles, The Palm Dubai Hotel and Raffles Residences Palm360. The project will also boast the world’s largest sky pool, connecting the two towers 170 metres above ground.

The construction tender is expected to be released in the first quarter of 2019, with project completion expected in 2021. Nakheel had earlier said that the tender for the construction would be released in the third quarter of this year.