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ANAX Developments to add $1bn to Dubai’s real estate sector 

Architecture, Building, House ANAX Developments
In association with
  • Work commencing on more than 2,000 new homes
  • Evora Residences to open in Al Furjan by Q3 2026
  • Balcony and smart home automation in each apartment 

Dubai’s ANAX Developments plans to build more than 2,000 homes in Dubai and contribute $1 billion to the emirate’s real estate market in a pipeline of new projects.

This includes developments in Al Furjan, Meydan and Dubai Islands.

Apartments at Evora Residences in Dubai’s Al Furjan neighbourhood are scheduled for completion by the third quarter of 2026. 

“This project, along with our upcoming developments in Meydan and Dubai Islands, reinforces our commitment to enhancing Dubai’s residential landscape with elevated living across each of our new ventures,” said Ravi Bhirani, managing director of ANAX Developments. 

Designed as a tranquil retreat while providing excellent connectivity to the city, Evora Residences will offer a range of one, two, and three-bedroom balcony apartments over 10 residential floors.

The luxury development will feature lots of green spaces and modern amenities, including shops, recreational areas, fitness clubs and a jogging track around the residences. Sustainability is also a key feature, with solar panels to support energy consumption and high-spec smart home automation in each apartment.  

City, Urban, ArchitectureANAX Developments
Evora Residences will offer a range of one, two, and three-bedroom balcony apartments over 10 floors

Evora Residences is conveniently located close to two metro stations with easy access to Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road. It is also close to key Dubai leisure and retail destinations including Legoland, IMG Worlds of Adventure and Ibn Battuta Mall. 

The Evora Residences project was launched last week at the Jumeirah Beach Hotel, showcasing a life-size apartment and an exact replica of the Evora Residences sales gallery at Aspin Commercial Tower.

“With Al Furjan being an emerging and highly desirable destination for families seeking a peaceful environment with green spaces and modern amenities, along with a promising ROI, launching a project here was a strategic decision to steer our efforts towards our goals,” Bhirani said.

Satish Sanpal, chairman of ANAX Holding, added: “We strive to cater to a diverse audience at various price points ensuring that exceptional residential experiences are accessible to a broad spectrum of investors and home buyers.”

Clothing, Formal Wear, SuitANAX Developments
ANAX Holding chairman Satish Sanpal with his wife Tabinda at the launch of Evora Residences
Find out more
  • Prices at Evora Residences start at AED 1,068,777 ($291,000) for one-bedroom apartments and buyers can take advantage of a 30/70 payment plan. 
  • Go to anaxdevelopments.com or call +971 800 ANAX (2629) to register your interest and find out more.  

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