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Home / Developers / Anax Developments
Developer · UAE off-plan

Anax Developments

ANAX Developments is the real-estate division of ANAX Holding — a 24-year-old conglomerate founded by Satish Sanpal, an Indian-Emirati entrepreneur featured by Forbes and holding billionaire status. The conglomerate operates across real estate, hospitality and investments. The division currently has 3 active projects: V-Suites in Business Bay (from AED 1.62M), ELLE Residences in Dubai Islands (from AED 2.15M), and Evora Residences in Al Furjan (from AED 1.07M).

Founder Satish Sanpal (Founder & Chairman, ANAX Holding) HQ Dubai, United Arab Emirates RERA registered
Luxury
Segment
ANAX Holding
Parent Company
Private
Status
THE TRACK RECORD

Anax Developments's record.

The young division of the ANAX Holding empire (24 years). The developer has grown quickly and earned media recognition (Forbes Middle East, Arabian Business). Satish Sanpal has been recognised as a Visionary Leader in Real Estate.

Delivery record

Three active projects: V-Suites (Business Bay), ELLE Residences (Dubai Islands), Evora Residences (Al Furjan). A stated target of 15 projects, 2,000+ units and a USD 1 billion contribution to the market.

Financial strength

Parent company ANAX Holding is valued as a USD 3 billion-plus empire with operations across real estate, hospitality and high-growth investments.

FounderSatish Sanpal (Founder & Chairman, ANAX Holding)
HQDubai, United Arab Emirates
TypePrivate · ANAX Holding division
Active projects5
Entry pricefrom 560K AED
SIGNATURE COMMUNITIES

Anax Developments flagship destinations.

Residential tower
V-Suites
Business Bay — luxury apartments from AED 1.62M
Branded Residences
ELLE Residences
Dubai Islands — branded apartments from AED 2.15M
Apartment community
Evora Residences
Al Furjan — apartments from AED 1.07M, handover expected Q3 2026
WHAT SETS THEM APART

What makes Anax Developments special.

Property types ApartmentsLuxury apartments
Price segment Luxury

Signature style

Premium design with smart features and well-connected locations. The three projects are spread across three high-demand areas: Business Bay (V-Suites), Dubai Islands (ELLE) and Al Furjan (Evora).

5 ACTIVE PROJECTS

All projects by Anax Developments.

Live from the catalog — sorted cheapest first. Click any card for the full property page.

PRE-LAUNCH
International City · Dubai

ANAX Kyomi Residence at International City, Dubai

Studio, 1-2 Bedroom Handover Q4 2027
From
560,000 AED
OFF-PLAN
Al Furjan · Dubai

Anax Evora Residence at Al Furjan, Dubai

1-3 Bedroom Handover Q2 2026
From
1,076,000 AED
OFF-PLAN
Business Bay · Dubai

ANAX Vento Tower at Business Bay, Dubai

Studio, 1-3 Bedroom Handover Q4 2027
From
1,404,000 AED
OFF-PLAN
Business Bay · Dubai

V-Suites by ANAX at Business Bay, Dubai

Studio, 1-3 Bedroom Handover Q4 2026
From
1,704,777 AED
OFF-PLAN
Dubai Islands · Dubai

Anax Elle Residences at Dubai Islands, Dubai

1-4 Bedroom Handover Q3 2027
From
2,768,777 AED
GOOD TO KNOW

Common questions about Anax Developments.

Who founded ANAX?+

Satish Sanpal — an Indian-Emirati entrepreneur, founder and chairman of ANAX Holding (24 years), a conglomerate with operations across real estate, hospitality and investments. Recognised by Forbes Middle East and Arabian Business.

What projects does the division have?+

Three active projects: V-Suites (Business Bay, from AED 1.62M), ELLE Residences (Dubai Islands, from AED 2.15M), Evora Residences (Al Furjan, from AED 1.07M).

What is the division's vision?+

A plan to launch 15 projects, develop 2,000+ units, and make a cumulative USD 1 billion contribution to Dubai's real-estate market.

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