ANAX Developments Breaks Ground on Evora Residences

80% Units Sold Within 60 Days. Construction Now Underway in Al Furjan

Dubai, UAE – ANAX Developments has officially commenced construction on Evora Residences, following a successful launch phase where 80% of the project’s units were sold within just two months.

The ground breaking ceremony, held in Al Furjan, marks a major step toward the project’s scheduled delivery in Q3 2026. Adnann Contracting LLC has been appointed as the construction partner, bringing experience and execution strength to the table. This partnership is key to maintaining build quality and timelines.

Mr. Satish Sanpal, Chairman of ANAX Holding, stated:

“The numbers speak for themselves. We launched Evora with a clear vision, and the market responded. This ground breaking is a commitment to every buyer who trusted us early on.”

Representatives from both ANAX Developments and Adnann Contracting were present, including Chairman Mr. Ayub Ismail, CEO Mr. Ayman Hamdi Kader, and COO Mr. Mohammed El Najjar.

About ANAX Developments

We Create What Comes Next

ANAX Developments is not here to play safe. We design with purpose, build with boldness, and deliver with quality. Every project we launch aims to raise the standard for how people live, connect, and experience city life.

As part of ANAX Holding, we are driven by innovation, rooted in quality, and committed to building communities that are as strong as the structures we put up. From residential to lifestyle spaces, our developments are shaped to last, inspire, and lead.

Practical Living in a Well-Connected Location

Evora Residences is located in Al Furjan, a community that has steadily gained traction for its connectivity and peaceful layout. Within 15 minutes of Ibn Battuta Mall, LEGOLAND, and IMG Worlds of Adventure, the location suits both families and professionals looking for balance between accessibility and calm.

The development includes 77 apartments across 10 floors, with one, two, and three-bedroom layouts. Each unit offers modern interiors, spacious balconies, and a design approach focused on functionality over flash.

Pricing begins at AED 1,068,777 for one-bedroom units. The 30/70 payment plan was structured to support genuine homebuyers and investors looking for long-term stability, not short-term speculation.

More Than Just a Building

Mr. Ravi Bhirani, Managing Director of ANAX Developments, shared:

“For us, Evora isn’t just another residential tower. It’s about building something people feel a part of. We’re aiming to create a place where life feels grounded, where growth is possible, and where the design actually serves those who live in it.”

This isn’t ANAX’s first step in real estate, and it won’t be the last. The company’s approach has always focused on clear fundamentals: quality construction, well-planned communities, and practical pricing that respects both the market and the end user.

For project updates, availability, or investment opportunities, get in touch here.