ANAX Developments, a subsidiary of ANAX Holding, has celebrated a significant milestone with the groundbreaking ceremony for Evora Residences in Al Furjan, less than two months after the project’s launch. With 80% of the property already sold within just 60 days, this rapid demand highlights the appeal of the development in the heart of Dubai’s expanding real estate market.
The groundbreaking ceremony marks the official start of construction, which is expected to be completed by Q3 2026. This event is not only a key step in bringing the project to life but also reflects the strong commitment of ANAX Developments to its customers and its growing presence in the competitive Dubai real estate landscape.

Partnerships for Success: Adnann Contracting LLC Joins the Project
As part of the milestone, ANAX Developments has partnered with Adnann Contracting LLC for the construction of Evora Residences. The collaboration ensures that the project will meet the highest standards of quality and will be completed on time.

Mr. Satish Sanpal
Chairman of ANAX Holding
Mr. Satish Sanpal expressed his enthusiasm for the partnership, emphasizing that this marks a significant step in ANAX Developments’ journey to setting new benchmarks in the real estate market. The developer aims to continue its momentum with this second project under the ANAX banner.
A Vision for Community and Growth
In line with their commitment to fostering communities, Mr. Ravi Bhirani, Managing Director of ANAX Developments, explained that the focus of Evora Residences is not just on creating buildings, but also on building inclusive neighborhoods that promote growth, connection, and opportunity. With the inclusion of local businesses and the creation of a dynamic environment, Evora Residences will be a space that supports the long-term economic and social development of the area.
Prime Location and Luxurious Living
Evora Residences is situated in the Al Furjan district, one of Dubai’s rapidly developing areas. Residents will enjoy proximity to popular attractions, such as Legoland, IMG Worlds of Adventure, and Ibn Battuta Mall. The development will include 77 residential units with a range of one, two, and three-bedroom apartments. Each unit will feature spacious balconies, blending modern elegance with contemporary design. The project offers a flexible 30/70 payment plan, with prices starting at AED 1,068,777 for a one-bedroom apartment.
As Evora Residences takes shape, it promises to be a vibrant and thriving community in the heart of Dubai, blending modern luxury with a focus on sustainable growth and quality of life for all residents.