Dubai Location Guide

ANAX Developments: Dubai Developer Profile — Projects, Prices and Reputation

ANAX Developments is a Dubai real estate developer and the development arm of ANAX Holding, with public activity across Business Bay, Al Furjan, Dubai Islands, International City Phase 3 and other Dubai growth districts. The company is associated with founder and chairman Satish Sanpal and was publicly identified as founded in 2023, while ANAX’s own materials position the brand around design-led, sustainable and future-ready communities. For buyers, ANAX is mainly an off-plan developer profile covering pipeline projects rather than a single completed building.

Quick Facts

CompanyANAX Developments L.L.C.
Founded2023
Headquarters27th Floor, Aspin Commercial Tower, Sheikh Zayed Road, Dubai, UAE
Parent companyANAX Holding
Signature communityV-Suites, Business Bay
RERA developer number1455 (reported by DuBricks; verify with Dubai Land Department)
Websitehttps://anaxdevelopments.com/

Key takeaways

  • Founded in 2023 according to public developer profiles.
  • ANAX Holding is the publicly stated parent company.
  • Head office is Aspin Commercial Tower’s 27th floor.
  • Developer Number 1455 is reported by DuBricks portal.
  • V-Suites targets Business Bay furnished residential demand in 2026.
  • ELLE Residences brings branded homes to Dubai Islands pipeline.

About ANAX Developments

ANAX Developments is a Dubai-based real estate development company and the property-development arm of ANAX Holding. Public company profiles describe ANAX Developments as a privately held real estate business founded in 2023, with headquarters in Dubai and a stated focus on sustainable, forward-thinking communities. ANAX Holding’s own website positions the developer as a platform for livable, quality-led and future-ready projects, with key destinations including Business Bay, Meydan, Dubai Islands, Al Furjan and Warsan. The company is associated with Satish Sanpal, chairman of ANAX Holding, and has moved quickly from brand launch to a visible off-plan pipeline. For buyers, ANAX is best understood as an emerging Dubai developer rather than a long-established master developer such as Emaar or Nakheel. That does not automatically make it weak, but it changes the due-diligence process: project registration, escrow account verification, construction progress, payment-plan terms, handover obligations and developer track record should be checked carefully for each project. Data confidence is medium because company headquarters, founding year, project list and development model are publicly documented, while completed-project counts and official RERA registration details require direct confirmation through Dubai Land Department before a buyer relies on them.

> AMBER: ANAX Developments is an emerging developer with several off-plan projects. Verify each project’s DLD registration, escrow account, developer number and construction progress directly with Dubai Land Department before paying any booking amount.

ANAX Developments' Major Dubai Projects

ANAX Developments’ public project pipeline includes at least five named Dubai projects across different districts. V-Suites in Business Bay is marketed as a 19-storey residential building with fully furnished studio, one-, two- and three-bedroom apartments, placing it in a high-demand business and lifestyle district near Downtown Dubai. Evora Residences in Al Furjan is promoted as a sustainability-focused residential project with smart automation and solar-energy features, targeting buyers who want a family-accessible location near metro links and southern Dubai growth. ELLE Residences Dubai Islands is the company’s most visible branded-residence project, launched in partnership with ELLE/Lagardère and positioned as the fashion brand’s first Middle East residential project. Kyomi Residence in International City Phase 3 appears in public new-project portals as an off-plan ANAX project with an expected 2027 delivery window, aimed at value-seeking buyers in a lower-entry Dubai district. Vento Tower in Business Bay is another off-plan residential project listed with studio to three-bedroom apartments and a 2026 delivery target. ANAX Holding’s website also references Warsan as an affordable modern-living destination, suggesting the developer is positioning itself across both premium branded residences and attainable apartment-led communities rather than only one luxury segment. These projects also give PropertyWiki readers clear comparison points for pricing, handover risk and location strategy across ANAX’s wider Dubai pipeline.

> AMBER: Project names, handover dates and payment plans are based on public developer and portal information as of April 2026. Confirm each project’s current registration, inventory, escrow bank and construction status with DLD and the developer.

Track Record and Market Position

ANAX Developments’ track record should be assessed as that of a newer Dubai developer with a fast-growing pipeline, not as a legacy developer with decades of completed communities. LinkedIn lists the company as founded in 2023 and employing 11 to 50 people, while public project portals show multiple off-plan schemes rather than a large completed portfolio. Property Index lists ANAX Developments L.L.C with four projects and more than 500 inventory units, with most classified as under construction or pre-launch, while Property Finder lists five active new projects in Dubai. Market position is therefore based on brand-building, location selection, payment-plan competitiveness, design partnerships and the ability to execute under Dubai’s regulated off-plan framework. The ELLE Residences partnership increases brand visibility, while Business Bay projects provide exposure to a highly liquid investor market. The main track-record risk is limited publicly confirmed completion history. Buyers should therefore give more weight to construction progress, escrow compliance, contractor quality, payment-plan structure and DLD project registration than to promotional claims alone.

> AMBER: Completed-project count is not publicly confirmed from the reviewed official sources. Treat ANAX as an emerging developer and verify delivered units and project status through Dubai Land Department.

Current and Upcoming Projects

ANAX Developments’ current pipeline is concentrated in off-plan residential projects across Business Bay, Al Furjan, Dubai Islands and International City, with additional destination references for Warsan and Meydan. Property Finder lists V-Suites with a Q4 2026 delivery date, ELLE Residences with a Q4 2027 delivery date, Kyomi Residence with a Q1 2027 delivery date, Evora Residences with a Q3 2026 delivery date and Vento Tower with a Q2 2026 delivery date. These dates are useful for market orientation but should not be treated as guaranteed handover dates without checking the latest DLD inspection and developer construction updates. The pipeline shows a deliberate spread: Business Bay for higher-rent investor demand, Al Furjan for end-user and family accessibility, Dubai Islands for branded waterfront positioning, and International City for lower-entry investor appeal. For buyers, this means ANAX’s product mix may suit different budgets, but each project needs separate analysis. Payment plans, post-handover terms, furnishing packages, branded-residence fees and service-charge expectations can vary widely across the portfolio.

> AMBER: Pipeline delivery dates are indicative and drawn from public new-project portals. Confirm the latest construction progress, DLD inspection status and SPA handover obligations before making an off-plan purchase.

Buying from ANAX Developments: What to Know

Buying from ANAX Developments should follow the standard Dubai off-plan due-diligence process, with extra attention to project-specific registration because ANAX is a newer developer. Before paying a booking fee, confirm that the project is registered with Dubai Land Department, that payments go into an approved escrow account, and that the sales agent or broker is RERA-registered. Review the Sales Purchase Agreement for handover date, grace period, default clauses, cancellation rights, service-charge assumptions, furnishing specifications, branded-residence fees, parking allocation and post-handover payment obligations. Buyers should compare the payment plan with construction progress; a low upfront payment can be attractive, but it should not replace escrow and project-registration checks. For branded projects such as ELLE Residences, read the brand-licensing disclosures carefully because the brand name may involve design standards, management rules or additional owner costs. For Business Bay projects such as V-Suites and Vento Tower, model rental yield using realistic furnishing, service charge and vacancy assumptions. Off-plan buyers should preserve all receipts, broker forms, reservation agreements and DLD project references.

> AMBER: Never transfer off-plan payments to a personal or unverified account. Payments for registered Dubai off-plan projects should follow the approved escrow process and be supported by official receipts.

Developer Registration and Contact

ANAX Developments publishes its head office as the 27th Floor, Aspin Commercial Tower, Sheikh Zayed Road, Dubai, UAE, with the toll-free number 800 ANAX (2629), sales email sales@anaxdevelopments.com and general email info@anaxdevelopments.com. DuBricks reports a Developer Number of 1455 for Anax Developments L.L.C, but buyers should verify this directly with Dubai Land Department because official registration status can be updated and project-specific registration is more important than a generic profile page. The company website also provides a broker registration link and project enquiry forms. Before visiting a sales gallery or sending documents, confirm that you are dealing with an official ANAX channel, a RERA-registered broker or a licensed sales representative.

> AMBER: Developer Number 1455 is reported by DuBricks, not independently validated here through DLD. Verify ANAX Developments’ registration and every project escrow account with Dubai Land Department before purchase.

Community Data

Wikipedia-style structured snapshot. Verify exact figures with RERA, the Dubai Land Department and the developer before transacting.

Official nameANAX Developments L.L.C.
Company nameANAX Developments L.L.C.
FounderSatish Sanpal
Number of employees11-50 employees reported on LinkedIn

Key ongoing projects

  • V-Suites — Business Bay
  • Evora Residences — Al Furjan
  • ELLE Residences — Dubai Islands
  • Kyomi Residence — International City Phase 3
  • Vento Tower — Business Bay

Areas active in

  • Business Bay
  • Al Furjan
  • Dubai Islands
  • International City Phase 3
  • Meydan
  • Warsan

Data confidence: Medium — Official ANAX pages confirm destinations, parent-company relationship and office address. LinkedIn reports founding year 2023 and 11-50 employees. Property Finder lists five public new/off-plan projects. DuBricks reports Developer Number 1455, which should be verified directly with DLD.

Who It Suits

Good fit

  • End users and investors evaluating ANAX Developments L.L.C. as a developer in the UAE off-plan and resale market.

Usually a poor fit

  • Buyers who require completed, vacant-possession-only assets in tier-one Dubai community sub-zones.
  • Buyers unwilling to verify project-by-project legal entities, escrow accounts and RERA registration.

Pros and Cons

Pros

  • Founded in 2023 according to public developer profiles.
  • ANAX Holding is the publicly stated parent company.
  • Head office is Aspin Commercial Tower’s 27th floor.

Cons

  • Always verify project-specific RERA registration, escrow account and handover terms before signing an SPA.
  • Compare against established branded developers before committing to off-plan units.
  • Resale liquidity for value-led developer stock can be lower than for tier-one branded projects.

Further reading

Frequently Asked Questions

ANAX Developments is a Dubai real estate developer and the property development arm of ANAX Holding. ANAX Developments focuses on off-plan residential projects in districts such as Business Bay, Al Furjan, Dubai Islands and International City Phase 3, with a public brand position around design, livability and sustainable urban communities.

Satish Sanpal is publicly associated with ANAX Developments as founder and chairman through ANAX-related leadership coverage and market profiles. ANAX Developments is part of ANAX Holding, and buyers should still verify corporate ownership, authorised signatories and developer-registration details through Dubai Land Department channels before signing a reservation form.

ANAX Developments is reported by public developer portals under Developer Number 1455, but PropertyWiki treats that number as reported data pending direct Dubai Land Department verification. ANAX Developments buyers should ask for the latest DLD registration, project registration and escrow-account details for the specific off-plan project they are purchasing.

ANAX Developments lists its Dubai office at the 27th Floor, Aspin Commercial Tower, Sheikh Zayed Road, Dubai. ANAX Developments also publishes sales and general-contact channels through its official website, but buyers should use verified corporate contacts and avoid transferring deposits to unofficial intermediaries.

ANAX Developments' main public projects include V-Suites in Business Bay, Evora Residences in Al Furjan, ELLE Residences on Dubai Islands, Kyomi Residence in International City Phase 3 and Vento Tower in Business Bay. ANAX Developments' pipeline is therefore concentrated in branded, furnished and lifestyle-led residential schemes.

There is no single official source confirming ANAX Developments' completed-project count because current public sources mainly show off-plan and under-construction projects. ANAX Developments is an emerging developer, so purchasers should review handover records, construction progress, escrow status and project-specific DLD filings before relying on marketing timelines.

ANAX Developments is newer than Dubai’s large legacy master developers and appears focused on branded residences, furnished units, smart-home features and design-led positioning. ANAX Developments may appeal to buyers who want contemporary off-plan products, but its shorter public delivery record makes due diligence especially important.

ANAX Developments projects may be located in Dubai freehold districts, but freehold status must be verified project by project. ANAX Developments buyers should confirm the land title, permitted buyer categories, DLD project registration and escrow account before assuming that all nationalities can purchase in every launched development.

ANAX Developments payment plans vary by project, launch phase and sales campaign. ANAX Developments projects listed on public portals have shown staged off-plan structures, but buyers should rely only on the signed sales-and-purchase agreement, the DLD-approved payment schedule and the escrow account named for the specific project.

ANAX Developments may suit investors seeking early-stage Dubai off-plan exposure in Business Bay, Al Furjan, Dubai Islands or similar growth districts. ANAX Developments purchases should still be assessed against comparable prices, expected handover dates, developer track record, payment-plan risk and the buyer’s ability to hold through construction.

PT

PropertyWiki Team

Editorial Team

Published: April 25, 2026

Updated: April 25, 2026

The PropertyWiki editorial team brings together real estate analysts, legal advisors, and market researchers to provide independent UAE property guidance.