Dubai Welcomes a New Icon: Anax Developments Unveils Luxury Tower

The second project in the Al Furjan community development, Evora Residences, has been launched by Anax Developments, a division of the Dubai-based investment firm Anax Holding.

According to a statement from the firm, the Evora Residences are expected to be finished in Q3 2026 and are intended to be a peaceful haven that embraces an urban lifestyle while offering first-rate access to the metropolis.

With ten residential levels and a variety of one-, two-, and three-bedroom apartments, the tower combines modern elegance and contemporary design throughout its layout. Each apartment has a big balcony.

It will be situated in the quickly expanding, verdant Al Furjan neighborhood, just a short distance from Legoland, IMG Worlds of Adventure, and Ibn Battuta Mall, among other famous sites in Dubai.

In front of VIP visitors, stakeholders, and media representatives, the project was launched at a first-of-its-kind gala event held at the Jumeirah Beach Hotel.

The skyscraper, according to Anax, exemplifies its motto of “Live Large” by embracing an abundant and impactful existence.

The idea is expanded to include designing areas with a purpose so that people can live well, benefit from significant investments, and have access to a wide range of amenities.

With pricing starting at AED1,068,777 ($290,959) for one-bedroom flats, Evora Residences will provide an end-user-focused 30/70 payment plan, according to the statement.

With solar panels to support energy usage and the highest standards of Smart Home Automation, Evora Residence also makes sure that sustainability is a major component of modern conveniences and peaceful living.

Amenities created to improve the quality of life will be available to residents. According to the statement, every unit has high-end fixtures including Bosch kitchen appliances and Teka sanitary ware.

Satish Sanpal, the Chairman of Anax Holding, said: “Upholding our philosophy, our vision is to create spaces which allow residents to live large, create impact, and where one truly feels at home. With Evora Residences, given its location in the family-friendly Al Furjan community, our priority is to combine urban living and peaceful surroundings.”

Anax claims that the construction in the thriving Al Furjan neighborhood masterfully combines verdant vegetation with urban views.

According to the developer, residents will enjoy a harmonious lifestyle thanks to a wide range of contemporary amenities, such as shopping centers, adventure parks, fitness centers, a well-paved jogging track surrounding the homes, and other recreational places.

“We have strived to capture this essence throughout our design process, a philosophy that will continue to dominate across all our future projects as we continue to build with Anax Developments and bring more than 2,000 homes to the market in the next twelve months,” he noted.

In the following year, Anax hopes to bring a total project value of $1 billion to the market through its pipeline of planned projects, he continued.

On the launch, Ravi Bhirani, Managing Director of Anax Developments, said: “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.”

“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,” stated Bhirani.

“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,” he added.