Staff Report
Dubai, UAE
Anax Developments, a subsidiary of Anax Holding, has launched its second project, Evora Residences in Al Furjan. Scheduled for completion in Q3 2026, the development features 10 residential floors composed of one-, two-, and three-bedroom apartments. Evora Residences will offer an end-user focused 30/70 payment plan with prices starting at Dh1,068,777 for one-bedroom apartments. With a pipeline of upcoming projects, Anax Developments has planned to bring in a cumulative project value of US$1 billion to the market in the next year.
Satish Sanpal, 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 was to combine urban living and peaceful surroundings. 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.”
Evora Residences ensures sustainability with smart home automation and solar panels that support energy consumption. Each apartment is equipped with branded fittings. The development integrates greenery with urban panoramas within Al Furjan community. Residents will benefit from various amenities, including retail hubs, adventure parks, fitness clubs, a jogging track around the residences, and other recreational areas.
Ravi Bhirani, Managing Director of Anax Developments, said, “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.
“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,” added Mr. Bhirani.
Evora Residences is well-connected by two metro stations and offers easy access to Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road. The development’s location in Al Furjan ensures proximity to Dubai’s premier leisure and retail destinations, including Legoland, IMG Worlds of Adventure, and Ibn Battuta Mall.
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