ANAX Developments

ANAX Developments (@anaxdevelopment), a #Dubai-based real estate developer, has officially started construction on its flagship project, ELLE Residences Dubai Islands. The development, which includes 91 apartments, seven townhouses on Dubai Islands, and offers a direct waterfront access, marks ELLE’s first #residential development in the Middle East and its second globally, following its residential tower in Miami. "The commencement of construction at ELLE Residences reflects our commitment to delivering on our promises. We are proud to see this project move into its next phase,” @SatishSanpal, founder and chairman of @AnaxHolding, said. “We strongly believe in the #UAE and its future, which is why we will continue to invest and build in this country." The project is scheduled for completion in the fourth quarter of 2027. ANAX Developments also unveiled “ANAX 2.0,” which represents its next phase of growth in the UAE #realestate market. Read more HERE: mena.entrepreneur.com/busine…

Our May 2026 issue of Entrepreneur Real Estate Leaders, a special edition by Entrepreneur Middle East, is headlined by industry stalwarts who share insights on the leadership tenets that have helped them expand across the UAE and beyond during a time of regional uncertainty and shifts. Check out the full issue to read more about: -Mohamed Alabbar (@mohamed_alabbar), Founder, Emaar Properties (@emaardubai): On turning crises into blueprints for growth and resilience. -Mahdi Amjad, Founder and Executive Chairman, OMNIYAT Group (@OmniyatOfficial): Shares why vision, stability, and leadership keep global capital flowing into the UAE. -Abbas Sajwani (@Abbas_H_Sajwani), Founder and CEO, AHS Properties (@ahs_properties): On why Dubai’s ultra-luxury market rewards those who move before certainty arrives. -Ahmed Alkhoshaibi, Group CEO, Arada (@AradaLiving): On building lifestyle-driven ecosystems beyond traditional real estate. -Naguib Sawiris (@NaguibSawiris), Founder and Chairman, ORA Developers (@ora_developers): On doubling down on the UAE with a AED30 billion long-term bet. -Kareem Fahmy (@theKareemFahmy ), CEO, Innovate Living (@InnovateLiving_): Why Dubai’s property boom is bigger than a market cycle. -Satish Sanpal (@satish.sanpal), Founder and Chairperson, ANAX Holding (@anax_holding): Why uncertainty only strengthens belief in the UAE’s future. -Ali Al Gebely (@elgebely), Founder and Chairman, ONE Development (@onedevelopment_): Shares why the UAE is built to thrive through global disruption. -Mohamed Adib Hijazi, Founding Chairman, HRE Development: On quietly building long-term communities through every market cycle. All this and much more can be found on @issuu: issuu.com/entmagazineme/docs…

ANAX Developments (@anaxdevelopment) has appointed Raja Alameddine as Chief Executive Officer of the real estate arm of ANAX Holding (@AnaxHolding). Alameddine brings more than 30 years of experience in #realestate development across regional and international markets. More details HERE: mena.entrepreneur.com/busine…