Year of foundation

2023

Main office

Dubai

Number of employees

Up to 200

Estimated cost

1 Billions

ANAX

ANAX Developments is a dynamic, technology-led developer that has rapidly ascended the ranks of Dubai’s luxury real estate sector since its founding in 2023. Headquartered in the Aspin Commercial Tower, the firm serves as the flagship property division of Satish Sanpal’s ANAX Holding. Distinguished by its “billion-dollar horizon” strategy, ANAX has gained international recognition for pioneering the ELLE Residences on Dubai Islands—the region’s first fashion-branded lifestyle destination of its kind. With a focus on “intelligent luxury,” the company integrates smart-home systems and five-star concierge services across its portfolio, including the flagship Vento Tower. By combining a robust internal land bank with a mission to deliver wellness-driven, design-led spaces, ANAX is positioned as one of the most ambitious and agile developers in the UAE’s 2026 market.
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