en.Wedoany.com Reported - Developer ANAX Developments has commenced construction of its flagship project, ELLE Residences, on Dubai Islands. This marks the first residential project under the ELLE brand in the Middle East and the second globally, following the brand's launch of a residential tower in Miami.
The groundbreaking ceremony was attended by senior representatives of ANAX, key stakeholders, industry leaders, and media representatives. ELLE Residences is scheduled for completion in the fourth quarter of 2027, comprising 91 apartments and 7 iconic townhouses, all with direct access to the waterfront.
Satish Sanpal, Founder and Chairman of ANAX Holding, stated that the commencement of construction on ELLE Residences reflects the company's commitment to fulfilling its promises, expressing confidence in the UAE and its future, which is why the company continues to invest in the country.
Raja Alameddine, CEO of ANAX Developments, described this as a new chapter for the company, unveiling the ANAX 2.0 brand development plan. This plan reflects the company's strategic focus on expanding its operations in the UAE with an experience-driven and luxury lifestyle orientation. He added that by adopting a "build differently" philosophy, combining architectural excellence with intelligent systems, and designing spaces around the human experience from the very first point of contact, the vision of experiential living is brought to life.
Ravi Bhirani, Managing Director of ANAX Developments, stated that ELLE Residences has received an enthusiastic response in the market, selling out quickly after launch, and looks forward to celebrating its completion and handover in the fourth quarter of 2027.
To ensure construction quality standards, ANAX Developments has appointed International Foundation Group (IFG) as the pre-construction engineering contractor for ELLE Residences. The event also unveiled ANAX 2.0, the next phase of ANAX Developments' continued expansion in the UAE real estate market.
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