ANAX Developments Breaks Ground on ELLE Residences Dubai Islands and Unveils ANAX 2.0

Thursday, 18 June 2026

ANAX Developments has officially commenced construction of ELLE Residences Dubai Islands, marking ELLE’s first residential project in the Middle East. The developer also unveiled ANAX 2.0, a new growth chapter focused on luxury lifestyle communities and experience-driven developments across Dubai.

Key Highlights

• ANAX Developments has officially broken ground on ELLE Residences Dubai Islands
• The project represents ELLE’s first residential development in the Middle East and its second globally
• ELLE Residences will feature 91 premium apartments and 7 signature townhouses with direct waterfront access
• The development is scheduled for completion in Q4 2027
• International Foundation Group (IFG) has been appointed as the enabling works contractor
• ANAX Developments unveiled ANAX 2.0, highlighting its next phase of growth and expansion
• The company aims to deliver experience-led luxury communities through its “Built Different” development philosophy
• ELLE Residences received exceptional market interest and was reportedly sold out shortly after launch
• The project reinforces growing investor confidence in Dubai Islands as a premium waterfront destination
• ANAX continues to strengthen its presence in Dubai’s thriving luxury real estate sector