ANAX Developments has appointed Raja Alameddine as Chief Executive Officer of the real estate arm of ANAX Holding, the company announced on Tuesday.
Alameddine brings more than 30 years of experience in real estate development across regional and international markets. He has held positions at Colliers International, Gulf Related, Jeddah Economic Company, Solidere International, and Lootah Real Estate Development.
Over the course of his career, he has led portfolios that include master-planned cities and mixed-use projects. He holds an MBA and a Bachelor in Engineering from the American University of Beirut.
Dubai’s ANAX Developments names new CEO amid luxury real estate push
In his new position, Alameddine will oversee the strategic direction of ANAX Developments, with a focus on growth and international expansion. He will also take a role in shaping the company’s vision for destinations that set benchmarks in real estate.
His mandate includes charting a course for the long-term future of ANAX Developments, with leadership anchored in delivering projects in locations that position the company at the forefront of UAE real estate.
“We see the current period of market recalibration as a moment to prepare for the surge that will follow. We are strengthening our operations while ensuring that our launches, construction and deliveries remain on track and executed with precision,” Satish Sanpal, Founder and Chairperson of ANAX Holding said in a statement.
“Raja has a deep understanding of the real estate landscape and proven management expertise across global enterprises. We are confident in his ability to lead ANAX Developments into its next phase of growth and take the business to new heights,” he added.
“I am proud to join ANAX Developments at such an exciting phase of its growth. With a strong and expanding portfolio, I look forward to working with the team to deliver exceptional projects and introduce new developments that reflect ANAX’s commitment to luxury and innovation. Our strategy will focus on delivering projects that meet international standards of quality, execution and long-term value,” Alameddine added.
ANAX Developments is the real estate arm of ANAX Holding, based in Dubai, United Arab Emirates. The company operates across the luxury segment of the UAE property market.
