Established Since: 1978
CEO: Anna Yeghiazaryan's
Ermax Development UAE is part of the Ermax Group, active in the property sector with a focus on residential projects. As a UAE property developer, the company works on compact, planned buildings that add to Dubai’s housing stock. Its main project is Lusin Residences, located in International City.
Lusin Residences is an off-plan development designed as a mid-rise structure of G+P+7 floors. The building includes studios, one- and two-bedroom apartments, supported by shared facilities such as a swimming pool, barbecue space, and landscaped recreational areas. Proximity to Warsan Lake, Dragon Mart, and direct access to E311, alongside the planned Dubai Metro Blue Line, increases connectivity. The project’s completion is scheduled for the second quarter of 2027, adding a measured timeline to Ermax real estate projects.
The company’s portfolio reflects an interest in both Ermax residential projects and the possibility of future Ermax commercial projects. Through its role, Ermax contributes to functional urban housing while exploring opportunities in Ermax luxury developments. Its mission appears focused on reliable delivery and planned growth, while its vision connects to creating modern Ermax properties within Dubai’s wider housing sector.