In geotechnical engineering, the settlement behavior of foundations plays a critical role in ensuring the stability and performance of structures. Among these foundations, annular rafts and granular piles are commonly utilized due to their advantageous properties. An annular raft, characterized by its circular shape with an empty space in the center, distributes loads over a wider area compared to conventional footings, thus reducing the potential for excessive settlement. Granular piles, on the other hand, are cylindrical columns of granular material installed deep into the soil to enhance bearing capacity and reduce settlement. The combination of these two foundation elements presents unique challenges and opportunities in foundation design. This study presents an analytical investigation of the settlement behavior of granular piles beneath an annular raft foundation, utilizing the elastic continuum approach. Incorporating non-dimensional parameters, the analysis provides a comprehensive understanding of the influence of depth of granular piles on settlement characteristics. The elastic continuum method is employed to model the soil and pile interaction, enabling the derivation of dimensionless solutions that highlight the interplay between various influencing factors. Key parameters such as pile length-to-diameter ratio, raft radius ratio, pile length to its diameter ratio (L/d), and relative stiffness of the granular pile to the surrounding soil are examined. The findings indicate that increasing the depth of granular piles significantly reduces settlement, with diminishing returns observed beyond certain depths. A substantial percentage decrease of approximately 58.47% was recorded when normalized width of raft is increased from 2 to 5. This study offers valuable insights for the design and optimization of granular pile foundations, ensuring improved performance and cost-effectiveness in geotechnical engineering applications.