diff --git a/packages/components/src/popover/README.md b/packages/components/src/popover/README.md
index 6dfd1f6bdd7243..d4990aacd8d7de 100644
--- a/packages/components/src/popover/README.md
+++ b/packages/components/src/popover/README.md
@@ -151,8 +151,17 @@ Set this to hide the arrow which visually indicates what the popover is anchored
 -   Required: No
 -   Default: `true`
 
+### anchor
+
+The element that should be used by the `Popover` as its anchor. It can either be an `Element` or, alternatively, a `VirtualElement` — ie. an object with the `getBoundingClientRect` function and the `ownerDocument` properties defined.
+
+-   Type: `Element | VirtualElement`
+-   Required: No
+
 ### anchorRect
 
+**Deprecated**. Please use the `anchor` prop instead.
+
 A custom `DOMRect` object at which to position the popover. `anchorRect` is used when the position (custom `DOMRect` object) of the popover needs to be fixed at one location all the time.
 
 -   Type: `DOMRect`
@@ -160,6 +169,8 @@ A custom `DOMRect` object at which to position the popover. `anchorRect` is used
 
 ### getAnchorRect
 
+**Deprecated**. Please use the `anchor` prop instead.
+
 A callback function which is used to override the anchor value computation algorithm. `anchorRect` will take precedence over this prop, if both are passed together.
 
 If you need the `DOMRect` object i.e., the position of popover to be calculated on every time, the popover re-renders, then use `getAnchorRect`.
diff --git a/packages/components/src/popover/index.js b/packages/components/src/popover/index.js
index eb3607e5b305c5..1742ae16aabfd9 100644
--- a/packages/components/src/popover/index.js
+++ b/packages/components/src/popover/index.js
@@ -154,6 +154,7 @@ const Popover = (
 		placement: placementProp = 'bottom-start',
 		offset: offsetProp = 0,
 		focusOnMount = 'firstElement',
+		anchor,
 		anchorRef,
 		anchorRect,
 		getAnchorRect,
@@ -188,6 +189,30 @@ const Popover = (
 		resize = ! __unstableForcePosition;
 	}
 
+	if ( anchorRef !== undefined ) {
+		deprecated( '`anchorRef` prop in Popover component', {
+			since: '6.1',
+			version: '6.3',
+			alternative: '`anchor` prop',
+		} );
+	}
+
+	if ( anchorRect !== undefined ) {
+		deprecated( '`anchorRect` prop in Popover component', {
+			since: '6.1',
+			version: '6.3',
+			alternative: '`anchor` prop',
+		} );
+	}
+
+	if ( getAnchorRect !== undefined ) {
+		deprecated( '`getAnchorRect` prop in Popover component', {
+			since: '6.1',
+			version: '6.3',
+			alternative: '`anchor` prop',
+		} );
+	}
+
 	const arrowRef = useRef( null );
 
 	const [ fallbackReferenceElement, setFallbackReferenceElement ] =
@@ -335,6 +360,7 @@ const Popover = (
 	// recompute the reference element (real or virtual) and its owner document.
 	useLayoutEffect( () => {
 		const resultingReferenceOwnerDoc = getReferenceOwnerDocument( {
+			anchor,
 			anchorRef,
 			anchorRect,
 			getAnchorRect,
@@ -342,6 +368,7 @@ const Popover = (
 			fallbackDocument: document,
 		} );
 		const resultingReferenceElement = getReferenceElement( {
+			anchor,
 			anchorRef,
 			anchorRect,
 			getAnchorRect,
@@ -352,6 +379,7 @@ const Popover = (
 
 		setReferenceOwnerDocument( resultingReferenceOwnerDoc );
 	}, [
+		anchor,
 		anchorRef,
 		anchorRef?.top,
 		anchorRef?.bottom,
diff --git a/packages/components/src/popover/utils.js b/packages/components/src/popover/utils.js
index c17fdd00623d23..7563108377ef1e 100644
--- a/packages/components/src/popover/utils.js
+++ b/packages/components/src/popover/utils.js
@@ -107,6 +107,8 @@ export const getFrameOffset = ( document ) => {
 };
 
 export const getReferenceOwnerDocument = ( {
+	// @ts-ignore
+	anchor,
 	// @ts-ignore
 	anchorRef,
 	// @ts-ignore
@@ -126,7 +128,9 @@ export const getReferenceOwnerDocument = ( {
 	// with the `getBoundingClientRect()` function (like real elements).
 	// See https://floating-ui.com/docs/virtual-elements for more info.
 	let resultingReferenceOwnerDoc;
-	if ( anchorRef?.top ) {
+	if ( anchor ) {
+		resultingReferenceOwnerDoc = anchor.ownerDocument;
+	} else if ( anchorRef?.top ) {
 		resultingReferenceOwnerDoc = anchorRef?.top.ownerDocument;
 	} else if ( anchorRef?.startContainer ) {
 		resultingReferenceOwnerDoc = anchorRef.startContainer.ownerDocument;
@@ -147,6 +151,8 @@ export const getReferenceOwnerDocument = ( {
 };
 
 export const getReferenceElement = ( {
+	// @ts-ignore
+	anchor,
 	// @ts-ignore
 	anchorRef,
 	// @ts-ignore
@@ -159,7 +165,9 @@ export const getReferenceElement = ( {
 	/** @type {import('@floating-ui/react-dom').ReferenceType | undefined} */
 	let referenceElement;
 
-	if ( anchorRef?.top ) {
+	if ( anchor ) {
+		referenceElement = anchor;
+	} else if ( anchorRef?.top ) {
 		// Create a virtual element for the ref. The expectation is that
 		// if anchorRef.top is defined, then anchorRef.bottom is defined too.
 		// Seems to be used by the block toolbar, when multiple blocks are selected