Dubai is set to be a major global hotspot for real estate investment in 2024.

The city’s bustling economy, friendly government rules, solid buildings, attractive tourist spots all make it a great pick for investors, along with the key components that are unique to the UAE Market : such as tax-free investment, freehold ownership, long-term residency visa benefits, high rental yields, safety, security, and stability which are important for family-friendly living and a growing economy which offers a robust environment for investment.

L’Officiel Arabia speaks to Murtaza Moiz, Vice Chairman of Symbolic Developments and Speedex Group, on distinguishing itself in a busy landscape and the role of Vaastu.

With the robust growth of Dubai real estate in the last few years, how does Symbolic Developments stand out of the crowd?

Symbolic Developments distinguishes itself in the competitive UAE real estate market by offering a combination of high standards and innovative features. We provide elevated living with luxurious amenities that ensure a high standard of living. Our spacious homes are priced affordably, striking a balance between luxury and cost-effectiveness, making them accessible to a wider audience. Additionally, our smart homes integrate advanced technology to cater to modern living needs, enhancing convenience and efficiency for residents. Moreover, the strategic location of our projects ensures close proximity to key locations, providing excellent connectivity and convenience for everyday living. These unique features collectively set Symbolic Developments apart in the vibrant real estate landscape of the UAE.

What is your experience in developing an ideal residential project?

Our experience in developing ideal residential projects is rooted in thorough research and understanding of customer requirements. We have integrated several key features that cater to the preferences of our clientele:

Closed Kitchen Concepts and Attached Ensuite Washrooms: Car-Free Amenity Floor; Balcony in Each Room and Floor-to-Ceiling Windows maximizing natural light and ventilation, creating a brighter and more welcoming living space; and Fully Furnished Apartments with High-End Kitchen Appliances.

Our inaugural project Symbolic Alpha in Liwan was a resounding success, selling out within three months of launch, which underscores the strong demand and positive reception of our commitment to quality and customer satisfaction. We prioritize timely delivery and uphold the highest standards of quality.

How important is it for you to offer a Vaastu-compliant product?

As a customer-centric developer, offering Vaastu-compliant homes is essential to meet the needs of our diverse clientele, particularly our Asian customers who prioritize these principles. Ensuring our projects align with Vaastu principles reflects our commitment to catering to the cultural and spiritual needs of our clients.

How do you ensure that your designs align with Vaastu principles?

At Symbolic Developments, ensuring that our designs align with Vaastu principles is a fundamental part of our development process. From the very initial stages of plot acquisition, we engage a Vaastu expert to guide us through each phase of the project. This meticulous approach begins with selecting a site that meets Vaastu criteria, ensuring the land’s energy is harmonious and conducive to positive living.

Throughout the planning and design stages, the Vaastu consultant works closely with our architects and engineers to incorporate Vaastu principles into the building’s layout. This involves careful consideration of the orientation of the building, the placement of rooms, and the flow of energy within the spaces.

During the construction phase, we continue to consult with the Vaastu expert to ensure that all elements are implemented correctly. This comprehensive, step-by-step integration of Vaastu principles guarantees that our projects meet the high expectations of our Vaastu-conscious customers, providing them with homes that are not only aesthetically pleasing but also imbued with positive energy and harmony.

By adhering to these practices, we not only respect the cultural and spiritual needs of our clients but also enhance the overall living experience, contributing to their well-being and prosperity. This commitment to Vaastu compliance reflects our dedication to customer satisfaction and excellence in design.

Tell us about your new project Symbolic Aura.

Symbolic Aura, developed by Symbolic Developments under the Speedex Group, is a high-end residential project valued at AED 150 million, located in the vibrant Al Furjan neighborhood of Dubai. This development features 72 Premium Lifestyle Sky Garden Residences with spacious 2.5 and 3-bedroom apartments, furnished with top-notch German kitchen appliances. Designed as a sustainable development aligned with the UAE’s green vision, Symbolic Aura integrates green elements into urban living. Amenities include a fitness center, meditation retreat, and communal spaces, all aimed at providing luxury and convenience. With construction starting in June 2024 and possession by March 2026, the project offers an attractive 40:60 payment plan.