Speedex Group diversifies into the real estate market with symbolic developments
Speedex Group, a renowned Dubai-based conglomerate, is pleased to announce its venture into the real estate market with the launch of Symbolic Developments, a boutique real estate development company catering exclusively to the premium segment. In its vision to revolutionize the concept of premium homes, Symbolic Developments will create family-oriented communities that prioritize family interaction, sustainability, and individual well-being.
For over three decades, Speedex Group has been at the forefront of the re-export, B2B, retail and vertical farming industries in the UAE, influencing wholesale and retail landscapes. Founded by Moiz Tayebali Lokhandwala, the company has built a solid reputation among its stakeholders and customers through quality, innovation, and sustainability.
At the heart of Symbolic Developments projects, the company aims to build a sense of community and enhance the quality of life for its residents. This is evident through the incorporated designs and the various amenities offered, which provide a richer quality of life and set a new standard for premium living.
“We are proud of our legacy intertwined with Dubai’s remarkable growth. Our passion lies in building exceptional destinations that go beyond basic housing. Our vision is to transform the concept of urban living and raise the standards of quality and innovation in mid-range communities. This commitment is evident in all our upcoming groundbreaking projects, which will not only make an impact now but also shape the future”, said Vice Chairman, Murtaza Moiz.
As part of its projects, Symbolic Developments is committed to sustainability and committed to reduce its carbon footprint and minimize its environmental impact through the incorporation of renewable energy sources, the use of sustainable materials, and efficient operations.
The philosophy of Symbolic Developments emphasizes social interaction and community-building in addition to sustainable practices.
Drawing inspiration from the structure of a beehive, which holds significant symbolism in Islamic culture representing community, cooperation, and productivity, Symbolic Developments, through its projects fosters a sense of togetherness and promotes the importance of working together toward a common goal through its projects.
Symbolic Developments provides investors with the opportunity to expand their investment portfolio and maximize their returns. With its location in Dubai, UAE, giving investors access to a thriving economy and a secure, service-oriented environment. In order to make a smart investment in Symbolic Developments, you need to consider the following factors:
Exceptional ROI: Symbolic has the potential to deliver high returns on investments in the range of 5% to 8%. Its returns outpace those available in a number of other international markets, making it an attractive investment option for investors.
A multi-cultural environment: Dubai is known for the cosmopolitan lifestyle it offers and is home to more than 120 nationalities. Investing in this diverse environment allows investors to gain insight into a variety of cultures and viewpoints.
Top-ranked safety: Dubai has consistently been recognized as one of the world’s safest cities, offering residents and investors a safe and secure environment. This safety factor enhances the overall appeal of investing in Symbolic Developments projects.
A thriving tourism industry: Dubai is one of the world’s top five most visited cities, with over 16 million visitors each year. As a result, it is an ideal location for investment in tourism-related industries offering ample opportunities for growth and profit.
A favorable tax environment: Symbolic Developments enjoys a tax environment with no income tax and no property tax. In addition to allowing investors to retain a larger portion of their earnings, the favorable taxation policy also allows them to reinvest their earnings or enjoy their returns to a greater extent.
Known for its iconic landmarks, such as the tallest building in the world and the world’s largest mall, Dubai is the city of superlatives. An investment in Symbolic Developments provides individuals with a unique opportunity to contribute to the extraordinary city and its remarkable achievements, which makes investing and living in Symbolic Developments project a thrilling and dynamic experience.
Symbolic Developments’ prestigious projects are currently under development and are set to be launched in 2023 with the first project coming up in Liwan. The company invites interested buyers and investors to explore these upcoming projects and join them on the journey towards sustainable living and overall well-being.
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About Speedex Group:
Speedex Group is a Dubai-based conglomerate that has been shaping the wholesale and retail industry since its inception in 1991. With a legacy spanning over three decades, the company has diversified its business through innovative ideas, including the establishment of DIY retail stores and advanced agriculture initiatives. Speedex Group is committed to innovation, sustainability, and quality, with a strong focus on community and empowerment.
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