Latest news with #AlFurjan
Zawya
3 days ago
- Business
- Zawya
$57mln Symbolic Zen Residences focuses on mindful living
Dubai's Al Furjan neighbourhood will welcome a striking new residential development following the unveiling of Symbolic Zen Residences by Symbolic Developments. The AED210 million ($57.17 million) project blends modern luxury with the philosophy of mindful living, said the developer. This launch marks the developer's third project in Dubai and second within Al Furjan's master community. It follows the success of Symbolic Aura, which was sold out swiftly, and the ahead-of-schedule handover of its debut project Symbolic Alpha in Liwan which was delivered in just 14 months, it said. Symbolic Developments, the real estate division of the Speedex Group, focuses on community, well-being, and sustainability. Located along Al Asayel Street in Al Furjan, Symbolic Zen Residences features just 82 exclusive homes, offering 2.5-bedroom apartments and 3.5-bedroom garden residences. The homes are fully furnished, Vaastu-compliant and feature closed kitchen, en-suite bedrooms, panoramic balconies, and expansive 12-foot ceilings that flood the spaces with light and openness. Adding to the sense of serenity are French windows, private garden terraces, and a floor plan that maximizes ventilation and views - all part of what Symbolic calls their 'Zen Garden Residences' theme. 'At Symbolic, we don't just build structures - we craft spaces that resonate with the way people truly want to live,' says Murtaza Moiz, Vice Chairman of Symbolic Developments and Speedex Group. 'Each of our projects reflects our commitment to creating something genuinely meaningful places that promote well-being, foster a sense of belonging, and stand the test of time. Zen Residences brings that vision to life by offering not just luxury, but a lifestyle rooted in balance, comfort, and community. It's about building homes people are proud to return to every single day.' 'We've designed Symbolic Zen Residences to stand out not just in aesthetics, but in the experience it offers residents,' adds Karan Arora, Head of Sales and Marketing at Symbolic Developments. 'From 12-foot-high ceilings and panoramic balconies to a first habitable floor elevated 50 ft above ground, every element has been chosen to amplify comfort, privacy, and openness. It's a low-density community with just 82 homes each fully furnished, Vaastu-compliant, and equipped with smart home automation. Even the plot itself was carefully selected, a coveted corner plot with roads on three sides, offering unobstructed views and natural light from all angles. Emphasis on these minute details reflect how Symbolic Developments' commitment to redefining what premium city living can truly be." Symbolic Zen Residences is designed to be a wellness-focused sanctuary. The development includes temperature-controlled pools, a yoga and meditation deck, a jogging track, kids' play area, a jacuzzi, and steam and sauna rooms. Residents can enjoy peaceful areas to relax, recharge, or connect with neighbors fostering a welcoming and uplifting atmosphere. 'Sustainability is woven throughout the project. As part of Symbolic's broader commitment to green development, the residences include EV charging stations, smart energy solutions, and environmentally responsible materials; a forward-looking approach that aligns with the UAE's growing emphasis on sustainable living', affirmed Moiz. Located just 2 minutes away from Discovery Gardens Metro Station, the development offers seamless access to Dubai Marina, Downtown Dubai, DIFC, Expo City, and major airports — making it ideal for both families and professionals. Retail showrooms on the ground floor add convenience, while the elevated podium level ensures privacy and quiet above the bustle of the city. – TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Khaleej Times
4 days ago
- Business
- Khaleej Times
Rising end-users in Dubai property spur new launches catering to this sector
A shift in mindset among Dubai residents towards homeownership is leading to a change among the emirate's developers as well, as more projects come onstream with the end-user in mind. 'Seventy per cent of customers who have bought our properties are end-users,' Mustafa Moiz, managing director, Speedex Group, which owns Symbolic Developments, said on the sidelines of the launch of their latest project, the Dh210 Million Symbolic Zen Residences in Al Furjan. 'We are looking at that kind of market where first time users like the tenants who have been probably thinking long term staying in this country,' he added. This launch marks the developer's third project in Dubai and second within Al Furjan's master community. It follows the success of Symbolic Aura, which was sold out swiftly, and the ahead-of-schedule handover of their debut project Symbolic Alpha in Liwan which was delivered in just 14 months. Located along Al Asayel Street in Al Furjan, the project features 82 units, offering 2.5-bedroom apartments and 3.5-bedroom garden residences. The homes are fully furnished, Vaastu-compliant and feature closed kitchen, en-suite bedrooms, panoramic balconies, and 12-foot ceilings. Strategically located just two minutes away from Discovery Gardens Metro Station, the development offers seamless access to Dubai Marina, Downtown Dubai, DIFC, Expo City, and major airports. From a single hardware store in Deira, Speedex Group has now grown into a multidimensional enterprise. Its sustainability project, UNS Farms, specialises in vertical farming and produces fruit and vegetables. 'Our initial foray into hardware and construction material retail has immensely helped us in our journey as a developer,' Moiz said. 'We are looking at opening more farms, and catering to the concept of fresh from farm to table,' he added. The Speedex Group MD does not see the current boom in Dubai ending anytime soon. 'Corrections can happen. But that is not a downward trend. That is always part of the market trend. I don't see the real estate, especially for Dubai, real estate going anywhere more than what the regular corrections can be. There is lot of room for growth, and the initiative that the government is bringing up and the kind of infrastructure that the government has provided for future projects, especially towards Dubai South, will continue to sustain the economy,' Moiz said.
Trade Arabia
4 days ago
- Business
- Trade Arabia
$57m Symbolic Zen Residences focuses on mindful living
Dubai's Al Furjan neighbourhood will welcome a striking new residential development following the unveiling of Symbolic Zen Residences by Symbolic Developments. The AED210 million ($57.17 million) project blends modern luxury with the philosophy of mindful living, said the developer. This launch marks the developer's third project in Dubai and second within Al Furjan's master community. It follows the success of Symbolic Aura, which was sold out swiftly, and the ahead-of-schedule handover of its debut project Symbolic Alpha in Liwan which was delivered in just 14 months, it said. Symbolic Developments, the real estate division of the Speedex Group, focuses on community, well-being, and sustainability. Located along Al Asayel Street in Al Furjan, Symbolic Zen Residences features just 82 exclusive homes, offering 2.5-bedroom apartments and 3.5-bedroom garden residences. The homes are fully furnished, Vaastu-compliant and feature closed kitchen, en-suite bedrooms, panoramic balconies, and expansive 12-foot ceilings that flood the spaces with light and openness. Adding to the sense of serenity are French windows, private garden terraces, and a floor plan that maximizes ventilation and views - all part of what Symbolic calls their 'Zen Garden Residences' theme. 'At Symbolic, we don't just build structures - we craft spaces that resonate with the way people truly want to live,' says Murtaza Moiz, Vice Chairman of Symbolic Developments and Speedex Group. 'Each of our projects reflects our commitment to creating something genuinely meaningful places that promote well-being, foster a sense of belonging, and stand the test of time. Zen Residences brings that vision to life by offering not just luxury, but a lifestyle rooted in balance, comfort, and community. It's about building homes people are proud to return to every single day.' 'We've designed Symbolic Zen Residences to stand out not just in aesthetics, but in the experience it offers residents,' adds Karan Arora, Head of Sales and Marketing at Symbolic Developments. 'From 12-foot-high ceilings and panoramic balconies to a first habitable floor elevated 50 ft above ground, every element has been chosen to amplify comfort, privacy, and openness. It's a low-density community with just 82 homes each fully furnished, Vaastu-compliant, and equipped with smart home automation. Even the plot itself was carefully selected, a coveted corner plot with roads on three sides, offering unobstructed views and natural light from all angles. Emphasis on these minute details reflect how Symbolic Developments' commitment to redefining what premium city living can truly be." Symbolic Zen Residences is designed to be a wellness-focused sanctuary. The development includes temperature-controlled pools, a yoga and meditation deck, a jogging track, kids' play area, a jacuzzi, and steam and sauna rooms. Residents can enjoy peaceful areas to relax, recharge, or connect with neighbors fostering a welcoming and uplifting atmosphere. 'Sustainability is woven throughout the project. As part of Symbolic's broader commitment to green development, the residences include EV charging stations, smart energy solutions, and environmentally responsible materials; a forward-looking approach that aligns with the UAE's growing emphasis on sustainable living', affirmed Moiz. Located just 2 minutes away from Discovery Gardens Metro Station, the development offers seamless access to Dubai Marina, Downtown Dubai, DIFC, Expo City, and major airports — making it ideal for both families and professionals. Retail showrooms on the ground floor add convenience, while the elevated podium level ensures privacy and quiet above the bustle of the city. – TradeArabia News Service
Zawya
4 days ago
- Business
- Zawya
Symbolic Developments launches AED 210mln Symbolic Zen Residences in Al Furjan
Dubai, UAE - Dubai's Al Furjan neighborhood is set to welcome a striking new residential development as Symbolic Developments unveils Symbolic Zen Residences - a thoughtfully designed, AED 210 million project that blends modern luxury with the philosophy of mindful living. This launch marks the developer's third project in Dubai and second within Al Furjan's master community. It follows the overwhelming success of Symbolic Aura, which was sold out swiftly, and the ahead-of-schedule handover of their debut project Symbolic Alpha in Liwan which was delivered in just 14 months. Symbolic Developments, the real estate division of the Speedex Group, has emerged as a developer that prioritizes more than just brick and mortar. With a sharp focus on community, well-being, and sustainability, the brand continues to build spaces that feel as good to live in as they look. With Symbolic Zen Residences, Symbolic brings to life homes that nourish physically, emotionally and spiritually. Located along Al Asayel Street in Al Furjan, the project features just 82 exclusive homes, offering 2.5-bedroom apartments and 3.5-bedroom garden residences. The homes are fully furnished, Vaastu-compliant and feature closed kitchen, en-suite bedrooms, panoramic balconies, and expansive 12-foot ceilings that flood the spaces with light and openness. Adding to the sense of serenity are French windows, private garden terraces, and a floor plan that maximizes ventilation and views - all part of what Symbolic calls their 'Zen Garden Residences' theme. 'At Symbolic, we don't just build structures - we craft spaces that resonate with the way people truly want to live,' says Murtaza Moiz, Vice Chairman of Symbolic Developments and Speedex Group. 'Each of our projects reflects our commitment to creating something genuinely meaningful places that promote well-being, foster a sense of belonging, and stand the test of time. Zen Residence s brings that vision to life by offering not just luxury, but a lifestyle rooted in balance, comfort, and community. It's about building homes people are proud to return to every single day.' 'We've designed Symbolic Zen Residences to stand out not just in aesthetics, but in the experience it offers residents,' adds Karan Arora, Head of Sales and Marketing at Symbolic Developments. 'From 12-foot-high ceilings and panoramic balconies to a first habitable floor elevated 50 ft above ground, every element has been chosen to amplify comfort, privacy, and openness. It's a low-density community with just 82 homes each fully furnished, Vaastu-compliant, and equipped with smart home automation. Even the plot itself was carefully selected, a coveted corner plot with roads on three sides, offering unobstructed views and natural light from all angles. Emphasis on these minute details reflect how Symbolic Developments' commitment to redefining what premium city living can truly be." Symbolic Zen Residences is designed to be a wellness-focused sanctuary. The development includes temperature-controlled pools, a yoga and meditation deck, a jogging track, kids' play area, a jacuzzi, and steam and sauna rooms. Residents can enjoy peaceful areas to relax, recharge, or connect with neighbors fostering a welcoming and uplifting atmosphere. 'Sustainability is woven throughout the project. As part of Symbolic's broader commitment to green development, the residences include EV charging stations, smart energy solutions, and environmentally responsible materials; a forward-looking approach that aligns with the UAE's growing emphasis on sustainable living', affirmed Murtaza Moiz. Strategically located just 2 minutes away from Discovery Gardens Metro Station, the development offers seamless access to Dubai Marina, Downtown Dubai, DIFC, Expo City, and major airports — making it ideal for both families and professionals. Retail showrooms on the ground floor add convenience, while the elevated podium level ensures privacy and quiet above the bustle of the city. With Symbolic Zen Residences, Symbolic Developments continues to establish itself as a trusted name in timely delivery, architectural elegance, and community-driven innovation shaping a future where luxury and sustainability live in harmony. About Symbolic Developments: Symbolic Developments, a division of the Speedex Group, a Dubai-based multinational conglomerate with a 35-year legacy, specializes in upscale real estate offerings. Focusing on premium residences within family-centric communities, they prioritize delivering top-notch homes that elevate residents' lifestyles. The name 'Symbolic' embodies their projects' fundamental ethos and purpose, signifying the potency of symbols in conveying intricate concepts, emotions, and aspirations. They believe developments should transcend mere physical structures, serving as emblems of our dedication to sustainable living, community integration, and holistic well-being. Speedex Group: Speedex Group is a Dubai-based conglomerate that has been making waves in the retail industry since its inception in 1991. The company was founded by Mr. Moiz Tayebali Lokhandwala, a visionary entrepreneur with a deep-rooted passion for quality and sustainability. Speedex Tools, the flagship company under the esteemed Speedex Group, is a leading retailer, wholesaler, and distributor of tools, hardware, and home-improvement products in the U.A.E. With a legacy of over three decades, they have pioneered the comprehensive hardware store concept. Unsfarms, an esteemed division under the Speedex Group, shares the same commitment to building a sustainable future for food production. Its mission is to deliver high quality, farm-fresh produce grown year-round in the UAE, right to your doorstep.
Zawya
19-05-2025
- Business
- Zawya
Azizi Developments' Azizi Central reaches 65% sales milestone
Dubai, United Arab Emirates: Azizi Developments, a leading private developer in the UAE, has announced that 65% of the released units at Azizi Central, its contemporary residential development strategically located in Al Furjan, have been sold, with the handover scheduled for Q4 2025. Among the 31 represented nationalities, Western and European investors - including those of the United Kingdom, Switzerland, Belgium, the Netherlands, Sweden, and Canada – comprise the largest share at 28%. MENA buyers, such as citizens of Egypt, Algeria, Iran, and Turkey, contribute 20%, while South Asian nationals, particularly from India and Pakistan, make up 15%. Another 7% are Emirati nationals, with the rest attributed to other international buyers, including those from the Philippines, Argentina, Sri Lanka, Ethiopia, and Afghanistan - a reflection of Azizi Central's global appeal and strategic positioning in one of Dubai's most connected and vibrant growth corridors. Mr. Farhad Azizi, Group CEO of the Azizi group of companies, said: "We're proud to see such strong demand for Azizi Central, with 65% of units already sold to investors from diverse nationalities. This milestone highlights Al Furjan's appeal as a connected, vibrant community and reinforces our commitment to delivering world-class developments in Dubai's most promising locations. With steady construction progress, we look forward to handing over a project that combines design excellence with lifestyle convenience." Azizi Central offers a selection of one-, two-, and three-bedroom apartments designed to meet modern lifestyle requirements. The development, which boasts stylish exteriors and interiors, blending comfort with sophistication, features a host of amenities, including landscaped walk-in areas, a state-of-the-art gym, separate pools for adults and children, an outdoor seating area, a BBQ zone, and ample parking facilities. The development also offers a variety of retail and dining options, catering to everyday needs and various leisure preferences. Residents will enjoy excellent connectivity to Dubai's major highways, and Al Furjan Metro Station is just a few minutes away. Key destinations such as Expo City Dubai, Dubai Marina, and Palm Jumeirah are within close reach, ensuring convenience and accessibility. Azizi Developments' Sales Gallery can be visited on the 13th floor of the Conrad Hotel on Sheikh Zayed Road. About Azizi Developments Azizi Developments is a leading developer based in Dubai, UAE. With more than 40,000 homes successfully delivered to local and international investors and end users of over 100 nationalities, the developer prides itself on its extensive portfolio of modern luxury developments across Dubai's most sought-after residential and commercial destinations, its construction-driven approach, and its commitment to transparency and customer centricity. Azizi's residential and commercial properties are investor friendly, catering to all lifestyles. The developer makes it its international mission to develop lifestyles and enrich the lives of its residents with a focus on catalyzing the vision and development of the markets that it operates in. Azizi currently has around 150,000 units under construction, valued at several tens of billions of US dollars. The company is renowned for developing the world's second tallest skyscraper and an AED 2.5 billion opera, which is its gift to the city, as part of its cultural district at Azizi Venice. Azizi has a strong track record and sizeable project pipeline through its extensive land bank and strategic partnerships with Dubai's key master developers and is instrumental in developing world-class properties in MBR City, Palm Jumeirah, Sheikh Zayed Road, Dubai Healthcare City, Dubai South, Dubailand, Al Furjan, Studio City, Sports City and Downtown Jebel Ali. For further information about Azizi Developments, please contact: Tizian H. G. Raab Head of PR & Communications and Advisor to the Group CEO Email: tizian@
