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About The Speedex Group

Speedex Group is a Dubai-based conglomerate that has been shaping the wholesale and retail industries since 1991. Founded by Mr. Moiz Tayebali Lokhandwala, this company started as a humble hardware store in Deira and evolved into a truly diversified group, with several divisions. Speedex Group is committed to quality, innovation, and sustainability, making it one of the leading import and export businesses in the UAE.

As an integral part of this very long journey towards UAE growth and progress over three decades, Speedex Group has come quite a long way. The company began as a simple hardware store and has become a conglomerate with different divisions. The promise of Speedex Group remains unbroken in the areas of quality, innovation, and sustainability.

Speedex Group was the first player Among the DIY companies to introduce the concept to the emirate and opened its first DIY retail store in Ajman in 1999. Speedex Group now has superstores located at Al Quoz, Dubai Investment Park, and an outlet in Circle Mall, JVC. Speedex has become a household name in the country and a great favorite among DIY enthusiasts. The new business arm of Speedex Group became operational in 2018 with the establishment of UNS Farms to supply fresh food products to the UAE market and reduce imports.

Well, the farm grows leafy greens and microgreens under hydroponics and boasts one of the largest operational indoor vertical farms in the region. Over 65,000 sq. ft of space is under production. In 2023, Speedex Group unveiled Symbolic, a boutique real estate development firm focusing solely on the high-end segment of the market. Symbolic’s continued aims and objectives include bringing families together in community living enriched with value.

Latest Off Plan Projects by Speedex Group

Portfolio

  • Symbolic Aura : A luxury residential project where elegance meets modern living. The project offers luxury and sophistication complemented by top notch amenities. In each step residence here can embrace a life of comfort and unparalleled convenience.

  • Symbolic Alpha : A boutique real estate venture where the project is quite unique as it is developed with a distinctive approach to craft this beautiful development. It lets you embark on a journey where residents will experience an unbeatable lifestyle, relaxation, wellness, and social interaction.

Area of Expertise

Specializing in the following areas, Speedex Group:

  • Retail: Superstores and DIY retail outlets
  • Import and export: Leading import and export business in the UAE
  • Agriculture: Utilizing hydroponic farming technology for local food production
  • Real estate development: Family-oriented communities with sustainability and well being

Services Offered

Speedex Group offers a range of services through its subsidiary companies:

  • Speedex Tools: Sells hand and power tools and other hardware.

  • UNS Vertical Farms: Provides fresh produce to leading supermarket chains.

  • Symbolic Developments: Develops premium homes with a focus on sustainability, social interaction, and individual well-being

Why Choose Speedex Group?

  • Three Decades of Tradition: Speedex Group has come to represent a rich legacy of sheer hard work, innovation, and a commitment to quality over more than thirty years.

  • The Wide Spectrum: Speedex Group embraces diverse lines including retail, agriculture, and even real estate thus offering a wider variety of products and services.

  • Eco-Consciousness Principle: Speedex Group adheres to sustainability principles, as exhibited by UNS Vertical Farms, and hence by Symbolic Developments.

  • Customer-focused Model: The Speedex Group fully strives to meet customers’ demands and provide innovative solutions to them.

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