Fidu Properties, one of the leading Chinese companies in the UAE property market, has completed two years of success in the UAE with amazing year-to-yeargrowth reflecting the surging demand for real estate in Dubai and the UAE. The company has registered a 172% spurt in real estate deals closed during 2019 as compared to 2018.
Fidu Properties also announced that it has recorded a 289% year-to-year increase in sales of projects by Emaar Properties, 231%year-to-year increase in rental deals, and 200%increase on its agents’ commissions during 2019, compared to 2018.
In line with this growth trajectory, Fidu Properties has announced plans to double its workforce during the year – from 127 employees to over 250 by the end of 2020. The company, which opened its second office in Downtown Dubai in September 2019, also shared plans to expand its footprint in Dubai with its third office soon, as part of its aggressive expansion strategy.
To commemorate and celebrate its success and incredible growth under its astute leadership, Fidu Properties recently organized an annual gala event at Four Seasons Resort Dubai, which was attended by the company’s employees.
In his comments on the success achieved in the past two years, Mr. Nazish Khan, Chief Operating Officer of Fidu Properties, said: “Through a combination of entrepreneurial spirit, professional excellence and in-depth understanding of the demand-supply dynamics in Dubai and the UAE’s real estate sector, Fidu Properties has managed to achieve a growth which is phenomenal from any standards – particularly in a very competitive business environment. We are extremely proud of the success we have achieved; and to achieve a 172% growth in real estate deals closed in 2019 with the highest level of customer happiness is no ordinary feat.”
He added: “This success is a result of a lot of hard work and commitment of our team in Dubai, and we have successfully delivered the right services to our clients. To grow from a small and aspiring brokerage company which was selling only off-plan projects to one of the leading Chinese companies in Dubai speaks volumes of our achievements. Since our inception, Fidu has uploaded the VIP hospitality and consultation services that we provide to our clients, Fidu is eager to contribute more to our client’s success with our professional insights.”
The third office, to be opened soon, will serve as an expansion home for the company’s enthusiastic and experienced property consultants and back office employees.The company continues to expand internationally and diversify its portfolio to include investments in Dubai real estate sector with its extensive network.
“The Fidu family is full of motivation, professional drive, creativity, innovative ideas and determination, committed to reinforce its identity as a reliable, trusted and recognized real estate company and to be the number one ultimate destination of buyers, sellers, and investors here in Dubai,” he added.
© Press Release 2020Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
