Dubai, January 12, 2020: Fidu Properties celebrate two successful years in the United Arab Emirates’s real estate market. Fidu Properties conducted its annual event at the magnificent Four Seasons Resort in Dubai. The formal black-tie gala was a roaring festivity, with employees thoroughly enjoying themselves in the lavish ballroom.
The entertainment of the event involved Chinese themed dance performances and a quiz about the company’s achievements over the past year. Many employees were recognised with an award of excellence and a gift to acknowledge their dedication to the growth of the company. The memorable night ended with dancing, a photo session and a raffle.
During the last year, Fidu Properties has registered an incredible 172% increase in the real estate deals that were closed during 2019 as compared to the previous year. Our company has also recorded a 289% year to year increase in sales of projects by EMAAR.
A 231% year to year increase in rental deals and a 200% increase on its agent commissions during 2019 were recorded when compared to 2018. Fidu Properties plans to charge full speed ahead in expansion mode, increasing the number of employees from 127 to 250 by the end of 2020.
The statement released by Fidu Properties is reported as: “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 standard – 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.”
The COO 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 the 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 recognised real estate company and to be the number one ultimate destination of buyers, sellers, and investors here in Dubai.”