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China’s Fidu sees 289% YoY jump in Emaar’s projects sales

China’s Fidu sees 289% YoY jump in Emaar’s projects sales
Fidu Properties saw a 172% jump in real estate deals in UAE
Emaar
EMAAR
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Dubai – Mubasher: Fidu Properties, one of the leading UAE-based Chinese developers, recorded a 289% year-to-year (YoY) surge in the sales of projects by Emaar Properties in the UAE during 2019.

Fidu Properties saw a 172% jump in real estate deals completed during 2019 in Dubai and the UAE compared to 2018, according to a press release on Sunday.

As part of its growth plan in the real estate market in Dubai and the UAE in 2019, Fidu registered a 231% year-to-year increase in rental deals and 200% increase in its agents’ commissions.

Commenting on the strong performance, the CEO of Fidu Properties, Nazish Khan, said: “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.”