Gulf Construction Online - Fidu plans big UAE expansion

Real Estate

Fidu plans big UAE expansion

01 November 2019

Fidu Properties, a leading Chinese company with a major presence in the UAE property market, has opened its second office at Emaar Square Building in Dubai and plans to set up yet another office in the emirate as part of its aggressive regional expansion plan.

The company, which is bullish about the growth potential of the real estate sector in the UAE, has announced massive expansion plans in the country over the next three years.

The new office, located at Emaar Square Building 404, offers a mix of contemporary and classic design and includes a hospitality and VIP concierge service.

The luxury office and ambience perfectly complement its fleet of high-end cars used for VIP customers for project site visits, it states.

On the new office, COO Nazish Khan says: “Fidu Properties is on expansion mode, which reflects our commitment to Dubai, the UAE and the region. The new office provides a more luxury feel to our VIP clients, offering them the opportunity to relax in the lounge and take informed decisions on their real estate investments rather than in open sales centres.”

For now, Khan says, Fidu is working extensively with Emaar as 90 per cent of its business has been generated through the Emirati developer.

“However, we have plans to expand with well-known and trusted developers with strong reputations and we are confident that this new space will give us the liberty to network with different developers and customers,” he adds.

The company has also expanded its presence in the international market and has conducted several international roadshows across the globe in the first half of 2019, particularly in the Middle East, Africa and Asia. “As on date, Fidu Properties is primarily working in China and Dubai. These two countries are where we focus and generate maximum of our business,” he says.