Hussain Sajwani is the renowned founder, Chairman, and acclaimed owner of DAMAC Properties, a leading property development company in Dubai. He pioneered in the property market expansion in the mid-90 where he built many hotels to host the visitors who came to the Emirates for trade and business.
Hussain established his company, in 2002, when he recognized a market opportunity to develop and grow the prestigious property development market. Before establishing DAMAC Properties, Hussain was in the food business, in 1982, where he supplied food to the US army. Prior to that, he worked at GASCO, Abu Dhabi National Oil Company’s subsidiary, as a Contracts Manager. Currently, Hussain has investment portfolios of securities in both the international and regional markets, for example, DICO Investment Co LLC.
An Overview of DAMAC Property
Hussain Sajwani founded the leading DAMAC Properties to offer residential, commercial, and leisure properties as well as real estate in the Middle East and Dubai. The company currently offers employment to around 2000 workers. DAMAC Properties also has a remarkable track record, for instance, it has used a development portfolio of more than 44,000 units to deliver more than 16,800 homes.
Hussain, the DAMAC owner, has outstanding skills in property development such as finance, marketing, legal, sales, and administration have greatly contributed to the success of DAMAC Properties. Moreover, the company has numerous projects in Doha, Dubai, London, Beirut, and Abu Dhabi. DAMAC Properties inaugurated DAMAC Maison, a hospitality division, in October 2011, to provide services to tenants in over 12,000 hotel apartments. Hussain’s leadership has helped the company to maintain growth and continuity.
Hussain Sajwani’s Association with Donald Trump
Hussain collaborated with Donald Trump, the President of US, to establish two golf courses, including the Trump World Golf Course and the Trump International Golf Course. The latter was opened at the Akoya residential development of DAMAC Properties in February 2017. On the other hand, the former will be opened at the end of 2018 at a different DAMAC development. The two business partners also have close family ties. During a celebration of the New Year’s Eve, Donald Trump praised Hussain Sajwani family for being amazing people.
The Generosity of Hussain Sajwani
Hussain Sajwani issued a check of AED two million to a Ramadan initiative for clothing a million needy children all over the world. He acknowledged that it was important to provide the young children with the right environment. Moreover, his contribution was part of DAMAC Properties’ continual support to improve the people’ standards of living globally.
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