The 63 years old United Arabs Emirate citizen, Hussain Sajwani is a successful entrepreneur who has accumulated $3.6 billion from real estate and self-made. Sajwani started his career in food service industry. He attracted US military and construction giant Bechtel. Sajwani still owns his food service firm.
Sajwani founded DAMAC Properties in 2002 by taking advantage of Dubai government allowing foreigners to own property in Emirates. He purchased land an undeveloped area where he later managed to sell his first 38 stories residential building in a period of fewer than six months. DAMAC group is a multi-billion corporation that operates in over 20 countries with its headquarters in Dubai. DAMAC Properties Co develops leisure, commercial and residential properties in Dubai. The company also invests in real estate projects. The success of DAMAC group is attributed from the expertise of Sajwani in property development, sales, finance and legal sectors.
DAMAC Properties employ over 2000 employees. The company is a publicly listed corporation that is traded in Dubai finance market. By partnering with the most recognized brands in lifestyle and fashion, has brought exciting living concepts in the market. DAMAC projects include Ta golf course designed by Tiger wood and managed by The Trump Organization. Unique Paramount hotels and luxury villas styled by Bugatti. It has also developed the Italian Fashion houses. Positioning the company among the largest Hotel apartment operators, DAMAC Maison provided bespoke services to residents in approximately 12000 hotel apartments.
DAMAC partnered with Donald Trump in 2013 to develop two Trump branded golf course. The luxury villas have made almost $2 billion in sales. Sajwani and Trump have been seen to maintain their business relationship, and friendship has also developed. The two real estate giants celebrated the New Year’s Eve together. Sajwani visited New York, and he said that the election of President Trump would strengthen the brand which will benefit it. Sajwani wishes to enhance the deeper relationship with the Trump organization to further his business.
DAMAC group headed by Sajwani contributed two million to AED campaign. The contribution was to support the government in their effort to clothe a million children around the world. The campaign was intended to improve the standard of living in the world.