The Advancement Seen at DAMAC Properties is a Clear Indication of Hussain Sajwani’s Ability to Grow Businesses

After graduating from the University of Washington, Hussain Sajwani joined Abu Dhabi National Oil Company. He was engaged in the firm’s subsidiary, GASCO as a chief manager of contracts.

He resigned after a short while to invest in a catering business in 1982. He later shifted his interest to real estate though he still kept his catering business, which runs to date.

Hussain Sajwani was among the first investors in Dubai property market. His first project was aimed at providing housing to foreigners who came to Dubai for business.

Hussain invested in a number of hotels in the mid-90s. His full entry to the sector came when the Dubai government endorsed property ownership by foreigners. The decree led him to open a property management and real estate developing firm, DAMAC Properties.

DAMAC Properties

DAMAC Properties is a well-recognized real estate brand in the Emirates and internationally in London and other locations. DAMAC Properties’ shares are publicly listed on the Dubai Finance Market. The company mainly focuses on developing luxury properties, and it is well-known for delivering the best in the market. In collaboration with top designers, DAMAC Properties has precedence in offering properties, with an infusion of creativity and unique concepts.

Major brands that have worked with the company include Tiger Woods, Bugatti, and Versace & Fendi. The success experienced at DAMAC Properties has manifested the expertise that Hussain Sajwani boasts. The DAMAC owner has successfully steered his company to the top, earning respect among the most influential Arabs across the globe.

Prominent Relations

Hussain Sajwani’s business prowess has over the years orchestrated business relationships with famous people who share the same interest with him. Donald Trump is one such acquaintance who joined forces with the DAMAC owner to create two golf courses.

One of them located at Akoya residential development opened its doors in February this year. The second one is set to be opened by the end of next year. Hussain Sajwani family also shares in this relationship that goes beyond business.

Philanthropy

Hussain Sajwani has previously led DAMAC Properties in investing in the communities. In a project that was launched by the Ruler of Dubai, His Highness Sheikh Mohammed Maktoum, Hussain gave AED 2 million. This project was aimed at clothing children from poor communities across the globe.

Hussain Sajwani: The King of Global Property Development

Ever since I can recall, people have been coming up with better ways of making life easier. Hussain Sajwani is no exception to this. Having been born in 1956, Hussain has turned his weaknesses in life, shortcomings that every person possesses, into strengths. To this end, he has been able to amass himself a net worth of more than three and a half billion American dollars.

His wealth has primarily come from his dealings in property market expansion, a discipline that Hussain Ali Sajwani greatly excels. Sajwani is presently one of the most renowned entrepreneurs and investor in the United Arab Emirates. For many years, Mr. Hussain has had an involvement in the construction of hotels within Dubai so as to cater for the demand that comes with global visitors.

Due to a sharp and innovative mind, the Hussain Sajwani family came up with DAMAC Properties; a company meant to tap into the building and construction industry so as to bridge the housing demand gap. For fifteen years, the Damac owner has created a brand that is the envy of many in the United Arab Emirates.

In a span of only fifteen years, the company has been able to help create more than sixteen thousand luxury homes, with forty-four thousand units being under construction.

Since Dubai is a land highly visited by wealthy people from all over the world, DAMAC Properties has resulted to constructing grand homes with properly manicured lawns for rich clients. It is Hussain’s entrepreneurship skills that have made it possible for DAMAC Properties to succeed. Learn more about DAMAC owner: https://www.linkedin.com/in/hussainsajwani

Mr. Ali also recognizes the need to help others succeed in life. To this end, he has made use of DAMAC Properties to support charity programs in the United Arab Emirates that seek to help children. Read more: DAMAC Chairman Relishes His Roots

With a donation of two million UAE dollars, Sajwani has helped more than fifty thousand children that come from poor backgrounds get a place to sleep, food, as well as warm clothes to wear. His philanthropy also extends to countries like Lebanon and Jordan. His selflessness has come about since Hussain believes in the power of sharing.