Hussain Sajwani is the founder and chairman of one of the Middle East’s largest real estate development firm, Damac Properties. Damac Properties started its operations in the year 2002, and since then has continued to expand locally as well as globally and now operates in many different countries, including Qatar, Saudi Arabia, Jordan, North Africa, Lebanon, and even the United Kingdom.
Damac Properties follows the footstep of Hussain Sajwani’s vision in the real estate space by creating high-quality, luxurious and unique residential and commercial projects, which are truly world class.
Moreover, the company is also known for its unique marketing stunts like gifting customers a brand new Bentley with every unit purchase and other lucrative deals. Damac Properties has also pioneered the unique concepts of luxury private apartments and fully services and managed hotel apartments for a dream living experience.
Hussain Sajwani is currently the third richest person in the United Arab Emirates, and his net worth stands tall at $3.7 billion, which continues to increase with every passing year. Hussain Sajwani is also actively involved in the local and international equity markets and holds a diverse equity investment portfolio.
The entrepreneurial journey of Hussain Sajwani started when he left his job as a contracts manager at oil giant Gasco and started a catering and support services company, Al Jazeira Services. Read more: The Rise and Rise of DAMAC
The company grew manifolds in just a few years and even served clients such as construction giant Bechtel and U.S. Military Service. He also has a dedicated investment company known as Dico Investments Co LLC, which handles his equity investments and other business ventures he has invested in.
Hussain Sajwani did his studies in industrial engineering and economics from the reputed University of Washington. Damac Properties is one of the largest real estate development firms, not only in the United Arab Emirates but across the globe.
The company has a total workforce of over 2,000 employees and since its inception till now has delivered close to 18,000 homes. Hussain Sajwani is also a friend of the U.S. President Donald Trump from before he became president and their respective real estate firms have collaborated on a few real estate development projects earlier.
Currently, Trump’s company is working with Damac Properties to develop one of its kind golf courses in Dubai.
Learn more about Hussain Sajwani Family: http://www.independent.co.uk/news/people/donald-trump-new-years-eve-speech-president-elect-dubai-business-partner-hussain-sajwani-mar-a-lago-a7507551.html