How Hussain Sajwani Grew DAMAC Properties to Become a World Leader in the Property Development Sector

Hussain Sajwani is the founder and CEO of DAMAC Properties, a global property development firm. Hussain graduated from the University of Washington. His career began at GASCO, where he worked as a contract manager. He later started his business in the catering industry in 1982.

 

Sajwani has made his name as one of the pioneers of the Dubai real estate. Sajwani took advantage of a decision by the government of Dubai to allow foreigners to invest in the real estate industry. In the 90’s he developed hotels to accommodate the increasing expatriates in the country. In 2002, he founded DAMAC Properties, which has grown to have projects in global cities such as London, Dubai, Abu Dhabi and Doha.

 

Relationship with Trump

 

Amid speculations that President Trump will not be transacting business deals while in the Whitehouse, Hussain Sajwani is keen to extend his business ties with the president. This might happen since Hussain Sajwani family has close ties with President Trump’s family. The close friendship means that even Ivanka, Eric and Donald Jr. can handle business in the absence of their father. The duo has partnered in several property developments, with the recent one being the development of the Trump International Golf Club. The two real estate moguls are also in the process of developing another golf club, which will be launched in 2018.

 

About DAMAC Properties

 

DAMAC Properties is a real estate development company based in Dubai. The firm specializes in the development of high-end residential, commercial and leisure properties in Dubai and the Middle East. In 2011, the business decided to join the hospitality division. It launched DAMAC Maison, which offers excellent services in 7,957 hotel apartments. DAMAC laid down plans to serve an additional 2,810 hotel apartments. With this achievement, the Hussain Sajwani-led company became the largest hotel service provider and developer across the globe.

 

Hussain Sajwani in Philanthropy

 

The DAMAC owner has been involved in several philanthropic activities. Recently, he donated AED two million to a campaign aimed at clothing a million disadvantaged children across the globe. This was part of his continued support for the Ramadan initiative that was launched by His Highness Sheikh Mohammed, the prime minister of UAE and ruler of Dubai.

 

Follow Hussain Sajwani on Instagram.

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