For a business leader and entrepreneur who spent much of the 1980s and beyond working in the food services and hospitality industries, the rise of Hussain Sajwani has been a rapid one with the luxury real estate developer now worth an estimated $4.1 billion. After forming his DAMAC Properties group following a decision by the government of the United Arab Emirates to allow non-citizens of the nation the chance to own property in the region; since the first purchase of land in an undeveloped region of Dubai which was targeted by the DAMAC owner towards non-Emirati individuals the group has gone from strength to strength.
After completing a range of apartment buildings aimed at luxury clients across the Dubai region, Hussain Sajwani has been looking for new an innovative ways of creating a more powerful future for the DAMAC group including new partnerships with various luxury lifestyle brands. Among the most impressive partnerships built by Sajwani has been that with U.S. President Donald Trump which the man honored by the U.S. military for his catering services during the Iraq Wars hopes to extend in the future. The two real estate moguls have combined their skills to create two golf-themed resorts on the outskirts of Dubai with courses designed by legendary golf champion Tiger Woods.
In other areas of the world, the Hussain Sajwani family and DAMAC group have been building a powerful partnership with many individual brands over recent years. One of the major markets DAMAC is hoping to break into is that of London, the U.K. capital which is one of the world’s leading global destinations; the need for brands to partner with DAMAC which attract clients in different parts of the world is important and resulted in the AYKON One Nine Elms development including a partnership with Versace Home.
This is not to say the partnership with President Donald Trump will not be explored further in the future as the former New York real estate legend turned down a $2 billion deal to extend his work with Hussain Sajwani, a deal Sajwani hopes to resurrect when the President leaves The White House.
Connect with Hussain Sajwani on LinkedIn.