Meet HussainSajwani, the Philaphithophic DAMAC Owner

Hussain Sajwani (@hussainsajwani) is a renowned and self-made billionaire. He was born in 1952 in Sharjah, the United Arab Emirates in a humble family. Hussain Sajwani went ahead to obtain a government scholarship in the United States of America, where he obtained a bachelor’s degree in economics and industrial engineering from the prestigious Washington University. Upon completion of his studies, he started his career at the Abu Dhabi National Oil Company as a contracts manager.

Being a man of great vision, CEO Hussain Sajwani was not satisfied with employment. In 1982, he started his own business, venturing into the catering industry. From a simple beginning, the catering company experienced massive growth in terms of operations and revenue. The company rapidly became a trendsetter in the market, managing hundreds of projects and offering meals to approximately 200,000 markets all over the world. The company also offers ancillary services like providing camp maintenance, management, and supply of the human resource.

With growing demand for property in Dubai in the 90s, DAMAC Owner Hussain Sajwani saw a niche in the property market and established DAMAC properties. Today, the company has expanded to be among the market leaders in the properties development field in the Middle East and beyond. With Sajwani’s vast expertise in property development aspects like administration, legal, sales, finance, and marketing DAMAC properties has established outstanding projects in major cities, chief among them, London, Doha, Amman, Muscat, Dubai, and Abu Dhabi. DAMAC Properties has done over 8,890 units and is currently doing 19,136 units which are near completion.

DAMAC properties’ impressive performance has attracted major market leaders in fashion and lifestyle brands to bring a new concept into the market. The most recent partnership is the Tiger Woods-designed golf course project, which is managed by the Trump organization. Others include Fendi Casa and Just Cavalli, in a project to develop luxury apartments with interiors by Italian fashion-houses Versace Home.

HussainSajwani, as the chairman of DAMAC properties, has committed to giving back to the society through cooperate social responsibility. Recently, he donated over AED two million during the Ramadhan to help the needy. The initiative was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

Hussain Sajwani Seeks To Extend Trump Association

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.