Hussain Sajwani is the owner, chairman, CEO, and the founder of the biggest luxurious private real estate company in the Middle East, DAMAC Properties Dubai CO. PJSC. Mr. Hussain Sajwani founded DAMAC Properties in 2002 having realized a niche in the Dubai’s government decree which permitted foreigners to own property within the United Arab Emirates. He started off by purchasing land in an underdeveloped part of the town, did a little construction, and in less than six months he had sold his first thirty-eight story building. Hussain Sajwani has since then carried on the construction business and developed it into, DAMAC Properties which makes him worth $3.3 billion.
Hussain Sajwani before DAMAC Properties
Hussain Sajwani, a 63-year-old husband, and father of four studied Bachelors of Arts/Science in the University of Washington. He began his business career in the food industry, serving clients such as the U.S Military during an operation Desert Storm. He had since worked with American companies on a global level in countries including Bosnia, The Gulf, and even Somalia. https://www.crunchbase.com/person/hussain-sajwani#/entity
The Rise of DAMAC Properties
Having been founded in 2002, the Dubai-based company under the leadership of its founder Mr. Hussain has contributed largely in making Dubai a worldwide tourist destination. The DAMAC Properties Company deals in engineering, architecture, construction, and real estate which it has all thrived in. Of course, Hussain Sajwani did not manage to achieve this all by himself; he teamed up with other globally thriving brands to promote his own. Companies such as Versace and Fendi have assisted in designing apartments. Sajwani has even collaborated with Donald Trump with the aim of having his International Golf Club incorporated into Mr. Hussain’s real estate business.
Hussain Sajwani’s Philanthropic Work
DAMAC Properties CEO offered a cheque of two million on a campaign to clothe a million deprived children globally. Mr. Hussain Sajwani believes, and expressed in his speech during the event that; the children are the future of the society hence it is important that they get the very best start in life by the provision of the appropriate environment.