Hussain Sajwani and his DAMAC Properties Changes the Real Estate Concept of the Middle East
Hussain Sajwani, the founder and Chairman of DAMAC Properties, gives a fresh look for the real estate concept of the Middle East through his development firm. He is known for providing highest-quality residential solutions that are targeting the quality-focused non-native customers of Dubai. Since Hussain Sajwani founded DAMAC Properties in 2002, it managed to exceed the expectations of the customers regarding the quality as well as on-time delivery, and this helped the developer to grow significantly in the market. As of today, his development company has delivered more than 16,800 homes, and another 44,000 units are in various stages of development.
Interestingly, the Damac owner keeps an excellent personal and business relationship with U.S. President Donald Trump. Their business relationship started in 2013 when Trump organization collaborated with DAMAC Properties to build two Trump branded golf courses in Dubai under the designing of Tiger Woods. Since this collaboration both Trump and Sajwani started maintaining an excellent personal relationship, and it is continued with Trump and Hussain Sajwani families as well. Sajwani was even invited to the New Year party 2017 of Trump, after being elected in U.S. Presidential election, and he showered praises on Hussain Sajwani family.
Though DAMAC Properties focuses its operations in Dubai, it also has developmental projects across the Middle East, including Lebanon, Saudi Arabia, Jordan, and Qatar, and the United Kingdom. Under Hussain Sajwani, the company offers acquisition, development, and management services to the real estate industry. It is one of the largest apartment and hotel room servicing firm in the Middle East with more than 13,000 hotel rooms. DAMAC Properties collaborated with many international brands including Bugatti, Fendi, Versace, and more to offer diverse real estate solutions to the customers.
Hussain Sajwani started his career with GASCO, one of the subsidiary firm of Abu Dhabi Oil Company, as a contracts manager. In 1982, he founded his own catering venture. During the early 90s, the boom in the Dubai economy prompted him to move to real estate sector, and finally, he founded DAMAC Properties. Hussain Sajwani completed his graduation from the University of Washington. He is also known for many charitable contributions, and during 2013 Ramadan, he contributed two million AED to provide clothes to more than 50,000 deprived children around the world.
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