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Meet Hussain Sajwani, the Owner and Chairman of DAMAC Properties

Hussain Sajwani is the chairman and owner of DAMC Properties, a Dubai-based real estate development company. Sajwani rose to fame in the business world for his pioneering role in the property development industry. Following the increase in the number of visitors coming to Dubai for business and tourism, Hussain Sajwani identified a severe gap in the property market. He took advantage of this gap and established DAMC Properties in 2002.

Since its establishment, DAMC Properties has experienced tremendous growth and development. The growth is a result of Sajwani’s superior business skills, especially in finance and marketing. Hussain Sajwani has specialized in the development of top-of-the-range properties, which he has marketed aggressively. Additionally, he came up with an off-plan sales model as a critical driver of the company’s sales. DAMAC Properties is currently one of the largest employers with more than 2,000 workers across the world. Its record in the development of luxury property is one of the best globally, with a total delivery of more than 24,000 units. The company has an additional 40,000 units under construction. DAMAC Properties is also a publicly listed company, with its shares trading on the Dubai Financial Market.

Owing to the great success of DAMC Properties, Hussain Sajwani has entered into lucrative partnerships with renowned global enterprises. One such collaboration is the development of a Tiger Woods-designed golf course in Dubai. The trump foundation manages the project. The Trump International Golf Club Dubai is an ultra-modern luxury facility that surpasses the human imagination. The facility measures 7,205-yard, par-71, and is located close to Sheikh Zayed Road. Additionally, the facility sits at the core of a 42-million square foot DAMAC Hills master development.

Apart from his business partnership with the Trump Foundation, Hussain Sajwani is also a close friend of Donald Trump’s family. Immediately after Donald Trump was elected as the US president, he invited his friends to his Florida hotel on the eve of the New Year. One of the guests was Hussain Sajwani and his family. Addressing the gathering, President Donald Trump thanked Hussain Sajwani and his family for their cordial relationship in business and as a family.

Read more: https://www.arabianbusiness.com/travel-hospitality/405451-damacs-aykon-hotels-to-boast-roberto-cavalli-interiors

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