Community | Investment Advice

Hussain Sajwani’s Business Progress

May 2, 2018

Hussain Sajwani, DAMAC owner, is the chairman of DAMAC Properties, a real estate development company based in Dubai. The company was founded in 2002. Hussain began in catering and food services business in the United States military and construction giant, Bechtel. He later moved to the real estate in 2001 after freedom was offered to foreigners to own and sell the property. In 2013, Hussain Sajwani collaborated with President Donald Trump in developing two golf courses in Dubai developments that were branded after Trump. Hussain Sajwani is a well-known entrepreneur for his active marketing strengths. He sometimes gives Lamborghinis freely to apartment buyers. Hussain has some co-branded deals with Bugatti and Versace. He is currently aged 65 years and he resides in Dubai, United Arab Emirates. Hussain appears on the Forbes list at position 527 among the billionaires in the world. He went to the University of Washington where he did his Bachelor of Arts/ Science.

 

DAMAC Properties was established in the years 2002 as a commercial developer, private residential, and leisure developer in Dubai, Middle East. The company has progressively expanded in other parts of the country in North Africa, Lebanon, Saudi Arabia, Qatar, and Jordan. The major expertise in their dealings entails management of projects in the acquisition of land, appointing architects & designers, construction & selling services as well as after sale services.

 

Hussain Sajwani is also a philanthropist as he handed over a cheque for AED 2 million in the campaign for clothing millions of children in the world. He made this contribution and the company would participate in supporting the governments in Dubai to improve the living standards of the people around the world. This donation was meant to provide clothing and warmth materials to more than 50,000 children from needy families and communities. Hussain commented that the young people are the society’s future and it is important to make right provisions for a perfect life that will influence their productivity in future. In a new deal, Hussain and Trump are hoping to build a strong relationship with each other in line with real estate investing. The two are great friends and their families are actively involved in enhancing their business relationship. Trump’s children are ready to take up more deals with Hussain Sajwani.