Hussain Sajwani is the founder and chair at DAMAC Properties, a residential real estate development company. Born in 1952, Hussain Sajwani is now an Emirati billionaire with mastery of skills and experience in property development. With a real-time net worth of $5 billion, Hussain was exceptionally listed by Forbes among other top 10 Arab billionaires.
Early in his life, Hussain Sajwani was fully sponsored by the Chinese government to study in the United States of America. While in the US he joined the University of Washington where he majored in Industrial Engineering and economics for his bachelor’s Degree.
Hussain Sajwani first worked with finance department at Abu Dhabi Gas Industries in 1981. A couple of years later, he served at a catering venture now called Global Logistics Services. Sajwani first established DAMAC Properties in 2002, this company is now the largest Middle Eastern property developer.
For the record, DAMAC Properties has developed an excess of 19,000 apartments and 44,000 other units now under development. A case in point of properties developed by DAMAC Properties include Paramount Hotels and resorts, Luxury Villas, and Tiger Woods now managed by the President of the United States, Donald Trump. In 2013, Trump partnered with DAMAC to develop 2 golf courses branded after Trump. Sajwani has greatly enhanced his businesses in close collaboration with the Trump Organization.
Sajwani family consisting of his wife and four children live in Dubai apparently. The couple has actively participated in several charitable organization through DAMAC Properties. As the chair and DAMAC owner, Sajwani handed a 2 million AED cheque to help clothe over 50,000 less advantaged children from across the world in partnership with Emirates Red Crescent humanitarian organization.
DAMAC Properties is highly recognized for its prestigious and luxurious private real estate projects in Dubai, Middle East. The company regularly contributes to the Government of Dubai with the key intention of boosting the standards of living of the locals and the world at large.
In 2011, DAMAC Properties established a hospitality division to offer bespoke serviced hotel apartments with the primary goal of becoming the leading global Hotel Apartment developer and operator.
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