Learn about Hussain Sajwani and DAMAC properties in 3 minutes

You do not have to be a Dubai resident to know Hussain Saijawani. He is the chairperson and founder of DAMAC Properties. An international luxury real estate developer based in Dubai. Mr. Sajwani is one of the most successful businesspersons in the region and is in the list of 100 most influential Arabs in the world. He has a proven record of accomplishment, succeeding in a variety of sectors.

 

Education

 

He graduated with a bachelor’s degree in economics from Washington University. His first job in his career was a contracts manager at GASCO, a subsidiary of ADNOC. After a short period, he started his own business, and by the year 1982, he had begun his venture.

 

Mr. Sajwani can be credited as one of the pioneers of property market extension in Dubai. In the mid-1990s, Mr. Sajwani built various hotels to accommodate the many people that were coming to Dubai to trade and do business. Later in 2002, he saw the market opportunity and started DAMAC Properties, a firm that has become one of the largest privately owned real estate companies in the Middle East. Apart from being a DAMAC owner, Sajwani is on the board of other firms.

 

Sajwani relationship with President elects Donald Trump

 

He is close friends with President elect Donald Trump. Their children and wives are friends, according to him; they have dined at each other houses a few times. Hussain Sajwani family hopes to enhance their business relationship with the Trump Organization; real estate firms owned by President elect Donald Trump.

 

The two real estate moguls who spent New Year’s Eve together worked together at the Trump International Golf Club. The luxury villas made almost $2billion in sales. However, after the concerns of conflict of interest, He promised he would not be doing deals while in office. Sajwani, however, notes that his business ties go beyond President elect Donald Trump. His children are much involved, and under their leadership, they will continue to grow and expand their trade relationship.

 

What philanthropies have Hussain Sajwani and DAMAC supported?

Sajwani and DAMAC Properties supplied the Arab Emirates $2 million for charity groups that are devoted to children. He gives these donations with the intention that more than 50,000 poor children have food, be warm despite where they live.

Visit http://hussainsajwani.com/ to learn more.