Hussain Sajwani has built a reputation as a suave businessman with an eye for establishing and maintaining business and social connections. The Emirati billionaire’s business acumen has seen him develop a multi-billion business empire, DAMAC Properties.
The DAMAC owner founded the company in 2002. In its first year, the company developed properties in Abu Dhabi which were quickly sold out even before completion.
Buoyed by his initial success, Hussain Sajwani expanded the company’s operations to other cities before finally breaking into the international properties market. DAMAC Properties is currently one of the leading real estate companies in the larger Middle East area with thousands of commercial and residential units to its name.
The DAMAC owner has spearheaded the company’s growth and development which has seen the company list its shares in the Dubai Financial Market. Additionally, under Hussain Sajwani’s leadership, the company has already put in place plans to list its shares in London’s stock exchange market.
DAMAC has also developed a strong presence in London and other cities across the Middle East including Jeddah, Beirut, and Riyadh among others where it boasts of bespoke properties.
Hussain Sajwani, DAMAC Properties’ chairman and chief executive officer, has built a remarkable network of business associates including President Donald J. Trump. Sajwani’s relationship with the U.S. president saw him build two Trump-branded golf courses in Dubai.
Tiger Woods, the legendary golfer, was brought on board to design one of the golf courses. Mr. Sajwani’s visionary leadership and a keen interest in developing glitzy and glamorous properties saw him earn glowing praise the U.S. president. Hussain Sajwani also has business associations with luxury brands such as Paramount Pictures, The Trump Organization, Bugatti, and Versace.
Hussain Sajwani is a vastly experienced real estate developer with solid academic qualification, experience, and industry know-how. Before establishing DAMAC Properties, Hussain Sajwani worked at Abu Dhabi National Oil Company’s subsidiary GASCO after graduating from the University of Washington.
His stint as a contracts manager at the company equipped with experience to venture into entrepreneurship in 1982. He started off with investment in the catering industry before joining his family’s real estate property business.