Hussain Sajwani, The Talented DAMAC Owner

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Posted by omeditors | Posted in Business, Business Leader | Posted on 02-11-2018

Hussain Sajwani is the chairman of DAMAC Properties, a global property development company. Mr. Sajwani is a graduate of the University of Washington. Before gaining his position in DAMAC, Hussain Sajwani worked as a Contracts Manager for GASCO, where he gained substantial experience in managing contracts. It is this experience that would later see him run his own company, with a great measure of success. After two years in employment, the DAMC owner established his company, focusing on catering in 1982.

In the mid-90’s, the influx of people into Dubai was increasing rapidly. Hussain Sajwani participated in the expansion of properties by building hotels. In 2002, he identified an opportunity in lavish property development and established DAMAC properties in 2002. The company is now one of the largest property development companies in the Middle East and is listed in The Dubai Financial Market. The success of the company has made the DAMAC owner one of the most respected personalities in the property business arena.

The DAMAC owner is known for its excellence in the luxury property market. To date, DAMAC has handed over a record 16,800 complete homes and, has more than 44,000 units at various stages of planning and construction. DAMAC Properties has partnered with powerful and recognizable brands to stay ahead. Projects such as the Tiger Woods-designed, Trump International Golf Club, racked up sales up to $2 billion.

Hussain Sajwani has also collaborated with famous fashion houses such as Versace and Fendi, luxury vehicles like Bugatti. DAMAC also delivered the Paramount Hotels and Resorts to provide excellent services to the affluent. In October 2011, DAMAC launched a hospitality division, that provides services to serviced rooms in elegant hotels. DAMAC Maison will cater to more than 2,810 serviced hotel apartments and will place the company as one of the largest Hotel Operators and developers in the world.

The DAMAC owner gives back to society through various philanthropic efforts. Hussain Sajwani handed over an AED 2 million to fund an initiative to clothe over a million needy children. The project was launched by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, The Prime Minister and Vice- President of the UAE and leader of Dubai. The clothing campaign was launched in collaboration with Emirates Red Crescent; a humanitarian organization started in 1983.

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