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Hussain Sajwani Setting Trend in the Property Market

Hussain Sajwani is a notable personality in real estate business who boasts an impressive performance in establishing internationally recognized companies that are spread across different sectors. Mr. Sajwani is the founder and chairman of DAMAC Properties. Based in the United Arab Emirates, DAMAC is a global company in the property development space. The company has managed to build some of the most magnificent properties in UAE and beyond. Initially, Mr. Sajwani founded the firm as Draieh Management Services Co (DAMAC) LLC; afterwards, it transitioned to acquire its current status.

 

The Damac owner graduated from the University of Washington and launched his career as a contracts manager at GASCO. After, having a short stint in the firm, Hussain Sajwani plunged into private business. He set off his entrepreneurial journey in 1982 with catering business. The United States Army and some giant corporations including Bechtel, are among the inaugural clients of Mr. Sajwani’s food business. Over the years, the food business has grown to become one of the top provider of catering services to a wide base of clients that include five-star hotels, construction sites, educational institutions, army camps among others. Today, the business operates as a unit of DAMAC group.

 

Hussain Sajwani is credited for being one of the first developers who took keen interest in expanding the property market in Dubai. Early 1990, he built mid-market hotels with an objective of catering for the needs large numbers of business people who frequented the emirates. In 2002, Sajwani saw a huge gap in the property market, which prompted his to found DAMAC properties. Since coming to existence, the company has commanded respect in the property market. Donald Trump, the current US president and a property mogul is one of the clients of DAMAC properties. Trump contracted the firm to develop The Trump International golf course Dubai and The Trump World Golf course. Apart from the business relationship, Trump has close ties with Hussain Sajwani family.

 

Hussain Sajwani is a generous giver of his business fortunes. He participates in many charity activities. Notably, in 2013, he donated AED 2 million towards dressing of over 50,000 needy kids.

 

 

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