A Review Of UAE’s Leading Real Estate Developer, Hussain Sajwani

Hussain Sajwani is a United Arab Emirates billionaire and businessman. He is the founder of DAMAC Properties, a real estate residential developer. Sajwani founded the firm in 2002. He capitalized on the Dubai government’s ruling, which allowed nonnatives to own property in the Emirate. Hussain Sajwani bought land in the undeveloped parts of the city. He managed to sell his first residential building, a 38-story property, six months prior to starting construction. Since then, Sajwani has put Dubai on the world map by constructing different properties.

DAMAC Properties partnered with Trump to build two golf courses in Dubai. Their partnership started before Trump became president. The two exceptional businessmen have developed a relationship that goes beyond business. The first Trump branded golf course, the Trump International Golf Course, opened in February 2017. The second development, Trump World Golf Course, designed by Tiger Woods is expected to be opened in 2018. After he was elected as the President of the United States, Trump praised Hussain Sajwani saying that he was an amazing man.

Hussain Sajwani started his career by working in the food industry. Owing to extensive experience in the construction industry, Hussain has worked with different companies, including Bechtel, a construction giant and the U.S. military. Hussain Sajwani has stakes in the food service industry. DAMAC Properties has continued to provide people with affordable properties. Presently, DAMAC Properties is considering undertaking an initial public offering (IPO). One of the potential venues for the IPO is the London Stock Exchange.

Hussain Sajwani is a strong supporter of philanthropic activities. Recently, he gave a cheque of AED two million in support of a Ramadhan campaign. The initiative sought to provide millions of underprivileged children with clothing. His highness Sheikh Mohammed bin Rashi Al Maktoum played an instrumental role in ensuring success of the program. His Highness is the vice president, prime minister, and ruler of Dubai. The proprietor of DAMAC Properties made the donation as part of his firm’s continued support of the government’s efforts to enhance the standard of living worldwide. Hussain Sajwani noted that the young people are the leaders of tomorrow. To this end, Hussain posits that they should be offered with a favorable environment to grow and learn. This way, the children will have a better start in life. https://www.bloomberg.com/profiles/people/15249401-hussain-ali-habib-sajwani

 

 

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