“Very, Very, Very Amazing Man.” These were words uttered by the President of United States of America in reference to Mr. Hussain Sajwani, Chairman, CEO and Founder of DAMAC Properties. The same sentiment would be echoed by anyone who came into contact with the main guy. He is as aggressive a businessman as he is a philanthropist. Read more: Meet Our Board | DAMAC Properties
Shrewd Business Mind
With a Bachelor of Arts in Economics from the University of Washington, Hussain Sajwani has indeed surpassed all people’s expectations. In 1982, Hussain started a catering outfit and enjoyed working with the U.S armed forces and Bechtel.
In the mid-nineties, he built a few hotels to accommodate a growing number of foreigners visiting on business and leisure. After a government decree to allow foreigners to own property, Hussain Sajwani saw an opportunity to do something big. Equipped with extensive knowledge of the real estate industry, Hussain Sajwani started DAMAC Properties in 2002.
Such a remarkable entrepreneur he is, that he sold his first 38 stories residential complex within six months, and get this, before construction commenced. Today, DAMAC Properties operates in over 20 countries, employs over 2000 people and boasts 44,000 units in various stages of completion and delivery. Hussain Sajwani has worked with Donald Trump since 2013.
The two real estate magnates have partnered in two luxury projects, one of them being the Trump International Golf Club. DAMAC Properties is known for its expertise in leisure. The company has worked with some of the most renowned fashion and lifestyle brands like Fendi, Versace, and others. In 2008, DAMAC Properties deservedly won five awards at the Arabian Property Awards.
Sajwani’s Notable Good Deeds
Hussain Sajwani donated AED 2Million to the Emirates Red Crescent. The money went towards clothing over 50,000 needy children. Mr. Sajwani believes in the worth of children and supports many worthy causes by the Emir of UAE. Learn more about DAMAC owner: http://www.independent.co.uk/news/people/donald-trump-new-years-eve-speech-president-elect-dubai-business-partner-hussain-sajwani-mar-a-lago-a7507551.html
Yemeni refugees also benefited from $272,000 donated to Yemen We Care for Health Care, relief, and education. DAMAC Properties has also been working with Kingston University London to foster the talent of future entrepreneurs and construction professionals. Recently, the company organized a field trip for the University’s master’s program scholars to their project site.