Hussain Sajwani: The Skilled Real Estate Developer

Hussain Sajwani, a United Arab Emirates nationalist, is the founder, chairman, and CEO of DAMAC properties, a global property development company. Upon graduating from the University of Washington, he was hired as a contracts manager in GASCO, Abu Dhabi National Oil Company’s subsidiary. He later established a catering venture business, his very first, in 1982. In 1991, this company supplied catering services to the United States Army during the first Iraq war. It also rendered services to the energy sector workers in Abu Dhabi.

Being among the Dubai-based property market expansion pioneers, Hussain Sajwani built several hotels in the 1990s to accommodate the growing number of business people and traders who visited the Emirates. This later saw him establish DAMAC properties in 2002. This company that develops residential, commercial and leisure parks in Dubai and the Middle East is headquartered in Dubai, United Arab Emirates. DAMAC has since grown to be among the largest property developers in the Middle East.

Hussain Sajwan, the DAMAC Owner, has excellent expertise in property development field. This includes having top marketing gimmicks, and understanding of sales, financial, legal, and administrative matters. These key drivers have seen DAMAC, under the leadership of Hussain Sajwan, rise to the top ahead of other businesses in the same niche. At the moment, DAMAC possesses many prestigious projects in prominent global cities such as Dubai, Doha, Abu Dhabi, Amman, Jeddah, London, Beirut, and Riyadh. DAMAC is a public-listed company, having its shares traded on the Dubai financial market. Through the leadership of Sajwan, DAMAC has delivered over 20,230 homes to date.

Hussain Sajwani (@hussainsajwani) has impeccable records in equity and capital markets globally. His flagship investment company, DICO Co LLC, is focused on private equities investment, acquisitions, and mergers. It also emerges that Sajwan enjoys a good relationship with Trump, his fellow real estate titan whom they teamed up with, in 2013, in a bid to develop Trump-branded International golf courses in Dubai development.

As a philanthropist, Sajwani handed a cheque for AED two million to Sheikh Mohamed in a campaign to clothe one million deprived children.

Helpful article: https://www.bloomberg.com/news/articles/2018-01-17/damac-chief-says-ready-to-sell-15-of-his-stake-at-right-price