Hussain Sajwani is the founder and a chairman for a global property development company by the name of DAMAC Properties. DAMAC Properties is one of the most successful of the Middle East’s luxury real estate market. The company was established in 2002 by Hussain Sajwani, and has been providing commercial, luxury residential, and leisure properties all across the region. They have properties in Saudi Arabia, Jordan, the United Kingdom, UAE, Qatar, and Lebanon. DAMAC has provided more than 20,880 homes and has a portfolio with more than 44,000 units. In 2017, the company was named number one on the Forbes Global 2000 list.
Hussain Sajwani’s expertise of property development, sales, finance, marketing, and legal is one of the main reasons DAMAC has had so much success. Before the DAMAC owner‘s big success in property development, Sajwani graduated from the University of Washington, where he majored in Industrial Engineering and Economics. Sajwani started his catering project in 1982, which, in turn, grew from there. In the mid-90s he had several hotels built to be able to hold the growing number of people that were coming to the emirate to do trade and business.
In 2002, Hussain Sajwani (@hussainsajwani) was then able to establish DAMAC properties as one of the largest property development countries in the area. He has invested $600 million in London, UK through Aykon London One Tower in London, UK. The DAMAC owner has been listed as one of the 100 most influential people across the globe in 2017 by Gulf Business. Hussain has also served on several boards, which include JUNO Online in New York, the Majan University College in Muscat Oman, and Emirates Takaful Company which is located in Abu Dhabi.
Hussain Sajwani is also married and has four children. The DAMAC owner currently resides in Dubai. His son, Ali Sajwani, became a graduate from North Eastern University, where he majored in Economics. He is now the general manager of operations at his father’s company, the DAMAC Group.
LinkedIn Profile: ae.linkedin.com/in/hussainsajwani