Having the vision to be a real estate magnate in commercial or residential, we have before eyes to very Hussain Sajwani. Just what has made him an object of appreciation in the commercial real estate arena? What are some of the most notable achievements Mr. Hussain Sajwani has Fostered? Let’s take a brief look into some interesting details of such a phenomenal figure today.
While Mr. Hussain Sajwani is focused primarily in real estate, he also has some rather advantageous connections the world over. For one, United States President Donald Trump is often associated with the billionaire in so much that upon the historic election of Mr. Trump, DAMAC, the company of which Hussain Sajwani oversees, share price rose tremendously. With such an increasing share price, Mr. Hussain Sajwani’s net worth skyrocketed to 4 billion dollars. He’s always been a man of vision, he understands innovating and adopting and the most beneficial ways possible for him and his company that he leads today.
As being a man that often hits the target, Hussain Sajwani has some rather stark differences between him and his competitors the world over. He has the ability to see global trends in the marketplace and with such global vision, Hussain Sajwani knows how to adapt and adjust on the fly. Nothing short of excellent ideas or qualities that entrepreneurs and those who seek success partake of. With the often-discussed Arab Spring post-2011, Hussain Sajwani noticed there was a large array of people in coming. This is what led Hussain and DAMAC to create DAMAC Hills and Akoya oxygen. Because Hussain & Company was able to recognize the need for adjustments, this is just another fine example of going to the next level.
In conclusion, with a very astute background in finance and real estate, the DAMAC owner has become a spearhead of real estate magnificence. Although there are many more projects to be completed under the direction of Hussain Sajwani, Akoya oxygen, and DMAC Hills are just two monumental achievements that the world is able to look upon and behold the excellence of Hussain Sajwani.
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Hussain Sajwani is the chairman of DAMAC Properties a leading brand in the market. Sajwani began his career in 1981 at Abu Dhabi Gas Industries working in the finance department.
As a pioneer of the property market, Hussain Sajwani came up with the idea of having a hotel business in 1992 to accommodate the growing number of people who thronged the Emirates to do business. In 2002, he founded DAMAC Properties to embrace the existing market opportunity of properties and has been influential in the growth of the company. In 2017, Hussain Sajwani got listed by Gulf Business in the list of 100 most influential Arabs pinning him as an outstanding businessman. Hussain Sajwani has close ties to President Trump with whom he has procured various business deals under Trump’s real estate firm, Trump Organization. The two real estate titans are close friends who spend time together even when they are not signing business deals.
DAMAC properties has its headquarters in Dubai, United Arab Emirates. The company deals with real estate management and development in the Middle East as well as Dubai. DAMAC properties which got publicly listed in 2015, trades its shares in the Dubai Financial Market. The company has employed close to 2000 talented men and women to assist in realizing its goals. DAMAC Properties has a good track record when it comes to developing luxury property and has developed close to 20,230 homes and over 44,000 units in different planning stages.
The global property development firm has partnered with some of the leading fashion and lifestyle brands to come up with unique and exciting concepts. Luxury apartments have had their interiors done by Versace and Fendi which are Italian fashion houses. Some luxury villas have been styled by Bugatti and Paramount Hotels and Resorts received unique conceptualization. In 2011 DAMAC Properties established ‘DAMAC Maison’, a hospitality division that offered service to 12,000 hotel apartment. The move saw it position itself as one of the largest developers in the Middle East on hotel apartment operations. DAMAC Properties has the ability to develop projects in outstanding locations, offer good working conditions to its employees and partner with the most talented partners in the industry.
Hussain Sajwani, the DAMAC owner, is a remarkable leader who gives back to the society through a range or projects geared towards improving the lives of his people. He has partnered with Emirates Red Crescent to provide clothing to 50,000 children from needy families.
Additional info: https://www.damacproperties.com/en/investor-relations/corporate-governance/meet-our-board
Hussain Sajwani is the DAMAC owner, Chairman and founder. DAMAC Properties is a Dubai based developer of luxury real estate properties for the commercial, private and leisure sectors. Hussain received his degree in economics from the University of Washington and immediately embarked on an entrepreneurial career that first saw him working in the oil industry with GASCO, a subsidiary company of Abu Dhabi National Oil. Before he became the DAMAC owner Hussain also started his own catering business in 1982. The business started out as a modest enterprise at first but has grown today to become a market leader in the Middle East and serves over 150,000 meals per day in the Middle East, North Africa and The CIS. Hussain’s catering business serves at construction campsites, army camps, five-star hotels and educational institutions and also has a speciality in providing services such as camp maintenance, human resource supply and management.
Hussain Sajwani was one of the major pioneers of property development in the UAE and this eventually led him to become the DAMAC owner. He built numerous hotels designed to accommodate the large number of people coming to Dubai to do business and trade. In 2002 Hussain realized the huge market prospect available and established DAMAC Properties. The company has quickly grown to become one of the biggest developers in the Middle East due to Hussain’s expertise in the area of property development, marketing, finance, sales and legal matters.
DAMAC Properties specializes in the development of leisure, private and commercial real estate and has a Market Capital valued at $4.7 billion. The company has a roster of over 2,000 employees and is the first real estate firm from the Middle East to be listed on the London Stock Exchange as well as being publicly listed in Dubai’s financial market. The company keeps its headquarters in Dubai and continues Hussain’s passionate tradition of putting design and quality first. The company has built a sterling reputation for creating some of the most iconic structures in the Middle East in countries such as the United Arab Emirates, Saudi Arabia, Oman, Lebanon, Joran and Qatar.