The Hussain Sajwani family are a Dubai based developer. He is the founder and owner of DAMAC properties a public company he founded in 2002. It is involved in a range of businesses such as engineering, construction, architecture and real estate. Throughout its existence, the company boasts of numerous developments in creating Middle East’s most impeccable residential, leisure and commercial properties. Recently, the company has included food business in its operations probably to pursue his initial catering idea and build a business fortune out of it. His business model is propelled by his three main ideologies. Firstly, there should be no debt for land. Second financial independence and third every business venture should be self-sustaining and should not depend on cash support from other accounts.
The 64-year-old University of Washington graduate and DAMAC owner has come a long way his current position. He began as a contracts manager in GASCO a subsidiary company of Abu Dhabi national oil company. In the 1980’s he quit this position and ventured into catering business where he offered catering services to workers in the energy sector in Abu Dhabi. He used his aggressive marketing skills and founded this giant global property development company. He is known for his new and exciting concepts in developing high-class commercial, leisure and commercial properties that are well designed and dominate the market as serious lifestyle brands.
His wisdom in choosing business partners can’t escape notice. He cultivates friendship in high places locally and internationally. The Dubai, billionaire hopes to do more business deals with the Trump Organization a real estate firm owned by American President Donald Trump. This comes after the two tycoons successfully partnered in constructing the Trump international golf club that has registered significant sales despite the high cost. The two are mindful of their business empires, family and Trump’s role as president of America. Their deals are professional and conform to all local and international regulations. Besides, they do not stem solely from the business but from time tested friendship between their families. All their business deals are aimed at growing further their businesses and friendships as witnessed when the families celebrated New Years eve together.