Hussain Ali Habib Sajwani, a native of United Arab Emirates, is the founder and CEO and chairman of the Board of DAMAC Properties. He received a degree in business and specialized in Economics from the University of Washington. Sajwani joined GASCO as a Contracts Manager. He later decided to found his own business, DAMAC properties.
He founded the residential real estate company in 2002. DAMAC Properties has its headquarters is in Dubai. DAMAC started as a food catering company serving the Middle East, Northern Africa and Europe. In 1990, DAMAC Group was the primary food supplier to the U.S military. Hussain Sajwani still owns the food service firm today.
In 2002, DAMAC Group ventured into the real estate industry. Sajwani’s target market was the non-Emiratis after a law had been passed by the Dubai government allowing foreigners to possess property in the region. DAMAC Properties is one of the best luxury, residential and commercial property developers. DAMAC has constructed more than 18,500 homes 13,000 hotel rooms and 40,000 units are in progress.
Hussain Sajwani, the DAMAC Owner, has a business and friendship relationship with the U.S president, Donald Trump. The two real estate business partners are hoping to enhance their trade relationship through Donald Trump’s real estate firm. The two business icons have already collaborated in making the Trump International Golf Club a success whereby the racks have summed up about $ 2 billion in sales made and the Trump World Golf Course designed by Tiger Woods which will start working in 2018.
According to roayahnews.com, the two families spend time in New York having lunch and dinners regularly, Sajwani also attended the opening of Trump’s Washington hotel. Hussain Sajwani family attended Trump’s New Year Eve Celebration in Mar-a-Lago where Trump referred to them as the most beautiful people. Sajwani’s family is positive that in future they will continue their productive business relationship with Donald Trump.
Hussain Sajwani being a generous giver has participated in supporting different organizations. Hussain Sajwani donated AED 2 million to provide clothing to more than 50,000 children during a launch by the Ruler of Dubai. DAMAC Properties contributed AED 1 Million in the UAE compassion campaign to support refugees in Lebanon and Jordan. The DAMAC owner is passionate about providing dream homes and luxurious buildings to clients globally.