How Hussain Sajwani Built A Highly Successful Real Estate Development Firm

Hussain Sajwani is a multi-faceted businessman who has found success in a number of industries such as investing, real estate, food catering, and hospitality. He was born in Dubai and earned his college education in the United States at the University of Washington. When he returned to Dubai he briefly worked for a state-owned oil producer before following in his father’s footsteps and launching his own company.

The first company Hussain Sajwani launched was the food catering business. Over time he was serving food to army camps, hospitals, and the like throughout that region of the world. Over time he noticed a lot more foreigners coming to Dubai to do business but not enough hotels to hold them all. He had built a number of hotels that have since been very successful.

It is in real estate, though, that Hussain Sajwani has built up most of his $4.1 billion in assets. In 2002 he founded DAMAC Properties Dubai Co. PJSC. Serving as its chairman and CEO he has led a highly successful luxury property developer that has built nearly 17,000 residences in and around Dubai. He markets these primarily to wealthy foreigners since it was just in 2002 that they could buy property in the United Arab Emirate. DAMAC Properties has since teamed up with other luxury brands that help to design and furnish these homes with their own creative touches.

Starting a number of years ago Hussain Sajwani and DAMAC Properties also started a business relationship with Donald Trump. This partnership has resulted in two real estate development projects, one completed and one underway. At these developments, DAMAC Properties handles building and selling the properties while the Donald Trump Organization has agreed to manage the golf courses that are part of them.

In the last several years Hussain Sajwani has expanded the DAMAC brand into other areas as well. He launched an investment company, for instance, where he invests in companies that he sees as promising. He also launched DAMAC Maison which provides personalized services to the residents of apartments and condos throughout Dubai and the rest of the region.

 

To learn more, visit http://www.hussainsajwani.com/.

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