Hussain Sajwani: Serial Entrepreneur And Philanthropist

Hussain Sajwani is an Emirati national with roots in Dubai. He is the founder and chairman of global development conglomerate, DAMAC Group. The firm operates in over 20 countries and is headquartered in Dubai, UAE. It is primarily involved in construction and architecture, engineering, and real estate.

 

Background

He attained his B.A degree in Economics from the University of Washington. Hussain Sajwani began his career as Contracts Manager in GASCO- a branch of ADNOC – Abu Dhabi National Oil Company. A short time after this, he decided to start up his food service company, which enjoyed success working with construction giant, Bechtel, as well as the U.S Military.

 

In the mid-90s, Mr. Sajwani involved himself in the expansion of the hospitality industry by building several hotels to make room for the expatriates coming into the country to conduct business and trade.

 

DAMAC Properties

After a decree by the government that allowed foreigners to own property in the country, Mr. Sajwani founded DAMAC Properties, a real estate firm that deals with the development of commercial, leisure, and residential projects in Dubai and the Middle East. It is one of the largest luxury real estate developers in the region and focuses its efforts on providing unique living concepts and dream homes to clients globally.

 

DAMAC Properties develops projects in prime locations, provides a proper working environment for its talented employees, and selects the finest partners to offer the highest possible standards. One of the largest partners they have worked with is another real estate giant, the Trump Organization Inc.

 

In the first few years of after its inception, DAMAC Properties has grown by leaps and bounds. In 2008, they won five awards at the Arabian Property Awards. By this time, they had also become the first company to have projects in most of the planned master developments by the Dubai Government.

 

Within its impressive portfolio, it boasts of over 44,000 units. This includes major projects such as the DAMAC Tower by Versace Home in Beirut, Lebanon, Akoya, Akoya Oxygen, and others with partners such as Paramount Hotels and Resorts, Fendi and Bugatti

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DAMAC Properties partnered with Donald Trump in 2013 to assist in the development of two Trump-branded golf courses in Dubai. The relationship between the two is not just purely business as the families of the two individuals know each other personally.

 

Role In The Community

Hussain Sajwani is also a philanthropist and has been actively involved with the Emirates Red Crescent in a campaign to clothe a million deprived children around the world by offering a cheque for AED two million.

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