Hussain Sajwani, a UAE national is the founder of DAMAC Properties and also the Chairman of the Board of Directors of the company. DAMAC Properties is a property development company that has its headquarters in Dubai in the United Arab Emirates. The company has two subsidiary companies including the DAMAC Maison and the DAMAC Star Properties LLC among others. The property development company has employed over 2000 employees.
Husain Sajwani founded the company in 2002. This is after the UAE government allowed foreigners to work and own property in the country and therefore increasing demand for new luxurious apartments. Hussain is a graduate. He holds a bachelor’s degree in Industrial Engineering and another one in Economics from the University of Washington. After his graduation in the United States, he moved back to his country and was employed at GASCO where he served as the Contracts Manager. He left GASCO and later on founded the DAMAC Group which was initially as a catering business. Learn more: https://www.crunchbase.com/person/hussain-sajwani#/entity
Since his venture into the real estate industry in 2002, Hussain Sajwani family DAMAC Properties has successfully completed projects on 19,855 homes and the figure is still growing. The company is currently among the leading developers of luxurious buildings in the whole of Middle East. The entrepreneur has a close relationship with the President of the United States Donald Trump. Their families share businesses as well as close ties. Donald Trump and Hussain Sajwani came together in 2013 to invest in the development of two golf courses that have both been branded with President Trump’s name. The first golf course is referred to as the Trump International Golf Course Dubai and is located at the Akoya residential development owned by Mr. Sajwani. The other golf course is called the Trump World Golf Course that is also in Mr. Sajwani’s property and is set to be opened in 2018.
The multibillionaire DAMAC owner is generous. He has taken part in numerous philanthropic activities in his country. He has donated money to charities helping the needy in the society. He contributed in clothing over 50,000 children in the United Arab Emirates. Hussain Sajwani lives with his family in Dubai.
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