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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For a business to succeed, the proprietor must have a keen eye to entrepreneurial details. This is because through the details, there come entrepreneurial strategies that can be implemented for success. Some of these details are product position and business networks. When a business professional exploits entrepreneurial networks in addition to product high product position, there are better and high chances of the business succeeding. Such is the story of Hussain Sajwani, Damac owner.
Hussain Sajwani is the proprietor of Damac Properties, a company that prides itself on being a leading service provider for commercial as well as residential property. He has an employee base of more than 2000 professionals with the qualifications of providing excellent services for the people of Dubai. The business is established in the United Arab Emirates and even before its completion, clients were flocking in to purchase property. Hussain Sajwani is keen to details. He also utilizes available entrepreneurial networks to succeed in business. This can be explained by his golf course project in which Tiger Woods was in charge of branding. The project is a Donald Trump branded golf course which has earned him praise from the current president of the United States.
Established in 2002, DamacGroup keeps rising in stature. This is a leading luxurious property developer. The company capitalizes in glitzy commercial as well as residential property. As a mark of achievement and focus on growth, DamacGroup under Hussain Sajwani family has been listed in the London Stock Exchange. Hussain Sajwani is driven towards success. He is determined to make Damac an international property developer. He is also keen on using the company’s subsidiaries to expand the business by extending its services to other countries. By establishing new markets across the world, Damac will not only be selling its services to foreign clients but also amassing large profits from the services.
Sajwani’s interaction with high profile individuals has contributed to his successful charity donations. His participation in charity began when he was the owner of a company that offered food catering services. Hussain Sajwani uses his companies to assist the less fortunate in the society.
To learn more, visit http://www.hussainsajwani.com/.