Hussain Sajwani is the name to reckon with in the field of real estate development in the United Arab Emirates. He is one of the most successful businessmen and the chairman and founder of Damac Properties, a company that played a crucial role in the real estate and infrastructure development of Dubai and other parts of UAE.
Hussain Sajwani is a graduate of the University of Washington and graduated with bachelor’s degree in industrial engineering and economics. Over the years, Damac Properties has constructed some of the most famous landmark buildings in UAE and the other main cities in the Middle East, the UK and parts of Europe and Asia, such as in London, Beirut, Jeddah, Oman, Doha, Abu Dhabi, South Africa, and more. Learn more about Hussain Sajwani Family: http://hussainsajwani.com/ and http://blog.raynatours.com/top-10-richest-men-uae/
Damac Properties work closely with Trump Organization on many different projects, including the luxury housing project in Dubai with international golf courses that would be managed by Trump’s real estate firm. The families of Hussain Sajwani and Donald Trump know each other well and are often seen dining together at the main cities across the globe at various international events.
The partnership of Donald Trump and Hussain Sajwani goes long back, way before Trump was announced the U.S. President. Damac Properties is known to focus on design and luxury aspects of the projects it handles, and it is because of this, most of the out-of-the-box projects in the UAE are developed by Hussain’s real estate firm.
Hussain after finding success in the catering and support services started Damac Properties after returning to Dubai. He discovered that the real estate development scene in Dubai is not yet fully developed, but has a lot of potentials.
It is for this reason he bought a land in the suburbs of Dubai, designed a luxury residential project, marketed it to the wealthy and affluent society of the UAE, and managed to sell off the project completely within six months. It is what marked the beginning of Damac Properties.
The net worth of Hussain Sajwani Family is approximately around $3.8 billion, and he is the third richest person in the UAE. Damac Properties continues to contribute to the infrastructure development of the UAE.