The United Arab Emirates-based luxury real estate mogul, Hussain Sajwani has been leading the rising markets of Dubai since 2002 when he established DAMAC Properties and made the move from the food and hospitality industries to a successful real estate developer. As an entrepreneur, Hussain Sajwani has seen his career take many different twists and turns as he has created a business model which has allowed him to ride out some of the most difficult periods in the global economy including the 2008 crash.
Moving into real estate has appeared to be plain sailing for the Hussain Sajwani family who have made close allies of many of the world’s leading real estate moguls and companies over the course of the last decade and a half. The DAMAC owner made his initial fortune when he noticed there were little to no companies offering food services to workers at gas and oil fields in the Middle East; Sajwani was working as a finance expert for the Abu Dhabi Oil and Gas company when he formed a food services company which he still owns operating across the Middle East, Asia, and Africa.
In 2002, the DAMAC founder made his initial move into luxury real estate development when he noticed a change in the rules of property ownership in Dubai allowing foreign nationals to purchase property for the first time. Sajwani believed the luxury real estate markets would open up to the richest people in the world buying properties in the desert region. Eventually, DAMAC purchased a strip of land in an underdeveloped area of Dubai and planned a luxury apartment block which Sajwani sold out before ground had been broken on the project.
The latest developments from Hussain Sajwani have seen the luxury apartment complex transform into resort style living based on impressive golf courses on the outskirts of Dubai. The inclusion of the Trump brand name on the latest resorts including the Trump International Golf Course Dubai which opened in February 2017 and a further golf course planned to open in the early months of 2018.