In the heart of the UAE, lies Hussain Sajwani, founder, and chairman of real estate giant company DAMAC Properties that was founded in 2002.
Hussain Sajwani, the DAMAC owner, studied at the University of Washington where he graduated with his bachelors. His career begun when he joined GASCO Company as a Contracts Manager. It did not take him long to start his own company leaving employment. His food services company was started in 1982 and mainly concentrated in serving the U.S military and Bechtel, a giant construction company based in the U.S. In the 90’s, he was building hotels to accommodate the increasing number of people coming to Dubai either to visit, work or to stay. He decided to venture into real estates in 2001 when Dubai finally allowed foreigners in the country to own and develop properties. Hussain Sajwani took advantage of this and started leasing land units. The business became so successful that in 2002, he founded the largest luxurious property development company in the Middle East, DAMAC Properties that mainly targeted the super-rich high class, with a marketing strategy that placed it first among its competitors.
DAMAC Properties mainly deals with the development of high-end residential homes, leisure properties like the two luxurious golf clubs developed for Donald Trump and commercial buildings. Hussain Sajwani markets his company by offering expensive incentives to his clients. DAMAC Properties offers free Lamborghinis and Bentleys to those who buy their properties especially the apartments.
In 2013, Hussain Sajwani started working with Donald Trump to develop two prestigious golf courses in Dubai for the president. His company also started various projects and deals with the Trump Organization, which is Donald Trump’s real estate firm. The two are said to have more than business relations as their families visit each other and the wives are also good friends.
According to an article published on The National, Hussain Sajwani has worked with His Highness Sheikh Mohammed bin Rashid to provide clothes to the needy children across the globe when he donated two million. DAMAC Properties also support Dubai government efforts to enhance living standards of various communities around the world.
More stories about DAMAC’s ventures: http://www.gulfconstructiononline.com/news/story/4267