Hussain Sajwani, the DAMAC owner, can be defined as a successful and committed entrepreneur. He is the founder and chairman of DAMAC properties. The Company operates under the luxury real estate category and has in the past transformed the Middle East and other regions. In 2016, DAMAC Properties was included in the list of the 200 Fastest Goring Companies in the Globe. The list was compiled by Forbes and evaluated the revenue generation levels. The success of the group can be attributed to the approaches that are adapted by Hussain Sajwani and the contribution of other professionals. DAMAC owner has high regard for quality and unique designs and thus engages award-winning designers, architects, and constructors.
The company has a diverse product and service portfolio that meets the needs of diverse clients. The products can be categorized under luxury, commercial and residential properties. In the case of the luxury properties, there is the option of furnished hotel rooms, villas, and apartments. It is critical to note that the properties are located in major global destination and prime areas. Hussain Sajwani has active operations in the United Kingdom, Dubai, Jordan, Lebanon, and Qatar. In the Middle East, the properties developed by the group have won many awards. The developments are based on the ongoing market trends and the preferences of the customers. Based on its past performances, DAMAC Properties team can be credited for revolutionizing the luxury real estate market.
Brief Background on Hussain Sajwani
Hussain Sajwani was born in Emirates attended the local schools during the early years. However, he moved to the USA where he enrolled in the University of Washington and pursued a degree in economics and engineering. After completing his studies, Hussain Sajwani returned to Emirates where he worked at GASSCO as the manager. He later created the Global Logistic Venture to offer hotel and catering services. In 2002, he formed the DAMAC properties Company to offer high-end products in the region. His commitment has seen him being listed as the 4th richest Arab with Forbes estimating his wealth to be over 1.6 billion dollars.
Philanthropic works of Hussain Sajwani: https://www.albawaba.com/business/pr/damac-needy-children-518106