Hussain Sajwani – A Well-Known Real Estate Tycoon in the Middle East
Hussain Sajwani is the name to reckon with in the real estate scene of the United Arab Emirates. He is the owner of the Damac Properties, one of the biggest real estate firms in the United Arab Emirates, based in Dubai.
The company has completed hundreds of projects in UAE and has many other projects lined up in Dubai, and the rest of UAE. Over the years, Damac Properties has expanded its operations to many other countries and currently has projects undergoing in many strategic countries and cities, including London, Qatar, Beirut, Jeddah, Abu Dhabi, Doha, and Oman.
Hussain Sajwani studied Economics and Industrial Engineering from the University of Washington and started his career by working at Gasco, a company owned by Abu Dhabi National Oil Company. However, he left the job to start his firm named Al Jazeira Services, which is a catering and support services company that continues to operate till date.
The company is one of the market leaders in its field and manages over 200 projects at the moment, serving 150,000 meals a day. As a Damac Owner, Hussain Sajwani aims to make the company one of the leading real estate firms not only in the Middle East but all over the globe. It is for this reason; the company continues to work along with the regional real estate firms across the world to strengthen its foothold in the international real estate market.
One of the close allies of Damac Properties is the Trump Organization, and the two companies have worked on numerous real estate projects in the past. Currently, Trump Organization is helping Damac Properties with international golf course projects in Dubai. Learn more about Hussain Sajwani: http://gulfnews.com/culture/people/high-riser-1.25193
Hussain Sajwani Family is close to Donald Trump’s family as well, and are seen together on many international occasions. It is because Hussain Sajwani and Donald Trump are not only business partners, but also friends from way before the latter became the U.S. President.
Hussain Sajwani is also known as a compassionate philanthropist and recently donated AED 2 Million to support an initiative to provide clean clothing for a million poor children. Hussain Sajwani’s net worth is well over $3 Billion, and with the kind of projects Damac Properties has in the pipeline, that figure is going only to increase shortly.