How Hussain Sajwani Became the Largest Real Estate Mogul in the UAE

Hussain Sajwani is the owner of DAMAC properties and a well known real estate mogul and philanthropist. He lives in the United Arab Emirates. He studied at the University of Washington. He started out as Contracts Manager at GASCO, which was a part of the Abu Dhabi National Oil Company. He later became an entrepreneur, and in 1982, he started his own catering business. He got started in the United Arab Emirates real estate industry in the 90s, when he built several luxury hotels. In the early 2000s, this turned into DAMAC properties, which is the largest real estate property development firm in the region. It has nearly two thousand employees, and it has shares on the Dubai Financial Market. They have a portfolio of over forty four thousand units. Hussain Sajwani and DAMAC deal primarily with luxury real estate properties and developments in the Middle East. Hussain Sajwani also holds securities in various investments.

 

The DAMAC owner and the entire Hussain Sajwani family is also close to the current US president and former real estate mogul, Donald Trump. Last year, they celebrated New Year’s together, as they planned future deals between DAMAC and the Trump Organization. Hussain Sajwani’s wife is also very close with Ivanka Trump, and they are also close to Eric and Donald Jr. Trump called them the most beautiful people. For an example of some of their deals, a golf course that Hussain Sajwani and DAMAC built will be managed by the Trump Organization. Hussain Sajwani says that he is not involved in any political issues at all, however.

 

DAMAC Maison is the part of the DAMAC that serves hotels. It offers services to residents in more than twelve thousand hotel apartments.

 

Hussain Sajwani is also a great contributor to charity. For example, he gave a whopping two million AED dollars to charity to help needy children. This money went towards helping out fifty thousand needy children with clothing for warmth. This was part of a project launched by the Emirates Red Crescent and the Prime Minister of the UAE. The project raised one hundred and twenty million AED dollars altogether.

 

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