Hussain Sajwani is the founder and Chairman of Damac Properties, a luxury residential and commercial properties developing firm, headquartered in Dubai.
Damac Properties operates in Dubai, Middle-East and many other parts of the globe, working closely with local, regional and international partners. Damac properties, from the time of its inception in 2002 till now, has played a vital role in the overall infrastructure development of Dubai and the Middle-East, creating some of the landmark luxurious residential and commercial properties.
Hussain Sajwani is a self-made billionaire, who started his first company in an entirely different sector of catering and support services. His catering company Al Jazeira Services was his first venture into the business world and marked the first step of his entrepreneurial journey.
It is the company that is still run and operated by Hussain Sajwani, and have served clients such as U.S. Military Services and construction giant Bechtel. He is also a great philanthropist, and in a recent initiative in the United Arab Emirates, Hussain Sajwani donated AED 2 Million to provide clean and proper clothing to the needy children.
Hussain Sajwani studied from the University of Washington and graduated with a degree in Economics and Industrial Engineering. After completing his studies, he went on to work for the oil giant, Gasco.
However, he left the company soon after to start his start-up, Al Jazeira services. Hussain came back to Dubai realizing there is a great potential in the real estate market here, and it is how Damac Properties started.
His first venture was when he bought a small plot in the suburbs of Dubai and sold the luxury residential property to the rich and wealthy of the Middle East. In no time, Hussain managed to sell the entire project even before the construction work began. Learn more about Hussain Sajwani Family: http://hussainsajwani.com/ and http://blog.raynatours.com/top-10-richest-men-uae/
And, it is how Damac Properties came into the limelight. Currently, the company is also developing world class Golf courses in Dubai in collaboration with Donald Trump’s real estate firm, who has been a close ally of Hussain Sajwani for many years.