Hussain Sajwani is the chairman and owner of the Damac properties, a prestigious real estate company based in Dubai.
He is a renowned business tycoon and has diligently led the Damac properties to become the largest real estate developer in Dubai. Hussain is a marketing expert, and this has ensured the success of the company. Learn more about Damac Owner: http://www.nbcnews.com/news/world/dubai-billionaire-hussein-sajwani-ready-do-more-deals-trumps-n695566 and http://www.independent.co.uk/news/people/donald-trump-new-years-eve-speech-president-elect-dubai-business-partner-hussain-sajwani-mar-a-lago-a7507551.html
The Damac owner was born and raised in the Middle East. Since he was a young man, he had a dream of becoming a successful entrepreneur.
To acquire the knowledge and skills needed in the business sector, Hussain joined the University of Washington for his degree in economics. He was an ambitious and intelligent man,he won a scholarship to attend a medical school in Baghdad, but he later dropped the course.
Hussain Sajwani family background was grounded with an entrepreneurial spirit. His father owned a watch and pens shop while his mother was a local hawker.
His father also worked on various real estate projects in the Middle East. Coming from a middle-class family, and being the first born, his father introduced Sajwani into the family business. Hussain Sajwani developed the entrepreneurship interest while working at his father’s watch store.
He started out his career in the food industry, where he provided catering services to the US military. He ventured fully into real estate business in 2001, when Dubai allowed immigrants to buy and own properties.
He started by selling presidential units building. He then founded the Damac properties in 2002. One of his major projects is the Vera Residences, a residential structure that provides a maximum luxurious lifestyle for the tenants.
In 2013, Damac and Donald Trump came together to ensure successful completion of two golf courses in Dubai. During 2017s New Year’s Eve, President Donald Trump recognized Hussain Sajwani as one of the remarkable entrepreneurs in UAE. Damac group is working to take advantage of the recovery of the Middle East property prices and offering shares to the IPO venues.
Hussain is a kind-hearted man who has continually supported the less fortunate across the world. He has contributed more than two million AED to provide clothing to needy children around the globe. The philanthropic foundation was founded in 1983 and has worked together with Emirates Red Crescent.