Hussain Sajwani- Most Influential Arab Real Estate Investor

DAMAC Properties is a world-renowned real estate development company with headquarters in Dubai, UAE. The real estate company was initiated in 2002 by Billionaire Hussain Sajwani, who previously owned DAMAC Group.

DAMAC Properties is so huge that it is the first real estate company from the Middle East to be enlisted on the London Stock Exchange. The company was also listed on the Dubai Financial Market. As of 2016, the company had revenue of over $1.9 billion

Since it was created, DAMAC Properties has created a very impressive portfolio. It has created about 20,230 luxury property units and is in the process of developing another 44, 000 units. Most of the projects are in the Middle East. There are projects in Dubai, Abu Dhabi, Qatar, Lebanon, UK and Jordan among others.

DAMAC Properties has two major developments projects going on in Dubai which cover over 100 million square feet. The first project is the DAMAC Hills which incorporates a Trump International Golf Club and Beverly Hills style of living. The second project is known as AKOYA Oxygen which also incorporates a world-class golf course. The projects will include top-class dining and entertainment destinations.

DAMAC Properties has a portfolio composed of world-class hotels and restaurants. They even have a branch that handles hospitality developments. Currently, they employ over 200 people who work directly for the company.

About Hussain Sajwani

The astuteness of Hussain Sajwani when it comes to business is phenomenal. Very few people manage to build such as world-class business as Sajwani has. His entrepreneurial skills are unmatched. Currently, he is the most influential Arab in the real estate sector in the whole world. The 65-year old billionaire is worth about $4.2 billion.

Hussain Sajwani holds a degree in Industrial Engineering and Economics from the University of Washington. He started his career by working for GASCO as a manager before venturing into his own business in 1982.

Hussain Sajwani is now partnering with President Trump, in development of real estate business. Although Trump is not actively involved in the business now that he is the president, his children have taken over the management of his business.

More: lookup.ae/news/9700/interview-with-hussain-sajwani-the-man-behind-damac

DAMAC Owner Hussain Sajwani Maintains A Diversified and Successful Business Portfolio

Founded in 2002 by businessman and investor Hussain Sajwani, DAMAC Properties has grown to become one of the world’s leading global property development companies. DAMAC Properties now has almost 2,000 employees and maintains branding relationships with several high-level designers and fashion businesses.

As a preeminent luxury real estate developer, DAMAC Properties is well-known for creating attractive, high quality properties in Dubai, the United Arab Emirates, the United Kingdom, the GCC Arab states and other parts of the Middle East.

While Hussain Sajwani continues to serve as DAMAC owner and Chairman, this business expert also holds an impressive and successful overall business portfolio.

According to Roayah News, one of Hussain Sajwani’s other endeavors is a collaborative effort between DAMAC Properties’ International Company Limited and DAMAC Properties Dubai Co PJSC. Known as Nine Elms Property Limited, this development company is the developer of London’s new 50-story AYKON London One residential building.

Hussain Sajwani is a principal owner in a development partnership between the Government of Oman and DAMAC International Company Limited. The partnership’s construction of a mixed-use waterfront development in Muscat, Oman is currently underway.

Additionally, DAMAC owner Hussain Sajwani and DAMAC International Company Limited are the owners of an island resort development in the Maldives archipelago named the AYKON Maldives Resort.

The well-funded DICO Investments Co LLC was founded in 1992 and is owned by Hussain Sajwani. The DAMAC owner is also a major shareholder in a Muscat, Oman-based building materials company, and the chairman of Oman’s largest ceramic tile company. The glazed floor and wall tiles manufactured by Al Anwar Ceramic Tiles Co are called ‘Al Shams,’ and their raw materials are locally sourced.

Another important component in Hussain Sajwani’s business portfolio is his position as a majority shareholder with the Al Jazeira Services Company. An Omani Joint Stock Company, Al Jazeira Services provides both large-scale, catering contracting services, as well as investment operations.

Visit Sajwani’s website: https://hussainsajwani.com/ar/