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/