DAMAC Properties gives an apartment buyer a complimentary Lamborghini or BMW once in a while. Other times, the reputable real estate development firm throws in some Jet skis when one buys an apartment from them. DAMAC owner, Hussain Sajwani, and the management of the company amaze many because of their luxurious apartments and eye-catching marketing stunts. DAMAC is ranked among the top real estate companies in the Middle East and is one of the companies that gave Dubai its beautiful look. Overall, the remarkable growth of DAMAC is attributable to the vision and entrepreneurial skills of the Founder, Hussain Sajwani.
Husain Sajwani is a classic example of a man who rose from obscurity to become an acclaimed entrepreneur. He was born in 1956 to a middle-class family in Dubai. From his earliest sources available online, Sajwani developed an interest in entrepreneurship during his formative years and has continued with the spirit to date. After graduating, Sajwani served as a Contracts Manager for GASCO, a sub-branch of Abu Dhabi National Oil Company. Later on, Sajwani decided to create his first business and registered his catering firm in 1982.
Sajwani’s catering venture grew to be a global powerhouse and is currently a multinational firm managing numerous projects in different countries. The catering enterprise expanded rapidly and started offering more services including camp management, maintenance services, and trained workforce supply. In 2002, Sajwani started DAMAC Properties taking advantage of a new policy in Dubai that allowed immigrants to own assets. Since then, Sajwani has helped transform Dubai into a glitzy destination.
Sajwani’s proficiency and expertise have turned DAMAC into a property development giant. Recently, DAMAC worked together with The Trump Organization to establish two reputable Trump-branded golf courses. One of the golf courses at Akoya was opened in February 2017 while the other will hopefully be launched in 2018. In a press conference, Trump celebrated Hussain for his impact in the real estate development field and confirmed their strong business relationship.
Sajwani serves on the Board of companies like JUNO Online and Emirates Takaful Company. Besides Hussain Sajwani family is renowned for philanthropic endeavors and has made generous donations to help the needy around the world.
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