Hussain Sajwani, a UAE national is an outstanding personality in the property development industry. Back in 2002, the exceptionally gifted business mogul founded his signature company, DAMAC Properties. The company is based in Dubai, with operations across the world. Today, the property firm is a market leader with over 2,000 workers, who have taken the company to significant levels. Since its inception, DAMAC Properties has completed more than 21,700 luxury housing units and has over 40,000 other units in different developmental stages.
Sajwani is well-known for his keen business eye and a rare ability to identify a business opportunity. In the years before he established DAMAC Properties, he was actively involved in the hospitality business, especially the building of hotels to accommodate a rising number of tourists and business people visiting Dubai. He realized the serious property gap that existed in the market and founded DAMAC Properties.
With his visionary leadership and unmatched skills in sales, marketing, finance, and legal affairs, Hussain Sajwani has steered DAMAC Properties to become a trendsetter in the luxury property development market, not just in The Middle East, but in the whole world. DAMAC Properties is involved in several high profile property development projects in major cities of the world like London, Beirut, Muscat, Jeddah, Abu Dhabi, Amman, and Riyadh among others.
Hussain Sajwani is also well-versed in other investment fields. Besides property development, he engages in capital markets and equities trading. Through DICO Investments Co LLC, Sajwani’s alternative investment vehicle, the business guru holds portfolios of securities in numerous worldwide and regional markets. DICO Investments Co. has focused on private equities, majority and minority holdings in public companies as well as mergers and acquisitions.
Hussain Sajwani is also a well-connected businessman. He has been involved in lucrative business deals with leading global businessmen like the current United States President Donald Trump. One such project is the golf club designed by Tiger Woods. The Trump Foundation will manage the project. The venture with the Trump Foundation has been very successful with the luxury units shooting to $2 billion regarding sales. Besides their business partnerships, President Donald Trump and Sajwani are close friends. They celebrated the New Year together as a family.
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