DAMAC owner Hussain Sajwani is the founder of a residential real estate known as DAMAC Properties. He is a well known and world wide real estate developer. According to the online article “Hussain Sajwani – Family, Family Tree”, He currently serves as the “Chief Executive Officer and Executive Chairman at DAMAC Properties Co. LLC, Chairman at Al Anwar Ceramic Tiles Co, Chairman at DAMAC Holding LLC, and Chairman at Al Jazeira Services Co. SAOG.” In the establishing of the residential property, Sajwani saw an advantage when the government began allowing foreigners to claim property in the emirate in the year of 2002. From there he began implementing ideas to embrace the opportunity.
Hussain Sajwani made his first purchased of land in an area that was not quite developed at the time. However, he was determine and motivated by the opportunity. According to the Forbes Profile, “he managed to sell units in his first 38-story residential building in less than six months–before he started construction.” That made Hussain Sajwani a successful real estate developer, but that was not his start. According to the Forbes article he first “started out in the food service business, attracting clients such as the U.S. military and construction giant Bechtel.”
The company DAMAC Properties includes the development of residential, leisure, and commercial properties in Dubai and in the Middle East. DAMAC properties also invests in real estate projects. Speaking of investing in real estate projects, Sujwani has a close relationship with one well known person we all know. Our current U.S. President, Donald Trump. According to Forbes profile, “Damac teamed up with Donald Trump (beginning in 2013, long before he became president) to develop two Trump-branded golf courses. The Trump International Golf Course Dubai opened in February 2017 at Damac’s Akoya residential development, and the Trump World Golf Course, designed by Tiger Woods, is slated to open at a separate Damac development at the end of 2018.” This allows us to know Hussain Sajwani has great development areas for our president to currently have one and another one to be accessible in 2018.
Today, Hussain Sajwani and President Trump are still very close, even with his children having to handle all of his assets due to conflict of interest. The Trump family and Hussain Sajwani family remains in a close relationship. Hussain Sajwani outstanding accomplishments has allowed him to build long-lasting relationships all around the world.
Find more details here: https://www.albawaba.com/business/pr/damac-needy-children-518106