DAMAC Owner Sajwani And DAMAC Properties

Hussain Sajwani is the DAMAC owner and Chairman, the largest luxury private real estate developer in the Middle Eastern region. Sajwani is a very clever individual and his brains bought him plenty wealth with a net worth of about $3.8 billion. Hussain founded DAMAC properties in 2002, prior to that Sajwani was recognized for his outstanding food service to the military during the Desert Storm. He stated that he worked for all Americans all over the world including major companies like Bechtel. Though he obtained many armies contracts the food business wasn’t exactly enough for the over achiever. He hasn’t given up on the food business which is his first business expertise, he simply expanded his business and added on to DAMAC operations.

Sajwani was a very generous man along with being so witty. He wrote a check for $2 million to a campaign to clothe a million unfortunate children around the world he knew this would change lives of children and provide the right environment to give them the very best start in life.

Although it was not always smooth sailing, Sajwani hit a few lumps in 2008 but always thought his actions out thoroughly, controlling cost, reining in some projects and applying strict measures against buyers. He also based his property business model now on three principles, one of which was very clever. Holding no debts for land, that it always paid 100 percent at the beginning. Hussain was known for all the glitzy attractions in Dubai. In 2002 he took advantage of foreigners being able own property in the Emirate. After Sajwani (@hussainsajwani) purchased the land, he started on his first 38 story residential building and manage to sell units before the building was even completed. It was quite evident he had the ability to attract friends in high places all over the world. DAMAC properties has completed over 20,000 units, including its hospital division, DAMAC Maison, and its hotel apartments which serviced to almost 8,000 residents positioning the company as one of the largest Hotel Apartment operators and developers in the world.

Hussain made clear that he was not involved in any political issues or positions, but he did have a very close and developing friendship with Donald Trump. The Hussain Sajwani Family and the Trump family were very much intertwined. Sajwani and Trump, prior to Trumps election, worked together on a very glamorous golf course project. The Trump International Golf Club that was designed by Tiger Woods, completed in February of 2017 and racked up over $2 billion in sales. After the election, Sajwani met with Ivanka and Trump’s younger generation so there would be no conflict of interest with Donald Trump and his presidential duties. His loved ones took over and they did their branding very well. Sajwani hopes to enhance his business relationship with Donald Trump’s real estate firm.

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