Many of the most luxurious buildings, hotels, shopping centers, commercial centers and conglomerates in Dubai are owned, developed and invested by the same company, DAMAC Properties.
DAMAC Properties is one of the most successful real estate developments, contracting, purchasing and selling companies in the world, and it is owned by the real estate genius Hussain Sajwani.
DAMAC owner Hussain Sajwani has changed Dubai, and this is not an overstatement. His work with the real estate industry and with the city of Dubai in general has shaped the territory and the commercial situation of the city to what it is today, because many of the highest-quality and most expensive hotels and resorts in the area, as well as the biggest and most award-winning buildings, were created by Hussain Sajwani’s business.
DAMAC Properties was created by Hussain as a solution for the growing real estate industry of Dubai at the time. The opportunity to develop properties by the time of the inauguration of DAMAC Properties was very high. Many investors and developers started investing in the establishment of new properties and high-luxurious buildings for the city, and Hussain was one of them, arguably the most successful one.
Hussain Sajwani, as an experienced developer in the real estate industry, is also close friends with President Donald Trump since both were juggernauts of the real estate industry and had business relations together. The DAMAC owner and Donald Trump aren’t just business partners, they are close friends who have helped each other, and their families constantly visit each other as well.
DAMAC owner Hussain Sajwani was there when Donald Trump was still not elected president and was disputing the presidency role with Hillary Clinton. The support of Hussain Sajwani was definitely there, and Hussain has even stated that he looks forward to the next day that the two will meet again.
As of now, Hussain is a Chairman in the board of directors of his company, and he continually invests and oversees the real estate industry as a veteran who has greatly succeeded in the area. Hussain Sajwani is one of the wealthiest men in the city as well, and one of the most influential ones by far.