Hussein Sajwani: The Compassionate Property Magnate

Posted on December 05, 2017

Hussain Sajwani is an Emirati businessman and entrepreneur who is recognized as one of the wealthiest in the UAE, having a net worth of billions of dollars. He is the current chief executive officer of DAMAC Properties, a real estate and property development company founded in 2002. His hard work and dedication have placed him into the pedestal of success that he is presently enjoying. After graduating from the University of Washington and before entering the real estate market, Hussain Sajwani worked as a contracts manager for GASCO. In 1982, he thought of opening his own business, and decided to leave GASCO to focus on his catering business instead. His primary clients were the US Military and Bechtel, and with only two main clients, his business thrived and he was already earning millions of dollars. Feeling that he is not earning enough money, Hussain Sajwani decided to establish DAMAC Properties in 2002 and hoped for the local population to invest in real estate. DAMAC Properties grew to become the largest real estate and property development company in the Middle East, and they have been involved in several projects since their establishment. Some of their projects include luxury homes, residential complexes, office towers, and golf courses.

 

Through the years of managing DAMAC Properties, Hussain Sajwani had the chance of meeting the wealthiest and the most prominent businesspeople in the planet, and one of them is Donald Trump. He keeps a personal relationship with his family, and they have been in a number of property development ventures. The Trump International Course Dubai, owned by Donald Trump and developed by DAMAC Properties, just opened in February 2017. Another golf course called the Trump World Golf Course will open inside one of DAMAC’s properties in 2018.

 

Hussain Sajwani is also known for his philanthropic works, donating millions to charities and foundations. The most recent one was a 2 million AED donation to an initiative whose objective is to provide clothes to children around the world. Back in 2015, 1 million AED was donated by Hussain Sajwani supporting the #UAECompassion campaign, which helps refugees who are seeking for shelter in Lebanon and Jordan. Learn more: https://www.facebook.com/HussainSajwaniOfficial/