Career Growth And Impacts Of Hussain Sajwani To The Society
Hussain Sajwani is a is a 57-year-old businessman based in Dubai and the chairman of DAMAC, a property developing company that he founded in 2002. He obtained an economics degree from the University of Washington. Mr. Sajwani started his career in GASCO as a contract’s manager and later on, in 1982, decided to start his own business in catering. Mr. Sajwani joined the real estate sector in the mid-1990s where he started by building hotels to accommodate the increasing number of the businessmen that were joining the Emirates. The business was doing well, and in 2002, he decided to venture fully into property development, and that is when he started DAMAC properties, a company that has grown over time to be one of the best property development companies in the Middle East.
DAMAC properties have developed properties including 8,890 units and 19,136 units that cover 9,070,264 sq. Ft. and 23,816,070 sq. Ft. in the Middle East. In an interview, Sajwani said that his company also launched a hospitality division in 2011 as well as the DAMAC Maison that will provide bespoke services to the residents of his hotel.
In 2013, DAMAC Properties joined hands with Donald Trump to create two golf courses in Dubai that are Trump branded and ranking up to $2 billion in sales. The two real estate giants have plans of enhancing their relationship to do more business with the Trump organization. During the New Year’s Eve celebration where Hussain Sajwani joined the Trump family, he stated that the two have a good business relationship and Sajwani had visited the United States in 2016 to open a Washington hotel belonging to Donald Trump. Though not involved in politics, Hussain Sajwani has a good relationship with businessman and politician Donald Trump and his family as well as having a good relationship with other head of States.
Despite being a successful businessman in the real estate sector, Hussain Sajwani is known philanthropist who likes helping the less fortunate and sometimes goes to the extent of giving out free Lamborghinis to clients who buy his properties. Hussain Sajwani also gave out AED 2 Million to help in the needy children dressing campaign.