Hussain Sajwani is the founder of DAMAC Properties, a property development firm based in the Middle East. He founded the company in 2002, and through the years, the company developed several high rises across the region. Hussain Sajwani is also one of the closest business partners of Donald J. Trump, and together, the two business moguls developed a golf course inside Dubailand. The DAMAC Properties have changed the skyline of key Middle Eastern cities, and many contractors all throughout the region are contacting the DAMAC owner to become their business partner. DAMAC Properties continue to construct luxury apartments around the region, and the company’s value rose to around $2 billion because of the number of projects that they have built. It also helped Hussain Sajwani to become a billionaire, becoming one of the wealthiest individuals in the UAE.
Currently, DAMAC Properties operate in the UAE, Qatar, Saudi Arabia, Jordan, Lebanon, and the United Kingdom. They are constructing a lot of residential and commercial skyscrapers, supplying the soaring demand for these structures in the region. There are also a huge number of projects that are waiting to be approved by the government, which would add more skyscrapers in the Middle East.
One of the most iconic projects from DAMAC Properties is the development of the DAMAC Hills, which will be located in Dubai, and is boasted as a huge development area with more than 100 million square feet of space. The DAMAC Hills will be patterned after the Beverly Hills neighborhood in California, and luxury homes will be built inside the community. A mix of vertical and horizontal living space are also planned to be built within the DAMAC Hills, along with other amenities like golf courses, entertainment centers, and restaurants.
Aside from the development of communities, the DAMAC Properties has also joined the hospitality industry by building hotels and resorts all throughout the UAE. The present brands under the DAMAC Properties brand are the DAMAC Maison Royale – The Distinction, the DAMAC Maison – Mall Street, the DAMAC Maison – Canal Views, and the DAMAC Maison – Cour Jardin. Hussain Sajwani stated that he is also looking for other possible ventures in the future that would expand the influence of the company he founded.