Hussain Sajwani founded his company, DAMAC Properties Dubai in 2002. He is both chairman and CEO of the group. Headquartered in Dubai, United Arab Emirates, they are involved in developing residential, leisure, and commercial properties in Dubai and the Middle East. DAMAC has partnered with renowned industry leaders Versace, Fendi, Just Cavalli, and Bugatti to create their award winning high-end golf course communities and high-rise luxury apartments. They also operate and manage luxury hotels under the Paramount Hotels and Resorts umbrella. They are now the largest private real estate developer in the Middle East.
Sajwani began his career during the 1980’s in the food service industry, catering to workers in the energy sector as well as serving US troops during operation Desert Storm. This experience allowed him to make contacts with influential people establishing relationships which would later prove both financially and personally beneficial . In 2001, after establishing himself in the catering industry, Dubai began allowing foreigners to own property which led to the development of DAMAC Properties.
DAMAC Properties is known for its grandiose approach to property development. They focus on 5-star developments and market them aggressively. According to alaraby.co.uk, they have even been known for giving away free Lamborghinis to apartment buyers. This mindset and business strategy may be one reason why his family is closely connected with the Trump family. He and Donald Trump collaborated on two golf courses in 2013, both situated within Dubai developments financed by the DAMAC group. While Donald Trump has pulled back from any business deals during the tenure of his presidency, both families are still very much intertwined on a personal level.
DAMAC Properties is also very focused on their philanthropic efforts for the younger generation in the middle east. They recognize the importance of nurturing their future leaders and are aware of the poverty issues that surround them. They recently partnered with Emirates Red Crescent, a humanitarian organization, to establish a fund to supply much-needed clothing to needy children in the Middle East. They were able to white a check for AED two million to help support the fund.
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