The field of real estate in Dubai is one of the most attractive and highly-developed in the world. The city of Dubai has some of the most famous buildings that have an architecture that is known across the globe.
One of the companies that have made enormous contributions in the field of real estate development in Dubai and the Middle East is Damac Properties. Damac Owner Hussain Sajwani is one of the most influential and powerful personalities in the real estate space of the Middle East, and are also the third-richest person in the United Arab Emirates.
Damac Properties has developed some of the most popular residential and commercial buildings and complexes in the United Arab Emirates. The company is known for constructing buildings that are highly luxurious and ultra modern. Read more: DAMAC Chairman Relishes His Roots | The National and Hussain Sajwani Family | Celeb Family
Most of the constructions of the enterprise are designed and developed in collaboration with international designer firms such as Fendi, Versace, and more. It is what gives the real estate projects of Damac Properties that unique and sophisticated feel.
Hussain Sajwani also has a particular interest in the local as well as global equity markets. He has formed DICO Investments, an investment management firm specifically to take care of the investments he and his company makes.
Even though Damac Properties is the company for what Hussain Sajwani is widely known for, it is not the first successful company that he has formed. Before starting Damac Properties, he began Al Jazeera catering services that continue to operate and manage over 200 projects till date.
Al Jazeera Services have had tie-ups with international organizations such as Bechtel and U.S. Military. Hussain Sajwani studied economics and industrial engineering from the George Washington University after which he joined an oil company known as Gasco. However, he didn’t carry on with the salaried job for long and started his entrepreneurial journey by starting Al Jazeera Services.
Hussain Sajwani has collaborated with many local and regional real estate firms to develop residential and commercial projects. He is also close to Donald Trump and has known him before the latter became the United States President. Hussain Sajwani Family also knows the family of Donald Trump’s family closely and spend time together whenever an opportunity arises.