A Concise Overview of DAMAC Owner Hussain Sajwani


Hussain Sajwani is a Dubai, United Arab Emirates national, who currently serves as the founder, chairman and chief executive officer of DAMAC Properties, a luxury real estate property developer. He graduated from the University of Washington with a Bachelor of Science degree in Economics and Industrial Engineering, after receiving a highly coveted government-issued scholarship. He was one of the first students in Dubai to have been selected to attend school in the United States.

In 1981, he began his career at GASCO, a subsidiary of the Abu Dhabi National Oil Company, and worked as a contracts manager in its finance department. After several years, he ventured into the catering business and established his own company. Today, his catering venture is still active, and it now manages over 200 projects in the hospitality industry, as well as various U.S. military camps. It delivers over 150,000 meals each day across the Middle East, Africa and the Commonwealth of Independent States.

In 2002, Hussain Sajwani launched DAMAC Properties and became one of the first property developers in the emirate to expand his market to accommodate expats. DAMAC Properties had succeeded in becoming a multi-billion dollar company, and the largest luxury property developer in Dubai. In 2018, he was listed as the world’s 4th richest Arab by Forbes, with a net worth of $4.2 billion. DAMAC Properties has completed numerous projects that had exclusive interiors by luxury brands Fendi, Versace and Bugatti. The company also partnered with Paramount Pictures to complete the world-famous Paramount Hotels and Resorts.

In his personal life, Hussain Sajwani, the DAMAC Owner, resides in Dubai and is married with four children. His eldest son serves as the general manager of operations at DAMAC Group, and his eldest daughter is the vice president of operations at DAMAC Properties. He actively served on the Majan University College Board of Directors in Muscat Oman. He remains as a close business partner and friend to President Donald Trump, whom he collaborated with in the past to develop several world-class luxury golf courses in Dubai. One of the golf courses was fully designed by golf legend, Tiger Woods.

Over here: https://www.bezaat.com/uae/dubai/properties-for-sale/villas-and-palaces/archive/16624035