DAMAC Owner Hussain Sajwani


Hussain Sajwani is a United Arab Emirates National, and the founder and chairman of DAMAC properties. He graduated from the University of Washington with a Bachelor’s Degree in Industrial Engineering and Economics. His career began as a Contract Manager at GASCO, which is a subsidiary of Abu Dhabi National Oil Company (ADNOC). Shortly after embarking on his career, he established his own business and began a catering venture in 1982. The business grew to managing more than 200 projects and serving more than 150,000 meals every day in various markets including the Middle East, Africa, and the Commonwealth of Independent States (CIS). The company still operates today and is known as Global Logistics Services. It services many locations including education institutions, army camps, five-star hotels, construction campsites, among other locations. They provide services like maintenance work, camp management, and manpower supply.

During the mid-90’s, Hussain Sajwani built hotels in accommodation of those traveling to Dubai for business and trading purposes. The birth of DAMAC Properties happened shortly after, in 2002. DAMAC Properties employs close to 2,000 employees. It has delivered over 20,880 units and encompasses a development portfolio of over 44,000. DAMAC owner has joined forces with other projects including Tiger Woods designed golf courses, managed by the Trump Organization, luxury apartments with Versace Home, Fendi Casa, and Just Cavalli, and luxury villas with Bugatti. He has also partnered with properties with Paramount Hotels and Resorts. DAMAC owner also launched a project called DAMAC Maison (or DAMAC Hotels and Resorts as it is currently known) in 2011. This business provides service to over 13,000 hotel rooms and apartments.

In 2017, Hussain Sajwani was listed among the most 100 globally influential Arabs by Golf Business. DAMAC owner also shows interest in the world of trading including Al Amana Building Materials, and Al Anwar Ceramic Tiles Co. He has also made investments with Al Jazeira Services which was listed on the Muscat Securities Market in 1997 and has a capitalization of more than $110 million. Sajwani also serves as the member of boards to companies including Majan University College, Juno Online, and Emirates Takaful Company.

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