DAMAC Group is a renowned property development company based in Dubai. The company was established by the Emirati Billionaire, Hussain Sajwani in 2002 as the DAMAC Group subsidiary. Currently, the company is recognized for its role in the property development sector where it has already delivered more than 20,000 property units and is still in the process of developing over 44,000 units.
His journey to creating DAMAC Empire
Hussain Sajwani is an astute businessman and a real estate magnate with a unique track record in the global property market. His investment portfolio constitutes several securities in different regions and global markets. The rise of DAMAC Properties is attributed to Hussain Sajwani’s vision and incomparable entrepreneurial skills.
The journey started with Hussain Sajwani joining the University of Washington through a government scholarship to study a degree program in Industrial Engineering and Economics. After his graduation, Sajwan started working as a Contract Manager at GASCO where he gained his exemplary management skills.
He developed an interest in the real estate business in the 1990s when he started building hotels to provide accommodation for the rising population in UAE. Later in 2002, Hussain Sajwani saw the opportunity in the real estate market and found the currently recognized DAMAC Properties.
Driving success at DAMAC
Hussain Sajwani’s prowess in real estate services including marketing, sales, development, administration, and finance have been the major drivers of growth at DAMAC. The boom in Dubai’s tourism sector in the past years has also enabled the leader to build his empire. Read more: Hussain Sajwani | Twitter and Hussain Sajwani | Forbes
Under his rule, DAMAC has been named behind prestigious real estate projects in Dubai and other parts of the world. DAMAC owner ensures that the company partners with globally interesting organizations which bring fashionable property brands that meet the needs of the transforming market.
DAMAC owner has made notable achievements in the real estate business through DAMAC Properties. The company had built a multimillion-dollar golf course which was designed by Tiger Woods, the renowned golfer and currently managed by the Trump Organization.
Through the company, Hussain Sajwani has managed to build luxury apartments designed by Italian fashion houses such as Versace Home, Fendi Casa, and Just Cavalli. Because of his leadership skills, Hussain Sajwani is currently a member of several boards including JUNO Online, Majan University College, and Emirates Takaful Company.