Hussain Sajwani is a business mogul from the United Arabs Emirates. He began his career in food service industry before he gained some interests in the real estate industry while still learning his food service firm. He was able to attract diverse clients including Bechtel, a construction giant as well as U.S. military.
From his interest in real estate business, he decided to establish a real estate development company, and Damac Properties was born in the year 2002. Hussain was aware that Dubai government does not restrict foreigners from investing in properties and thus took advantage of that opportunity.
Sajwani bought a land in a town that was considered underdeveloped. Within six months he was able to develop a 38- story residential house of which most of the units therein were sold even before he began construction.
After this successful investment, he looked forward to making Dubai glitter by polishing its image, and truly, he has made it a bright destination for many people in the world. Sajwani became the president of Damac Properties in the year 2013 after the company partnered with Donald Trump with the aim of developing two golf courses that are Trump-branded. Learn more about DAMAC owner: http://www.damac.com/terms-of-use/http://www.damac.com/terms-of-use/
The first golf course was Trump International Golf Course Dubai and was opened early in 2017 while the second one, Trump World Golf Course is expected to be inaugurated in the year 2018.
When Trump was elected as the president, of the United States, he applauded Damac Owner during a press conference saying that he is a great and an amazing man. He added that Sajwani had offered him a real estate deal worth $2 billion in Dubai, but he had to turn it down.
Hussain Sajwani family went to visit Trump on New Year’s Eve as a friend and business partner having worked together for some time in the real estate industry.
Damac Properties has grown into a big and successful venture in residential real estate development and has employed more than 2000 employees. The company has also managed to create its capital and thus is publicly listed and traded in the finance market in Dubai.
Damac Properties has grown tremendously over the years through their ability to partner with other reliable brands in the market and also investing in viable projects such as Ta Golf Course.