Hussain Sajwani is a UAE national and also the founder as well as the Chairman of DAMAC Properties, Hussain Sajwani family business. He graduated from University of Washington and commenced his career at GASCO as a Contracts Manager and established a business of his own in 1982.
In the mid-1990s, Hussain Sajwani constructed hotels to accommodate people entering the emirate for business purposes. In 2002, he founded DAMAC Properties which is the leading property development company throughout the Middle East.
Properties and businesses that Sajwani and his companies have worked with
Sajwani and his various companies have worked with various properties and businesses. These properties include commercial, leisure, and residential investments. They have also undertaken real estate development. DICO Investments Co LLC, which is a flagship investment company is concerned with investments in mergers and acquisitions and private equities and also holds the majority and minority holdings in the publically traded companies.
Sajwani’s Relationship with Donald Trump
Donald Trump and Hussain Sajwani are business partners. Their first business deal was in 2013 when the two teamed up to build two Trump-branded golf courses.
The first one, Trump International Golf Course Dubai, was opened in February 2017 at a ceremony held at Damac’s Akoya residential development. The Trump World Golf Course is the other development which was designed by Tiger Woods and would ready by the end of 2018.
DAMAC group description
DAMAC Properties was established by Hussain Ali Habib Sajwani in 2002 and currently has its headquarters in Dubai. This company has its hands in the development of leisure, commercial and residential properties as well as real estate projects in the Middle East. Read more: Hussain Sajwani Family | Celeb Family
The company is now one of the best luxury property developers have done more than 16,800 homes and owning a development portfolio of more than 44,000 units which are at various stages of development and planning.
Philanthropy work by Hussain Sajwani and DAMAC
Hussain has in the recent past stepped up his philanthropic efforts in an attempt to make the world great. In 2013, the DAMAC owner donated two million AED to help in the purchase of clothing to one million children globally. He is steadfast in helping the UAE government to assist the less fortunate members of the society. In 2015 DAMAC Properties contributed one million AED towards the #UAECompassion campaign which works to support refugees in Lebanon and Jordan