Hussain Sajwani is a prominent entrepreneur and founder of DAMAC Properties, one of the largest property development companies in the world. Born in 1956 in the United Arab Emirates, Sajwani displayed astute entrepreneurial skills from an early age. Sajwani earned his undergraduate degree at the University of Washington, where he graduated with a Bachelor of Science in Economics and Industrial Engineering. Upon his graduation in 1981, he began working in GASCO as a Contracts Manager. The following year, Hussain Sajwani established his own business in catering. The venture would grow rapidly to more than 200 projects currently with a presence in the Middle East, the CIS, and Africa.
Hussain Sajwani established his flagship investment company, DICO Investments Co LLC in 1992. In the mid-1990’s, Hussain Sajwani built a chain of luxury hotels to serve the growing number of visitors to the Emirates. His other investments include Al Amana Building Materials, Al Jazeira Services, and Al Anwar Ceramic Tiles Co. In 2002, Hussain Sajwani founded DAMAC Properties. The company would soon become one of the most successful property development companies in the Middle East. Today, the DAMAC employs over 2000 employees and has so far delivered close to 20, 000 homes in the luxury properties market. The company still boasts an incredible portfolio of over 40, 000 units that are currently it is currently developing.
In the past, DAMAC has collaborated with some of the world’s leading lifestyle brands such as the Trump Organization, owned by current US President Donald Trump. The two brands are working on a Tiger Woods fashioned golf course. Other companies DAMAC has worked with include Versace, Fendi, Bugatti and Paramount Hotels & Resorts. Besides his interest in various investments, Hussain Sajwani, the damac owner, is an active philanthropist. He supports various noble causes in the local community and beyond, particularly initiatives that encourage youth entrepreneurship and innovation. The father of four lives with his family in Dubai.