Chairman Hussain Sajwani of DAMAC Properties recently donated AED two million to the ruler of Dubai’s Ramadan initiative to clothe needy children from around the world. Sajwani said “DAMAC Properties has always supported the altruistic efforts of His Highness Sheikh Mohammed to improve the lives of others, particularly during the Holy month of Ramadan”
DAMAC Properties is just one of the businesses that comprise Hussain Sajwani’s DAMAC Group, however, it is one of the most successful. Founded in 2002, DAMAC Properties develops luxury residential properties in Dubai, Abu Dhabi, Doha, Amman, Beirut, Jeddah, Riyadh and London. The company’s excellent record of accomplishment of delivering more than 16,800 homes to date comes from their handling all aspects of the properties that they develop from land acquisition to property management. DAMAC Properties established DAMAC Maison, the company’s hospitality division in 2011.
A shrewd businessperson, Hussain Sajwani started as an entrepreneur soon after graduating from the University of Washington with a B.A. in economics. His first company, which he established in 1982, served meals to the U’S. Army and private companies operating in the Middle East. The catering company, Al Jazeira Services, remains part of the DAMAC Group. Other companies in the DAMAC Group include DICO Investments, Al Amana Building Materials and Al Anwar Ceramic Tiles.
DAMAC Properties’ prestigious projects cooperate with leading brands, including Tiger Woods, The Trump Organization, Versace and Fendi to build some of the most opulent homes in the Middle East. Before becoming President of the United States, Trump invited Hussain Sajwani and his family to celebrate New Year’s Eve with him at a party in Florida.
Sajwani, his wife and their four children reside in Dubai, where he served on several boards, including, Majan University College in Muscat Oman and Emirates Takaful Company in Abu Dhabi. Hussain Sajwani’s vision is to empower youth in the UAE to start their own businesses and realize their potential.