DAMAC Properties Dubai Co. PJSC is a luxury apartment real estate company founded and owned by the billionaire Hussain Sajwani. It has industries that deal with construction, architecture, real estate, and engineering. Read more: The Rise and Rise of DAMAC
DAMAC Properties has grown into an internationally acclaimed development agency. Its’s work is seen in cities such as London, Dubai, Jeddah, Doha among others. The company is among those whose shares are traded on the Dubai Financial Market.
DAMAC’s success is attributed to Hussain Sajwani’s tremendous business foresight and market understanding. The company was a result of his entrepreneurial affinity to take advantage a Dubai government decree that allows foreigners to hold property in the region.
DAMAC has become popular with the wealthy and elite of this world because of its aggressive marketing strategies. One of the most popular strategies is; “A Bentley with every villa purchase.” Hussain Sajwani’s market foresight has shielded the company from many potential downfalls due to dropping demand.
Hussain holds a degree from the University Of Washington. He has his entrepreneurial roots in the food industry where he had clientele such as the U.S military and Bechtle, the well-known construction giant. To this day he still owns a food service firm.
The company operates in the Middle East and Dubai. The company has its reaches in luxury apartments, villas, recreational facilities such as golf courses and hotels. Learn more about Hussain Sajwani: http://hussainsajwani.com/
President Donald Trump has worked with DAMAC for more than a decade. The president’s relationship with Hussain Sajwani begun in 2003 and has led to a burgeoning friendship.
DAMAC and Trump’s real estate firm, the Trump Organization, have developed two Trump-branded golf courses. Hussain Sajwani’s ties with the Trump family go beyond business as they have a growing friendship that has led to the success of their business partnership.
In 2013 Hussain Sajwani gave a check worth AED two million for a campaign to clothe a million poor children all over the globe. This was a Ramadan initiative that was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum.
DAMAC has given continued support to the government of Dubai’s efforts to improve living standards of living worldwide. Hussain Sajwani said that DAMAC made its contribution since the young individuals of the world should be given the best start in life as they are the world’s future.