Hussain Sajwani: A Remarkable Entrepreneur and a Selfless Philanthropist.

by WilliamV .

Hussain Sajwani is a reputed businessman and entrepreneur from Dubai. He is known for founding DAMAC Properties; a global Property development organization. He boasts to be one of the founders of the real estate expansion business in the desert city. He began his ventures in the 90’s when he built some hotels to house the swelling number of persons traveling to the Emirates for trade and business. Hussain Sajwani later took advantage of the market niche in the industry in 2002 and founded DAMAC Properties. This is a company that has grown to be one of the leading real estate companies in the entire Middle East.

 

DAMAC Properties brags to employ an estimated 2000 people. The company is publicly listed, and its shares are traded on the Dubai Financial Market. When it comes to luxury properties development, DAMAC is one company that has displayed an unbeatable track record to date. In its remarkable portfolio, DAMAC is responsible for developing over 16,800 homes and over 44,000 units.

 

Hussain Sajwani has done business with some of the world’s moguls. One of his most cordial relationships is between him and business mogul president of the US Donald Trump. The two real estate tycoons are known to have collaborated in the building of the Trump International Golf Club. This is a place where luxury villas have hit sales of about $ 2 billion. Hussain Sajwani said that their relationship with Trump was beyond just business as the two spent the New Year’s Eve together.

 

Hussain Sajwani is also known for his outstanding charitable contributions to better his community. As per a post on his Twitter handle, Hussain said that it was not about charity but more about sharing. Through DAMAC Properties, he donated one million AED to the #UAECompassion campaign. The campaign was towards supporting refugees in Lebanon and Jordan affected by snowstorm Huda in the Levant region. He has also supported the Tarahamu campaign with donations to the UAE Red Crescent (This is the organization that delivered aid to the areas that were most affected). Speaking on the Huda snowstorm issue, he said, “It is our humanitarian duty to do whatever we can for our brothers facing unthinkable cold winter away from their homes.”

 

Learn more:

http://www.forbes.com/profile/hussain-sajwani

https://www.damacproperties.com/en/investor-relations/corporate-governance/meet-our-board