Step into the office of Hussain Sajwani and there is a plaque on his wall that reads, “In recognition of outstanding food service performed to the United States Army during Operation Desert Storm.” More than 25 years after that, it is an accomplishment Sajwani still sees as a source of pride and success. He credits his time in the food service industry with cultivating contacts. That is something that helped him become one of the most successful real estate developers in the Arabian Peninsula.
The Damac owner in the early 2000s shifted the focus of his company from food to property, an area the Hussain Sajwani family had had experience with in the past, albeit on a small scale. But Sajwani had no intention of doing anything small. The Dubai-based company took advantage of the emirate’s real estate boom to construct a variety of luxury apartments and homes. These projects include Burj Damac Seaviews, Aykon City, and two luxury golf course communities, Akoya Oxygen and Aknan Villas. Damac survived the Great Recession by cutting costs and stockpiling cash, and emerged stronger than ever. Some of Damac’s upcoming projects include the construction of a new hotel in Dubai and the redevelopment of Oman’s port.
One man who is in Hussain Sajwani’s list of contacts is none other than new U.S. President Donald Trump. Not only did the two men spend New Year’s Eve together, they have also engaged in business dealings in the past. Damac and Trump’s company partnered on the Trump International Golf Club, doing over $2 billion in sales of the luxury villas. Sajwani wishes to do more business dealings with Trump’s children while their father is busy serving as President.
Hussain Sajwani’s business dealings through Damac have caused him to amass a fortune, and a significant amount of that money he has given to worthy causes. One of which is a campaign to cloth needy children throughout the world. Sajwani’s AED two million donation provided clothing to more than 50,000 children.
Visit http://hussainsajwani.com/ for more information.