Hussain Sajwani, the DAMAC Owner, was born in Emirati and spent his early years in the Middle East. Currently, he is regarded as being the fourth wealthiest individual in UAE. After ending the early education stages in Emirati, he later moved to the USA for further education. He enrolled at the University of Washington where he graduated with a degree in Economics and Engineering. After completing his university education, Hussain Sajwani moved back to Emirati where he served as the GASSCO company manager. GASSCO serves as a subsidiary of the Abu Dhabi National Oil Company. After working for some years, he ventured into the hotel and catering industry. He gained global recognition as an entrepreneur after the formation of DAMAC Properties in 2002.
Products Portfolio of DAMAC Properties
DAMAC Properties offers a wide list of products and services. The products include furnished hotel rooms, hotel villas, and hotel apartments. Hussain Sajwani engages the services of award-winning designers and stylists. The move ensures that all the properties offered by the group meet the global standards. The properties are strategically located in prime areas such as London, Lebanon, UAE, Dubai, and other global destinations. Other than the unique designs, there are financing options. Since its creation in 2002, the real estate entrepreneur has coordinated the delivery of more than 20, 000 units. The group further notes that it has over 40, 000 ongoing projects in different parts of the globe. Investing in the properties would offer fulfillment and returns in terms of rent and resale value.
Focusing on the entrepreneurial activities of Hussain Sajwani indicates that he has different investment and leadership skills. He is credited from the formation of DAMAC Properties. The organization has an interest in the luxury real estate sector. The properties of the group are located in London, Jordan, Dubai, Qatar and other major global destinations. Clients have a wide list of properties to choose from. They include hotel rooms, hotel villas and apartments. The properties feature unique styles and designs from award-winning professionals. During the designing processes, there is an emphasis on the inclusion of the tastes and preferences of the customers.