Hussein Sajwani support and growth in real estate
Hussein Sajwani is a UAE citizen and the owner of DAMAC Properties. He pursued a degree in art from the University of Washington. His profession initiated when he served as the contracts manager in GASCO, a secondary of Abu Dhabi Oil firm. Later, he decided to initiate his own venture. He was among the innovators of the asset market extension in Dubai. During the mid-1990s, he constructed some hotels so that they could host the visitors coming to the Emirates.
In 2002, Hussein Sajwani saw a chance in the industry and formed DAMAC Properties. The institution has developed to be the prime asset development firm in the Middle East. It comprises of approximately 2000 staff and it has shares transacted on the Dubai financial market. In terms of bookkeeping, it has the proficient track records in the extravagance development market. Furthermore, it has been able to provide over 21700 homes since establishment.
Hussein Sajwani is assisting to develop his professional connection with Donald Trump’s real estate company. The two tycoons of the real estate have partnered on the Trump International golf club. The prestigious villas produce over $2 billion in sales. During 2013, DAMAC Properties joined with Donald Trump to build two golf institution which was branded with Trump’s name. Hussein Sajwani is popularly recognized for his outstanding marketing, he occasionally provides Lamborghinis to apartment purchasers. Moreover, he has co-branding transactions with Versace and Bugatti. In the DAMAC group activities, there consists of a food venture which makes him remember of his initial enterprise.
Hussein Sajwani gave out a cheque of AED 2 million to a cloth movement for the poor kids across the globe. He made this funding as a segment of the firm’s support to the Dubai government hard work to better their comfort. The clothing initiative was presented in partnership with the Emirates Red Crescent. It is a philanthropic institution which was formed in 1983. After the initiative ended, it was able to accumulate AED 120 million. During October 2011, DAMAC Property established its own hospitality facility, DAMAC Maison, which would cater for the occupants residing in the apartments.