Hussain Sajwani and his company DAMAC have made waves in the Middle East. Specifically, the United Arab Emirates benefits from the real estate developments of DAMAC.
DAMAC wasn’t always a real estate development company. In its early years, still under the leadership of Hussain Sajwani, DAMAC was a food distribution company, even supplying the United States’ troops with food.
DAMAC is lavish, luxurious, and well built. Luxury is definitely the primary goal of DAMAC’s developments. It could even be called the Trump brand of the Middle East. In fact, Hussain and Trump have worked together on multiple projects, once building two golf courses in one year – 2013.
Donald Trump even mentioned Hussain, who was in attendance, at his New Year’s Eve party. Trump mentioned Hussain’s name after shouting out business partners all over the world.
Despite, Hussain’s success in real estate, DAMAC still operates as a food distribution company. Although it does take a backseat to their real estate projects. DAMAC entered the real estate world in 2002 after Dubai legalized the purchase of property by foreigners. This ultimately was a great move by Dubai. Since then the country has become known for its luxurious, expensive life styles. Beginning in the 1980s, DAMAC slowly transformed itself from a supplier and distributor of food to a world leader in real estate.
DAMAC Owner Hussain doesn’t merely focus his efforts on real estate development. He is a philanthropist as well. One of his major contributions was when he teamed up with the Ruler of Dubai to provide relief for disadvantaged children. Hussain Sajwani donated AED two million, which was used to provide clothing for over 50,000 kids.
Moving forward, the entire world is watching as Hussain Sajwani continues his efforts in real estate. We have seen what he has done for Dubai and the rest of the United Arab Emirates, but will he expand to other parts of the world?
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