Damac Group is one of the leading real estate development firms in Dubai and has developed thousands of residential and commercial projects in the country since its inception in 2002. The company employs designers from leading designing companies, such as Buggati, Versace, and Fendi to design the projects developed by the Damac Properties. Moreover, the marketing strategy of the Damac Group like giving away Ferrari or Lamborghini with every apartment purchase has also helped in adding mileage to the company’s popularity and growth.
Damac Owner started a catering service firm before Damac Group came into being, named Al Jazeera Services. Al Jazeera Services continues to be a market leader in its field and has a market capitalization of over $125 million. The company manages over 200 projects at the moment and serves 150,000 meals a day or more. Hussain Sajwani through his various business ventures has been able to amass a fortune of over $3.5 Billion over the years and is listed as the third richest in the United Arab Emirates by Forbes. Hussain Sajwani has studied Economics at the University of Washington and has also worked at the beginning of his career as a contracts manager at leading oil firm, Gasco.
Hussain Sajwani is also a well-known philanthropist in the United Arab Emirates and is associated with many charities that support the causes he believes in, such as providing primary education, healthcare, and food, to the poor and underprivileged families in the country. Hussain Sajwani recently donated AED 2 Million to provide clean clothing to one million children globally. Hussain Sajwani also runs a corporate social responsibility program at Damac Group and encourages his employees to volunteer in many social and community welfare projects.
Hussain Sajwani is currently focused on the golf course cum residential projects being developed by Damac Properties in Dubai in collaboration with the Trump Organizations. Donald Trump and Hussain Sajwani have shared friendly relationship for years, and their respective real estate firms continue to work together until date. Even the Hussain Sajwani family knows Donald Trump and his family well, and are seen hanging out together on many occasions.
To learn more about Hussain Sajwani family, visit http://hussainsajwani.com/.