Contributions by DAMAC Owner, Hussain Sajwani in Transforming the Luxury Real Estate Sector

Hussain Sajwani has made critical contributions in the reshaping of the real estate sector in the Middle East and other parts of the globe. Hussain Sajwani is credited for the formation of DAMAC Properties which has active operations in the United Kingdom, UAE, Dubai, Lebanon, Jordan, and other global destinations. The unique business portfolio adopted by DAMAC Owner saw the organization listed as one of the fastest growing companies by Forbes in 2016. The group has gained global recognition and offers competitive designs and styles. Its success can be linked to the engagement of award-winning stylists and designers. The use of professional staffs further helps guarantee of quality to the dives clients base.

The creation of DAMAC Properties can be traced to 2002. Since its creation, Hussain Sajwani has ensured the success of more than 20, 000 units to the clients. DAMAC Owner further outlines that there over 40, 000 units which are undergoing construction. Hussain Sajwani exhibits different leadership and entrepreneurial skills. In a post from saudiprojects.net, it says that he has employed the skills to diversify the operations of the group as well as boost its competitiveness in the market. Other than offering unique products, Hussain Sajwani offers support services such as financing options to the clients. There are the choice of hotels, residential and commercial properties. Regardless of choice, the investments guarantee huge returns in term of resale value or rent.

Background Information on Hussain Sajwani

DAMAC Owner, Hussain Sajwani is an Emirati billionaire and is regarded as being the fourth richest individual in the region. A huge portion of the vast wealth is linked to the operations of DAMAC Properties. Although Hussain Sajwani (@hussainsajwani) studied in the University of Washington, he was born and raised in Emirates. He graduated with a degree in engineering and economics and relocated back to the Middle East. During the initial years, he served as manager of GASSCO which is a subsidiary of the Abu Dhabi National Oil Company. After resigning as the manager, he created the Global Logistic Ventures which has interest in the Middle East hotel and catering sector. The success of his ventures points that he has effective investment methods and skills as a leader.

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