One of the most reputed builders in the middle-east is Hussain Sajwani, who is the founder and the CEO of Damac Properties, one of the largest global real estate development firms based out of Dubai. Even though the company started initially with most of its development focus in Dubai, it quickly spread its operations in different parts of the world, including in the United Kingdom, United States, Saudi Arabia, South Africa, and more. Hussain Sajwani has been in the field of business for long and knew the dynamics of how to run a business successfully. Before starting a real estate development firm, Hussain Sajwani successfully started a catering company that continues to run profitably till date. He is focused on his work and also loves to spend time with his family.
However, the focus of Damac owner shifted to the real estate when the government in the United Arab Emirates allowed the foreign investors to come and invest in the country. The fact that the foreigners can now purchase land in the developing and serene Dubai and the rest of the country opened the floodgates of foreign investments. Hussain Sajwani knew that with this decree being passed, there would be many investors looking for luxurious commercial and residential apartments. Hussain Sajwani’s Damac Properties primarily focuses on building luxurious and elegant residential apartments for the modern buyers. But, the company is also looking to enter new avenues in the real market industry.
According to Albayan, the constructions of the residential and commercial complexes by Damac Properties are in tune with the demands of the modern buyers. Even though most of the properties of Damac Group are priced on the higher side, it is mostly because the company uses the most luxurious and imported raw materials to ensure the finish is fantastic and to the like of the customers. Hussain Sajwani is also a great philanthropist and is a supporter of many different charities. Along with that, he also sponsored the ‘One Million Arab Coders’ that offers support and financial help you the young people to learn coding and different internet programs for the advancement of the country tech industry.