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The Birth of the Dubai Residential Real Estate Industry

Hussain Sajwani, is the president and founder of DAMAC Properties, a residential real estate business running in Dubai and other nations across the world. Since 2002, Hussain Sajwani has played a big role in helping internationals own property in Dubai.

His business leveraged the government ruling that finally allow expats and foreigners to invest in Dubai’s real estate business.

His very first venture involved the purchase of property in a less populated section of Dubai where he set up a 38 floor residential unit. The impeccable design coupled with smooth sale skills saw him sell everything six months before the construction even began.

While he has a reputation as a glitzy real estate developer, his career began back in 1982 when he founded a catering venture. This was just after he graduated from the University of Washington and briefly working with GASCO where he served as the contract manager.

Hussain’s position as one of the leading property developers in Dubai was manifested when Donald Trump, the now US President, chose DAMAC Properties to handle the construction of a high luxury golf course in Dubai.

Such a high profile venture only goes to the very best in the region and the pressure to deliver is always palpable. Learn more about DAMAC owner:

The fact that Hussain Sajwani managed to rein in his team and create an impeccable international golf course is testimony to both his leadership skills and the company’s dedication to quality.

The partnership that began back in 2013 plans to create two branded golf courses and related residential units in Dubai by the end of 2018.

The progress so far is amazing and DAMAC Properties can once again do something that will cement its position as the leader in the region’s residential real estate business. Read more: DAMAC Chairman Relishes His Roots | The National

In order to give back to the society, DAMAC Properties is involved in a couple of philanthropic activities. The most notable is the AED 2 million donation to the clothe a million children campaign. Dubbed the Ramadan Initiative, the campaign is focused at alleviating the suffering of homeless and poor children in different regions of the world.