Hussain Sajwani is a renowned businessman in the UAE. He has vast interests in the real estate industry. The real estate developer founded DAMAC properties back in 2002 in order to take advantage of a decree issued by the Dubai government allowing foreigners to own property. The DAMAC owner realized a huge market for apartments as a lot of non-Emiratis would take advantage of the decree and buy apartments. Sajwani went ahead and purchased a land that was in an under-developed area and proposed to develop a 38-story residential building. His idea paid off as he managed to sell off all the units in under six months even before the actual construction started.
Starting Off and His Relationship with President Trump
Hussain Sajwani started off his business career in the food business, which is still part of the DAMAC group up to date. He was contracted to provide food for a number of high profile clients among them the U.S. Army during the operation Desert Storm. He also worked with the Americans in various other parts of the world like the Gulf, Bosnia and Somalia. Another notable client was Bechtel, a large American organization. Afterwards, he ventured into the real estate industry. In the course of his entrepreneurship he has forged networks with other like-minded businessmen among them the current US President, Donald J. Trump.
President Trump is a friend to the Hussain Sajwani family as they have attended parties together and invested together. Hussain Sajwani and President Trump have through their companies, DAMAC properties and the Trump Organization respectively, partnered in the development of the Trump International Golf Course in Dubai. The golf course is found at the Akoya residential development owned by DAMAC.
Billionaire Hussain Sajwani is well known for his philanthropy work. He contributes generously to a number of noble and worthy causes. Recently, he chipped into the campaign initiative of clothing one million children in the world who are deprived of this basic necessity by donating AED two million. This Ramadan initiative was initiated by Dubai’s prime minister and ruler. Hussain Sajwani continually supports such initiatives in order to improve the livelihood of many deprived people around the world.
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