Achiements of Hussain Sajwani

Hussain Sajwani is a seasoned entrepreneur who has positively impacted the global real estate sector. He is the founder and the CEO of Damac Properties located in the Middle East and the US. Hussain Sajwani has been a common name, and this is as a result of the creating a unique business model that overcome the 2008 global financial crises. He attributes his knowledge and interest to his father who took him to his shop every day after school. As a result, he becomes conversant with how to identify the business opportunities and to grab. Hussain Sajwani according to Forbes is the tenth richest Arab, and he is estimated to be worth $ 3.7 billion. In 2017 his company that is Damac Properties was the fourth largest corporation, and the main competitor by scale was Emaar. As a result of the financial muscle, Damac Properties has been able to initiate projects such as Akoya Oxygen at the cost of $6.5 billion and its 55 million sqft. Beside the above project, there is another mega Damac Hills that will contain more than 10000 units.

Despite the financial crises of 2008, Hussain Sajwani, the DAMAC owner, was able to pick the pieces and rebuild a new empire after collapsing. Currently, he has built the Trump golf course that contains luxury villas lining the greens among other unique features. His meteoritic rise in real estate began in 1982 when he returned home from the US where he completed his degree in University of Washington. The first Sajwanis venture in property was back in 1996 where he constructed five three-star hotels in Deira. Damac Corporation is now listed on London stock exchange making it become more competitive. Hussein Sajwahi and The President of The United States of America have a close relationship making it possible for American people to question how Trump will not be conflicted in decision making. Before being elected as the president, Trump invested in real estate through his Trump Organization that Sajwani aims at engaging in doing business. The two real estate investors have collaborated on the Trump International Golf Club where villas were sold for more than two billion dollars. He is also involved in engaging in charity work where he donates his resources to improve the living condition of the needy.

Additional Info: http://www.arabianbusiness.com/the-world-richest-arabs-2014-574217.html?view=profile&itemid=574179#.WHgeI2QrIUs