Two of the most important players in the international real estate market have been working in conjunction to create one of the most important corporations the industry has ever seen. Real estate magnate and billionaire, Hussain Sajwani is the owner of the largest real estate developers in the Middle east and an important figure in making Dubai the paradise it has become.
The special alliance between The Trump Organization and DAMAC Properties has been a successful jaunt so far and there are mutual hopes for this to continue. The two powerful companies have cooperated successfully on the construction of the famous Trump International golf course. The project boosted prices for the luxury property villas in the region many of which carry price tags of $2 billion and more.
There have been many concerns of possible problems resulting from this cooperation in a region with so much recent turmoil. Yet the billionaire and DAMAC owner Hussain Sajwani has claimed to be nothing more than a successful capitalist with no vested interest in politics.
Hussain Sajwani has taken time and resources in the Holy Month of Ramadan to make contributions to children living in less than ideal circumstances. In an interview Hussain Sajwani had this to say about his recent contributions, “I believe that it is essential to the betterment of our local and global community that everyone focus on providing children with every opportunity for success.”
“The Hussain Sajwani family as well as DAMAC Properties have been and will continue to be loyal supporters of all the altruistic efforts of His Highness Sheik Mohammed but most importantly during the holy month of Ramadan.”
Hussain Sajwani founded DAMAC Properties in 2002 when a change in policy allowed for internationals buyers to take a piece of the Dubai markets. This was an opportunity to increase the value of land on a massive scale. His first project was an apartment complex that sold out before it had even been completed.
Since this time the property magnate has assembled a company of property developers greater than any else in the region. DAMAC Properties has changed the skyline of the Middle East forever.
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