Hussain Sajwani: Succesful Real Estate Mogul and Philanthropist

Hussain Sajwani began his career life as a Contracts Manager in GASCO, which is a subsidiary of ADNOC (Abu Dhabi National Oil Company). After his brief stint with GASCO, Hussain put together his own catering business in 1982. His catering business, today, is a market leader serving 150,000 meals daily in a spread of markets including those in Africa and the Middle East.

Being an early pioneer of property market expansion in Dubai, Hussain Sajwani built several hotels for the large amounts of people, in the mid-90’s, who were arriving in the emirate to conduct trade and business deals. In 2002, Hussain established DAMAC Properties, a residential real estate developer. By taking advantage of a Dubia government decree that allowed foreigners to own property in the emirate, he bought tracts of land in an undeveloped part of town and built up from there. His first sale of a 38-story residential building, before it was even built, was impressive and took place within six months of DAMAC’s creation.

Hussain Sajwani has had plenty of business dealings with Donald Trump and their history goes back many years. A lot of their ties have to do with Trump providing golf courses and golf related services as well as real estate building to DAMAC properties and real estate development clubs. For example, in 2014 the “Trump Estates” properties were unveiled, and it includes golf courses in an island community surrounded by exclusive homes. It is a community intended for those who appreciate the best in life and have no problem paying for it.

Hussain Sajwani is also a philanthropist who has donated millions to charitable foundations , such as, the UAE Red Crescent that helps refugees in need, and the UAECompassion campaign. He feels it is not only an honor but his duty to help those out who are in the greatest need. His humanitarian efforts have helped countless numbers of people to avoid suffering.

Hussain Sajwani studied at the University of Washington and received his Bachelor’s degree in economics. He has also sat as a member of the board of the Majan University College in Muscat, Oman. He now lives his life out in Dubai with a wife and four children.http://www.albawaba.com/business/pr/damac-needy-children-518106

 

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