Hussain Sajwani may not be a household name around the world but for those who are in the know about the luxury real estate sector, there are few names as famous in the 21st-century. Through his own work and the projects, he has completed alongside some of the most famous real estate moguls in the world, the DAMAC Properties owner has become one of the most respected developers on the planet. The success of Sajwani and his family in developing the real estate sector around Dubai and now some of the world’s leading capitals has led to him giving his opinion on the state of the world to global leaders at the annual DAVOS event.
Originally, Hussain Sajwani had decided upon a career in the oil and gas exploration community but found himself drawn to entrepreneurial ideas after beginning his career in the contracts department of the Abu Dhabi Oil and Gas Company. After identifying a gap in the market for catering services, Sajwani developed a business he still operates for workers in the oil fields of the Middle East and Africa. Eventually, the DAMAC catering services division proved such a success the U.S. military contracted the business to provide food for soldiers during the Gulf Wars.
In 2002, DAMAC Properties was established following a change in property ownership laws in the United Arab Emirates allowing foreign nationals to own property. After achieving success in the Dubai-based real estate sector, Hussain Sajwani decided to expand his reach into some of the world’s great capitals including Jordan, Qatar, and London where the AYKON One Tower is currently under construction overlooking the River Thames. The London project is the latest to take on the business partnerships which have become a trademark of DAMAC Properties since Dubai linkups with the Trump Organization and Bugatti. In London, the latest partnership being marketed is with Versace Home which is set to design the interior of the planned tower.