Hussain Sajwani – Real Estate Tycoon and Philanthropist

Hussain Sajwani is one of the most prominent real estate developers in the United Arab Emirates, based in Dubai. As the founder and Chairman of Damac Group, Hussain Sajwani is amongst the most successful businessmen as well as real estate tycoons across the globe with the net worth of more than $3 Billion. Hussain Sajwani is not only involved in the real estate business but is also keenly interested in the global stock markets and has invested heavily in several stocks over the years. DICO Investment is a private investment firm that Hussain Sajwani has set up primarily to look after his investment and find out new investment avenues that are lucrative and has the scope of growth in the future.

Hussain Sajwani always wanted to become businessman from the very beginning and comes from a middle-class family. After completing his high school in Dubai, Hussain Sajwani moved to the United States to complete his graduation where he joined an oil and gas firm named GASCO after the completion of his studies. However, soon after he quit his job to form a catering firm that went on to grow at a massive pace in a very short span, and even served clients like Bechtel and United States Military. Also, though his catering business was growing at a rapid pace, he moved back to Dubai after witnessing that the real estate sector in the country is growing at a rapid pace.

Soon after moving to Dubai, he acquired a plot of land and developed a luxury residential complex, which he managed to sell off within six months, even before the construction began. It is how Damac Group started and is amongst the most powerful real estate firms in the United Arab Emirates. Damac Group has so far constructed more than 16,000 homes; collectively delivering more than 44,000 units to the customers. Hussain Sajwani is DAMAC owner, also well acquainted with Donald Trump, the President of the United States. The real estate companies of both Donald Trump and Hussain Sajwani have partnered to develop golf course cum residential complex in Dubai. Apart from being business partners, Hussain Sajwani and Donald Trump are also friends.

 

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