Hussain Sajwani is a prominent businessman and entrepreneur, who founded DAMAC Properties and DAMAC Group in 2002. Under his leadership, the company has become one of the largest property development companies in the world, undertaking projects in major cities such as Riyadh, Miami, Dubai, Amman, Beirut, Abu Dhabi, Doha, Jeddah, Toronto, and London. Through his vision and strategic thinking, Sajwani has successfully expanded the business to multiple countries and diversified the company’s offerings, making it a leading player in the global real estate industry.
Hussain Sajwani’s early life and Journey
Hussain Sajwani was born in 1954 to a conservative, middle-class family. He began his career in the food services industry, catering to clients such as the US military and construction company Bechtel. In 2001, Sajwani ventured into real estate and quickly found success, selling units in a residential building. In 2013, his company DAMAC partnered with former US President Donald Trump to develop two Trump-branded golf courses in Dubai.
Hussain Sajwani, the Dubai-based billionaire, has a keen interest in marketing and is known for his unique promotional strategies. One such example is offering free Lamborghinis to his clients and buyers. In addition, he has co-branding deals with luxury brands like Versace and Bugatti to enhance the prestige of his company, DAMAC Properties, in the market.
Hussain Sajwani’s career
Hussain Sajwani began his career in the finance department of Abu Dhabi Gas Industries in 1981. However, he discovered his interest in the catering sector and started his own venture, which catered to clients such as the US military and Bechtel. In 2002, he founded DAMAC Properties, which is now one of the largest property development companies in the Middle East. Since its establishment, DAMAC Properties has reportedly delivered around 27,400 homes. The company also launched its hospitality division in 2011.
In 2022, Hussain Sajwani acquired De Grisogono and announced two collaborative development projects in Dubai.
Hussain Sajwani’s family
Hussain Sajwani has four children who reside in Dubai. His son Ali Sajwani graduated with a degree in economics from Northeastern University in Boston and is currently serving as the general manager of operations at DAMAC Group.
Amira Sajwani is the Managing Director of Sales and Development at DAMAC Properties, where she oversees the sales and marketing strategies for the company. In addition to this role, she is also the founder and CEO of PRYPCO, a luxury lifestyle company that offers bespoke concierge and lifestyle management services. Amira Sajwani earned her Master’s degree in Finance from the London School of Economics.
Hussain Sajwani’s net worth
According to Forbes, Hussain Sajwani has an estimated net worth of $4.5 billion.
