Hussain Sajwani founded Damac Properties, a residential Real company, in 2002. He saw it viable to start a real estate company after the government of Dubai started allowing visitors to own property such as homes and other building in the emirate. According to him, the main buyers of the apartments would be non-Emiratis. After Hussain had purchased a piece of land in an undeveloped location, he built a 38-story residential building. The amazing thing is that he managed to build and sell all units in the building within six months. This great achievement kick started his investments. For a long time, Hussain Sajwani has been playing a significant role in transforming the image of Dubai to the rest of the world.
At the beginning of 2013, in an article published at Roayah News, it says that Hussain Sajwani had a business agreement with Donald Trump where they would collaborate in real estate development projects in Dubai. They thus teamed up to build the renowned Trump-branded golf courses. The International Golf Course located in Dubai was officially opened in February 2017. It is worth noting that the Golf course was designed by the world-famous Tiger Woods. Trump has a lot of respect for Damac owner because he refers to him as an amazing individual who is ready to transform Dubai while working with like-minded people. Donald Trump, during a press conference, thanked the Damac Properties owner for giving him a $2 billion real estate deal. Trump confirmed that he would work with Hussain Sajawani even after he goes into office as the U.S president. Hussain Sajwani family and Trump do not only relate well as business partners but also as family friends as demonstrated by the New Year’s Eve celebration at Trump’s places.
Damac Properties delivers leisure, luxury residential homes, and commercial properties in different parts of Dubai. The company has also expanded its investments to other regions such as the United Kingdom, Lebanon, Jordan, Qatar, UAE, and Saudi Arabia. Damac Properties has so far delivered more than 18, 500 homes with approximately 44, 000 units. Damac Company also manages an estimate of 13, 000 hotel rooms’ hotel villas and serviced hotel apartments. Hussain Sajwani still owns a food service firm that is also a major source of income to his family. With an experience of fifteen years in the Real Estate industry, Damac Properties has become the leader in delivering luxury destinations and bespoke homes in Dubai.