Hussain Sajwani is the CEO and chairperson of DAMAC Properties. He established the company in 2002 with the aim of solving the housing crisis and enhancing luxury in real estate in Dubai and other nations. Since its founding, DAMAC Properties has recorded multiple achievements leading to its massive growth.
The main aim that led Hussain Sajwani to launch DAMAC Properties was to make it the leading developer of luxury real estate apartments and to compete effectively with other companies. The company strives every day to ensure that all their clients have dream homes that are comfortable for their family members and friends.
History of DAMAC Properties
It is part of the great DAMAC Group that was founded in 1992 by an intelligent business person and philanthropist Hussain Sajwani. DAMAC Properties started its operations in 2002. In December 2013, DAMAC got listed on the LSE, which is the London Stock Exchange. Learn more about Hussain Sajwani: http://www.forbes.com/sites/kerryadolan/2016/03/01/the-donald-of-dubai-hussain-sajwani-interview/#1b049a722f15
. After operating for several years, DAMAC Properties got listed on the DFM (Dubai Financial Market) on 12th January 2015. Hussain Sajwani, its Chairman, was happy because of this achievement.
The Projects of DAMAC Properties
Hussain Sajwani boasts many accomplishments of the company. Some of its commercial and residential projects located in Qatar, Abu Dhabi, Saudi Arabia and Dubai have won numerous awards. DAMAC Hills, located in Dubailand, is among the best golf community developments in the world.
Apart from investing in real estate, DAMAC Properties has numerous investments in the field of hospitality. The company owns the DAMAC Hotels and Resorts. These are luxury services villas, restaurants, and hotel apartment complexes. They are under many brands, including the AYKON Hotels and Resorts and DAMAC Maison Royale Hotels and Resorts.
The renowned investor, Hussain Sajwani continues to invest in other nations, including in the United Kingdom and the USA. He has signed multiple deals with the United States of America President, Donald J. Trump, and other leaders. They have attractive hotels and apartments in Dubai.