Hussain Sajwani Shows Raises The Value Of The Middle East Real Estate Market

Hussain Sajwani, DAMAC Owner, was born in the Middle East but later moved to the USA for further education. He studied at the University of Washington where he graduated with a degree in economics and engineering. The academic attainments have been essential in the making of investment decisions. After the completion of the studies, he moved back to Middle East where he served as the Manager of GASSACO. He was instrumental in pushing the operations of the Abu Dhabi National Oil Company to new regions. However, he later resigned and ventured in business through the creation of the Global Ventures logistics. The firm has an interest in the hotel sector. However, DAMAC owner breakthrough came in 2002 when he created DAMAC Properties.

The product portfolio of DAMAC Properties includes hotel villas, hotel apartments, and hotel rooms. Properties offered by the company come with unique designs and financing options. The success of the group saw it being listed in Forbes List as one of the fastest growing organizations in 2016. DAMAC Owner has created a positive organizational culture and a well-trained team. The group has a global stance, and its products attract a huge client base. Hussain Sajwani ensures that the interest and views of the clients are considered during the development processes. Since its creation, the group has successfully delivered more than 20, 000 units to clients. Moreover, more than 40, 000 units are undergoing construction.

Hussain Sajwani exhibits mastery of exceptional business and investment skills. Since completing his studies at the University of Washington, he has seen the smooth running of different organizations. Hussain Sajwani studied economics and engineering. The areas offer him a competitive advantage in making businesses and investment decisions. He is the chairman and founder of DAMAC Properties. DAMAC Owner was born and brought up in the Middle East, Emirati. However, he later relocated to the US for further studies. Hussain Sajwani is the fourth richest entrepreneur in the Middle East. Most of his wealth can be traced to the success of DAMAC Properties which has interest in the luxury real estate sector.

Article source: https://www.eremnews.com/news/arab-world/gcc/906780

Here’s The Article To Learn More About DAMAC Owner Hussain Sajwani’s Recent Engagements

DAMAC owner Hussain Sajwani has never been busier. He has a lot of engagements today especially after building networks, associations and projects with new influential people in his circle. One of these networks with the United States President Donald Trump. DAMAC owner Hussain Sajwani had already built a relationship with the United States as he was starting his catering company way back when he was still starting as an entrepreneur. But the business portfolio of DAMAC owner Hussain Sajwani doesn’t stop there. His work spans across social work and other diversified investments in the field of real estate and property development.

It is even detailed in the business portfolio of Sajwani found in his official website that DAMAC is involved in a lot of new, exciting luxury projects. DAMAC is expanding. DAMAC is treading paths that had not been explored before. Uncharted territory is always a source of excitement to Sajwani, and with the projects of DAMAC expanding in United Arab Emirates and United Kingdom, more can be expected from Sajwani’s leadership.

In terms of investment, the most forward-thinking project of Sajwani’s leadership is the DICO Investments Co LLC. It is his flagship investment channel that had been established in 1992 with a total asset worth of about AED 3 billion that is spread across the regions that DAMAC is investing in. It may even be added that such income had been spread around strategic holdings and long-term investments in high-rising banks.

It may also be said that Sajwani’s educational background came from the University of Washington, after which he began his career by being the Contracts Manager in GASCO, which was a subsidiary of Abu Dhabi National Oil Company (ADNOC). On 1982, he finally found the courage to start his own catering venture. And then from there, the rest is history. Over the years of working for DAMAC and his projects, Sajwani has been able to gather all the know-how in the field of property development, marketing, sales and legal finance. With those years of experience, Sajwani is now considered to be a leading expert in the field of bringing the best, profitable and even luxury residential properties to various clients.

More info here: https://dubai.dubizzle.com/ar/property-for-sale/residential/apartment/in/dubai-marina/63/at/damac-heights/377/nullnull

Hussain Sajwani-DAMAC Founder

Introduction

Hussain Sajwani’s dad a self-made entrepreneur. His father had a store where he sold various retail items including shirts, Parker pens, clothing, and other retail items imported from China, Sajwani’s father was one out of the first students to obtain a government-sponsored scholarship. He earned a bachelor degree in Industrial Engineering and Economics from the University of Washington. After being raised by his father, and his father’s entrepreneur’s successful background, Hussain Sajwani was bound to be a successful entrepreneur.

Meet Hussain Sajwani-DAMAC Owner

As mentioned in elmawkefalarabi.com, Hussain began his career in 1981 working in the finance division of Abu Dhabi Gas Industries. Sajwani worked for the company for two years. In 1983, Hussain Sajwani founded and started his catering venture. His clients included the United States military services. Hussain Sajwani’s first successful venture has now been in existence over 30 years, now known as Global Logistics Services.

In 2002, Hussain Sajwani founded DAMAC Properties. His company, DAMAC Properties, has continued its stance as the most successful reality management businesses in the Middle East. DAMAC Properties significant developments include a golf course designed by Tiger Woods, Paramount Hotels, and Resorts, to name a few.

Last year, Dubai ‘s real estate market was dealing with the market that has seen falling rents and real estate property valves. Even in this disastrous real estate market, Hussain Sajwani company’s share price nearly doubled in share price. Last year, Sajwani ranked as the wealthiest billionaire in the UAE. Not bad for a country, who just last year was dealing with a weak real estate market!

Hussain Sajwani took advantage of Dubai’s explosive growth in real property valves in 2008. DAMAC took advantage of this growth and launched Damac Hills. Damac Hills, a vast expansive development that includes apartments, mansions, and golf courses. Just one year later, Hussain Sajwani developed the magnificent Akoya Oxygen, a 55 million square foot development, a residential, commercial and retail development.

Hussain Sajwani continues to crusade against current mortgage loans which require 25% of the property value to pay as the down payment. Sajwani’s feel the government regulations could create a soft reality market in the country. Sajwani continues his crusade for more advantageous payment plan issues for buyers.

Further reading: http://www.saudiprojects.net/

The Business Life of Hussain Sajwani

Real estate is a great business when one has the patience to see it happen as well as passion. Hussain Sajwani is among the pioneers of real estate in Dubai. He began the DAMAC Properties in 2002, which has since then turned the face of Dubai, CIS, and Africa. They deal with both the commercial and private development.

The customers of the DAMAC Company are very satisfied with the services they receive. The customer care they receive in the premises is equally satisfying. The success of the firm is attributed to the DAMAC Owner.

Like any other successful investor, Sajwani has a typical day that he follows. He begins his day by meeting his management team to know the progress of the firm. He spends the other valuable time in his business in meeting his business partners. He says that having a great network is crucial to his business.

Hussain Sajwani family and Trump’s family spends ample time together. This is due to the business partnership of Trump and Sajwani, which was nurtured during the establishment of the Trump International Golf Club. Despite Trump assuming the Presidential office, the business partnership will not be affected because Trump’s children are much involved in the business.

The way we bring our ideas to life is very crucial. This is because having unevaluated ideas is pointless. Sajwani says that his inspiration comes from visualizing how Dubai will look like in two or three decades to come. He says that although he makes calculated risks when he believes in an idea, he puts his mind there and does whatever it takes to bring the goals to reality. He says that for one to achieve success, they must shut down the spirit of fear.

He says that one habit that has contributed to his success is traveling. He says that traveling gives him the opportunity to learn new things. He also reads history and the lifestyle of the civilians because they are a lot of lessons one can acquire from the two.

Hussain is also a family and loves to spend time with his family. He is also a philanthropist and loves to give back to the community. His last donation was AED two million meant to help needy cloth children around the world.

Learn more about the Donald Trump of Dubai: http://www.forbes.com/sites/kerryadolan/2016/03/01/the-donald-of-dubai-hussain-sajwani-interview/#1b049a722f15

Hussain Sajwani paves the way for the development industry in the Middle East

Hussain Sajwani, the founder, and CEO of DAMAC properties is one of the most celebrated businessmen in the world. The business DAMAC properties that have helped put his name on the global platform was established in 2002 initially he worked on contracts, and this helped to develop his knowledge as well as the skills in the real estate industry.

However, before becoming a big name, Hussain had to go through several steps that would act as a solid stepping ground in his career. After completing school at the University of Washington where he did a degree in economics, Hussain embarked on business in the catering industry, from an early age Hussain had a plan, and he was more focused on venturing into business.

The catering business was established around 1982, the catering business has grown to supply meals in Africa as well as in Arab and has stilled remained a success to date. Some of the areas that the catering business supplies food include; learning institutions, construction sites, army camps as well as hotels.

This venture gave Hussain an opportunity to identify new business ventures, and he landed in the hotel industry, he recognized a need to provide accommodation for tourists, business people as well as locals in his country.

The DAMAC owner is identified as one of the inventors in the property development industry. Venturing into this business has also contributed significantly to his success in his work today when establishing DAMAC properties, Hussain planned to develop luxury apartments, five-star hotels as well as business premises for his clients.

This business has helped to employ many people; it is currently based in Africa, Saudi Arabia, and Jordan just to mention a few. On a London stock exchange, DAMAC properties were named as one of the pioneer companies in the real estate industry in the Middle East. Being one of the big names in the industry has contributed to its success. Also, the company has also worked on luxurious hotels with renowned names such as Tiger Woods as well as successful and experienced interior designers.

The DAMAC owner is a household name in business but is also known for his philanthropy, he is a giver and contributes to charity groups to help people attain their basic needs.