In 1956, a champion was born in UAE. Many years later, he has revolutionized the designing and building of high-end residential buildings. The properties include serviced hotel apartments and luxurious hospitality plus branded real estate. This has been the passion of Mr. Hussain since he was at the University of Washington pursuing Economics at degree level. He worked as a manager at GASCO and in 1982 he decided to set up his own business.
Successful Career Story
His first business was Draieh Management Service Co (DAMAC) LLC, which later became what is today known as DAMAC Group. He also has investments in DICO Invest, Al Jazeira Services Co SAOG, and Al Ahlia Insurance Company. By rising as a business magnate, his influence in the real estate sector has gained global popularity. Today, he serves as the chairman, founder and Chief Executive Officer of DAMAC Group. He established the company in 2002 as an unrivaled luxury real estate firm serving clients in the United Kingdom and the Middle East.
Over the years, DAMAC Group has been specializing in exclusive designs, which include Tiger Woods Design, Bugatti, Paramount Hotels and Resorts and Versace. The company continues to work in Dubai but it extends its wings in other countries like Qatar, Saudi Arabia, Lebanon, and Jordan.
Relationship with Donald Trump
Previously, when Donald Trump was president-elect of United States, he made a statement about a $2 billion dollar deal he had to turn down. However, he said he did not have to turn it down but he wanted no conflict of interest. The deal had been offered by Hussain Sajwani who is the CEO of DAMAC Properties. In 2015, the business mogul had worked with Trump in developing a golf resort, which cost $10 million. Sajwani and his family also attended Trump’s New Year eve party.
A Heart of Philanthropy
Hussain has been engaged in philanthropic work around the world. In 2015, he donated AED 1 million to UAE Red Crescent in a bid to help refugees. He has also donated Dh 1 million to a campaign labeled ‘Yemen We Care.’ Other donations amounting to AED 1 million have been made to #UAECompassion campaign to support refugees.