Hussain Sajwani: A Major Real Estate Developer

After college, he worked for GASCO, a subsidiary of Abu Dhabi National Oil Company, as a Contracts Manager. In 1982, he started his own catering business. His catering business served big-time clients such as the United States Military and Bechtel. Hussain Sajwani built several hotels in the mid-1990s to accommodate people from all over the world who were trading and doing business.

 

In 2002, Hussain Sajwani established a property development company by the name of DAMAC Properties. DAMAC has contributed to the Dubai’s development as a glittering, sought after destination. Around the time that DAMAC was established, Hussein bought undeveloped land in a part of town. He sold units in a thirty eight story building within the course of six months—before the building was a even built. Throughout the years, DAMAC built high end, luxury apartments with off-plan sales. Deals, such as “a Bentley for every unit sold” were given out to buyers.

 

In 2013, DAMAC made a deal with Trump to construct two golf courses that would be run by the Trump organization. These included Trump International Gold Course, which opened in February of 2017, and Trump World Golf Course, which will open late in 2018. Hussain Sajwani offered Trump a $2 billion real estate deal in Dubai, though Trump had to turn it down because he was becoming president of the United States. After he was elected president, Donald trump spoke highly of Sajwani, calling him “a very, very, very amazing man.” The Hussain Sajwani family and the Trump family have mingled with each other through social events.  To keep the integrity of Trump’s presidency, the Trump family is not engaging in formal or professional meetings with the Sajwani family—only social occasions.

Follow Hussain Sajwani on Facebook.

 

1 thought on “Hussain Sajwani: A Major Real Estate Developer”

  1. The DAMAC owner has ties with Donald Trump through business interactions and social gatherings. They have close friendships with each other, and they highly admire each other. Hussain Sajwani graduated from the University of Washington. That is also a nice way for Internet Biz Corner to harness all of this and still use it for what they know which would not be easy.

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