In the early 2000s, the Dubai government issued an order allowing foreigners to own land in the nation. The government saw foreigners as the main consumers of apartments. Soon after, Hussain Sajwani would take advantage of this decree by purchasing land in an underdeveloped part of town. During the six months following, he would quickly sell his first 38-story residential building.
This was a step toward making Hussain Sajwani into the billionaire he is today and marking his legacy, DAMAC Properties. Now, DAMAC Owner, Sajwani is regarded as being the largest luxury private real estate developer in the Middle East. As of 2013, DAMAC Properties has completed development for over 9 million square feet of property in the Middle East. Hussain Sajwani has helped turn Dubai into a desirable paradise.
Formerly working in the food service industry, real estate was a different ballpark for Sajwani. He was no ordinary food service worker though. He was praised for his food service during the First Iraq War in 1991. Although Sajwani has moved on to bigger industries, his food service background remains in his portfolio.
Hussain Sajwani and the Hussain Sajwani family are no ordinary billionaires. They are compassionate and caring. They have provided charity to Emirates Red Crescent, a humanitarian organization.
In 2013, he wrote a check to this campaign to clothe a million deprived children around the world. This generous donation will provide clothing and warmth for many needy children. Learn more aboutHussain Sajwani Family: http://www.nbcnews.com/news/world/dubai-billionaire-hussein-sajwani-ready-do-more-deals-trumps-n695566
Hussain Sajwani has a profound history with current President of the United States, Donald Trump. Soon after President Trump was elected, he referred to Sajwani as “a very, very, very amazing man”. In 2013, Sajwani teamed up with Trump to build two Trump Golf Courses. To date, these luxury international retreats have generated over $2 billion in revenue. These two real estate moguls still have a close relationship.
After the President was elected, they spent New Year’s Eve together. Sajwani’s relationship with Trump extends to the Trump children as well. He has commented on how the Trump Children were very much involved with the business and they strive to keep their brand alluring.
Click the links below to read more: