Established in 2002, the company named “DAMAC” has seen fortunate years of great success and wealth. The property development firm which is based in Dubai in the United Arab Emirates has listed multiple properties on the “Dubai Financial Market”. The company has managed to complete and present a number of its mixed-use, commercial, and residential projects that have spanned across the United Arab Emirates, Saudi Arabia, Qatar, as well as Jordan, Lebanon, and even the United Kingdom. The company was the first to be listed on the London Stock Exchange as a Middle East real estate company. Their website presents numerous villas, hotels, and other building properties.
The outstanding achievements made for the company have been done in part with the help of “Hussain Sajwani”, the founder and chairman of DAMAC properties. The various investors and business savvy individuals all have phenomenal backgrounds that show their adventurous attitudes and commitment to their business, and Sajwani is no different. As a graduate from the “University of Washington”, he began as a contacts manager in Abu Dhabi National Oil Company’s subsidiary “GASCO”. After a successful starting career, Sajwani ventured on in pursuit of a successful business he could call his own.
With any sprouting company, DAMAC Owner Sajwani surely faced some great successes and possibly some downfalls, and this is proven with a humble beginning in the first stages of his company. As time progressed, DAMAC continued to service many other companies and organizations in the UAE as it proceeded to service construction campsites, army caps, educational institution, hotels, villas, and houses, as well as various commercial sites. Even off-shore locations. With a partial reliance on his company, Sajwani was considered a pioneer of property expansion in Dubai because of his ability to keep up with this high demand. He managed the construction of several hotels for the growing community of the United Arab Emirates in the mid-90’s.
Because of such a substantial education, Sajwani is highly proficient in his studies of property, finance, sales, marketing, property development, as well as administration. Sajwani’s DAMAC corporations have overseen a brilliant number of cities which it has done business in for extreme projects. Particularly in the Middle East, these cities include Jeddah, Riyadh, Amman, Beirut, London and a few others.
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