Hussain Sajwani started out his business empire by offering U.S military food and catering services. In 2001 he shifted gear and joined the luxury real estate business.
Hussain Sajwani formed Damac properties, a company associated with the development of eye-catching and glitzy properties. He did his first project of developing hotels in Deira, and it overcame the global crash to later emerge as a global company developing glitzy development.
According to Hussain Sajwani, Damac owner believes in three model principles that make it flourish. First, they pay full price for their lands, second they use independent escrow accounts with each development supports itself, and lastly, the firm holds cash reserves’ in government’s bonds and fixed deposits. Learn more about Hussain Sajwani: http://www.forbes.com/sites/kerryadolan/2016/03/01/the-donald-of-dubai-hussain-sajwani-interview/#1b049a722f15
Hussain Sajwani is well renowned for his extravagant marketing that includes giving free Lamborghinis to his apartment buyers.This strategy is believed to be one of his key business tactics. He is associated with having co-branding deals with Bugatti and Versace.
Damac has a healthy working relationship with various companies from American, Bosnia, the Gulf, and Somalia.
In 2013 Damac through Sajwani teamed up with the real estate firm of Donald Trump to develop two most fantastic golf courses that are Trump-branded in Dubai. It’s believed the two tycoons are planning for more future business deals. Read more: Hussain Sajwani | Facebook and Hussain Sajwani | Forbes
Hussain Sajwani supported the Ramadhan initiative launched by the prime minister and Vice president of UAE where he handed out a cheque of two million AED to help cloth millions of deprived children globally.
The contribution through Damac properties is the company philanthropies support to Dubai government and their effort to improve the living standards of different children globally.
The donation will help to provide warm clothes to at least 50,000 children, and the clothing campaign foundation started in 1983 with Emirates Red Crescent spearheading the campaigns.Hussain Sajwani- is undoubtedly flourishing in real estate business