The real estate sector offers lucrative investments and high capital gains on the investors’ resources. While there have been significant growths in the industry, the luxury real estate sector remains unexploited to the required levels. However, Hussain Sajwani has continuously embarked on significant developments in global destinations to transform the luxury real estate sector. Hussain Sajwani is the chairman and founder of the DAMAC Properties. The Company has its headquarters in the Middle East and is committed to offering high-end products. DAMAC Owner has high regard for quality and unique designs. DAMAC properties venture was created in 2002 and has registered significant growth.
Through an evaluation of its past revenues, the Forbes named it as the fastest growing venture in 2016. DAMAC Properties has projects in areas such as the United Kingdom, Lebanon, Qatar, Dubai, Jordan, and other countries. The high-end products are situated in prime areas and major global destinations. DAMAC properties offer products such as furnished hotel rooms, hotel apartments and hotel villas. Its residential, leisure and commercial properties have won many awards in the Middle East. Currently, DAMAC owner has managed to deliver more than 21, 700 units. On the other hand, there are more than 44, 000 units that are undergoing developments. The investors have the option of choosing from a broad portfolio of services and products. In many global destinations, there are options such as financing options, stable legal frameworks, improved rental yields, and other benefits.
Early Life, Education, and Career of DAMAC Owner, Hussain Sajwani
Hussain Sajwani was born in the Middle East, Emirates but later migrated to the USA. He is graduate in economics and engineering from the University of Washington. After his studies, he moved back to the middle east where he worked as the manager of the GASSCO which is part of the Abu Dhabi National and Oil Company. However, he resigned from the managerial position and ventured into the catering and hotel industry. He created the Global Logistic Venture which offered different catering hotel services in the region. He later created DAMAC Properties in 2002. He can be defined as a committed, innovative and passionate leader and adheres to strong work ethics.