How Hussain Emergence a Real Estate Billionaire in Dubai

Hussain Sajwani is one of the billionaires in Dubai who deals with the real estate business. He was born in 1956 in Dubai and attended Washington University for his undergraduate degree in Economics. Although Hussain Sajwani family usually dealt with real Estate business, he decided to go his way. He joined GASCO as the manager after his studies.He left for Abu Dhabi National Oil company and later moved to start his food and catering service back in 1989.Due to the Iraq war by then, he was responsible for supplying the American Soldiers across the World with services. Fortunately, Hussain Sajwani got a contract with Bechtel one of Americans large enterprises where he was supposed to provide his catering services. There was also an increase in the population of traders in Dubai and Hussain build some mid-markets hotel to accommodate them expanding his business. The Dubai government by then passed a law allowing the foreign investors to own property and this prompted Hussain to change his business into real estate.

In 2002, Hussain Sajwani started DAMAC group, a real estate dealing with all categories of houses including commercial, residential and leisure homes. DAMAC group has all types of aspects it needs in the development starting with the acquisition of land, architects, the construction, advertisement, marketing, sales and after sale services. Hussain decided to venture into the real estate industry business by setting up the DAMAC group after seeing his families do well and also after the law on foreign investors. DAMAC group operates in Dubai and the Middle East with the headquarters in Dubai. DAMAC group has over 2000 employees as at the moment. The middle- markets hotels in Deira were a good foundation for the Damac owner to start his firm. Amazingly, Hussain Sajwani also provides food and catering services as a reminder of his first business and how he achieved by doing business with Bechtel.

Hussain and Donald’s Trump are two great friends and business partners in the real estate business. Hussain collaborated with Hussain in the construction and development of Trump International course Dubai. During Donald’s New Year’s Eve speech, Trump referred Hussain’s family as the most beautiful people from Dubai. Hussain’s visit shows that the two are close friends. Although Donald said that he was not going to get involved in business due to his political position, Hussain confirmed that Donald’s children would take over business responsibilities.

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