Entrepreneur and Real Estate Guru- Hussain Sajwani
In 2002 DAMAC Properties was founded by Hussain Sajwani who is the principal shareholder and also the Chairman of the organization. DAMAC Properties was incepted as a real estate developer with a primary purpose of delivering their quality real estate services to Dubai; United Arab Emirates. Ever since the foundation of the firm, it has grown to be a leading real estate organization, and they have not only been distributing their services in Dubai but have expanded to the United Kingdom and the broader Middle East. The management team of the construction and the real estate company is passionate about design, and they have created iconic structures in the region.
To even serve their clients better DAMAC Properties have been working hand in hand with other organizations as their subsidiaries among them Nine Alms Property Ltd. According to watanserb.com, DAMAC Properties owns 80% of the company, and the 20% is owned by Nine Elms Property Limited. The company has made a name for themselves for the development of one of the tallest and most prestigious residential building in London; AYKON London. Hussain Sajwani has a flagship investment arm known as DICO Investment Co LLC. The company was founded in 1992 and has been operating in four core areas including debt instruments which as distributed by banks and regional organizations, strategic holdings, long-term investment in fast-growing banks, and ownership in a subsidiary in the growth sectors.
Hussain Sajwani is a leader who over the years has shown positive leadership skills, and he serves As the Chairman of Al Anwar Ceramic Tiles Co. SAOG. The ceramic tiles firm was established in 1998, and it is the only company that manufactures ceramic tiles in Oman. Mr. Sajwani has also invested in Al Aman Building Material Company LLC. The building material company has a history of producing quality construction materials among them floor, bathrooms, and surface finishes. Sajwani is a billionaire and a developer who is based in Dubai. The prominent investor was born in an entrepreneurial family, and from a young age, he was involved in business helping his father in his shop. After his high school, he got an opportunity to study in the United States of America when he got a scholarship to join the University of Washington to study Industrial Engineering and Economics. Hussain continues to make significant changes in the real estate industry.
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