DAMAC Properties was founded in 2002 by Hussain Sajwani. The company specializes in residential, leisure, and commercial development in Dubai and the Middle East. Since its creation, DAMAC, has become the leading luxury developer in the region and has properties in the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, and the United Kingdom. Additionally, they have built over 20,200 homes and currently has a development portfolio of over 44,000 units in the development and production stage, which includes 13,000 hotel rooms, services hotel apartments and hotel villas.
DAMAC Properties’ top priority is to deliver dream homes and unique living concepts to customers around the world. No matter the project, whether it be helping a couple chose a family home or a large investment firm choosing their next investment property, DAMAC takes great pride in its dedication to excellent service.
Hussain Sajwani graduated from the University of Washington; after which took a position with GASCO as a Contracts Manager. It didn’t take long for Sajwani to determine that he wanted to work for himself, so in 1982 he started he own catering business. Today, his catering business is a leader in the industry and serves over 150,000 meals per day throughout the Middle East, Africa, and the CIS.
In the 1990’s there was a mass influx of people traveling and moving to Dubai who were conducting business and trade; Sajwani saw a need and therefore an opportunity for success and built a number of hotels in the area. It was at this point that Sajwani saw the great potential in the industry and created DAMAC Properties.
Hussain Sajwani and DAMAC have created a unique business relationship with President Donald Trump and with Trump Organization. In fact, DAMAC is credited with building Trump International Course Dubai. Outside of business, the Sajwani family and the Trump family are dear friends. Hussain Sajwani’s wife and Ivanka Trump talk regularly through phone and email conversations. The Sajwani family was also invited to attended President Trump’s Mar-a-lago New Year’s Eve party, where he, President Trump, spoke directly about the Sajwani family calling them “the most beautiful people.”