Hussain Sajiwani is a real estate developer who is a resident of Emirates. He founded the Damac Properties in 2002, a real estate development firm. The primary purpose that led to the founding of the Damac Properties in 2002 is to exploit the opportunity that allowed foreigners to own properties in the Emirates.
His key target customers are non-Emirate apartment customers. Immediately after acquiring a piece of land that was undeveloped in particular part of the town, he managed to sell the units in his first 38 stories residential building in a record time of fewer than six months before commencing construction.
Hussain Sajiwani has helped market Dubai as the glittering destination. He is commonly referred to as the Donald Trump of Emirates. In 2013, he developed two branded golf courses after teamed up with Donald Trump. The Trump International Golf Course Dubai was opened in February 2017.
It is located at Damac’s Akoya, the firms’ residential development area. The second golf course is the Trump World Golf Course; it is scheduled to open at a separate Damac development by the end of 2018. According to Donald Trump, Sajiwani offered him a $2 billion real estate deal that he turned down; Trump said this soon after he was elected as the 45th president of United States.
The Dubai real estate developer was brought up in Dubai in a middle-class business family. His father was a businessman with an outlet at the local area of Souk. He was selling watches, shirts, Parker pens and other good imported from China. Read more: Hussain Sajwani | Crunchbase
It is from his father’s shop that he learned the art of doing business; during most of his free afternoon, he would go to the store. His mother, on the other hand, went door to door in the neighborhood selling products to women. He recalls that the conversation during the dinner table was often based on the business.
Though Sajiwani is very successful real estate developer; he began his entrepreneur journey in the food service business. He still owns the catering firm to date, it is known as Global Logistics Services.
The company’s primary customers include the Bechtel, which is an American company, the military amongst others. Hussain Sajiwani has been a successful businessman due to his excellent business acumen, an ability that enables him to identify business opportunities.
Learn more about Hussain Sajwani Family: http://www.thenational.ae/business/industry-insights/property/damac-chairman-relishes-his-roots