Hussain Sajwani is known as one of the richest residents of Dubai and is listed by Forbes as well amongst the wealthiest people in the world. He has the net worth of over four billion dollars that continues to grow rapidly as his company Damac Properties continues to develop new properties in different parts of the world. Hussain Sajwani is a visionary, and it is his vision that has helped Damac Properties grow consistently and sustainably even in such a competitive market. One of the reasons why he has succeeded as a Damac owner is because he is not afraid to experiment and has made some highly luxurious and high-end projects with millions in investments, and managed to sell them off with profits.
According to Arabi21, Hussain Sajwani understands that modern and elite people are looking for something unique and innovative and doesn’t mind paying for it. Even as a successful businessman owning a catering business in the United States, he gained considerable success and managed to bag clients such as U.S. Military and Bechtel. However, after the boom that the real estate space in Dubai witnessed, he planned to pack his bags and move back to his home country. Hussain Sajwani saw a lot of opportunities to capitalize on in the real estate sector of the United Arab Emirates. It is why he made the first significant investment to buy an empty plot on the outside of the city and planned a beautiful and luxurious residential project there. It is this project that he managed to sell in just a couple of weeks and marked the beginning of his company Damac Properties.
As Damac owner, Hussain Sajwani is equally focused on giving back to the community and has a corporate social responsibility program in place. It helps in empowering local communities and improving the living standards of the low-income families. He is also one of the most significant contributors to the Royal Family’s charity fund in the country and recently announced one million AED in a donation to help children from low-income families get proper clothing in the country. Damac owner is focused on not only taking his business to new heights of success but to also give back to the community as a philanthropist.
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