Hussain Sajwani is the founder and chairman of DAMAC Properties, a real estate development company. It was established in 2002 and it one the Middle East’ largest. It has developed 19,000 apartments and it more than 44,000 units under development. It was publicly-listed in 2015. It developed a golf course designed by Tiger Woods that is managed by the Trump Organization. It developed luxury apartments, luxury villas, and Paramount Hotels and Resorts. Forbes ranked DAMAC as one of the fastest growing global companies in 2017. Golf Business placed Hussain Sajwani in the top 100 globally influential Arabs in 2017. He was ranked the fourth richest Arab by Forbes in 2018.
Hussain Sajwani is a UAE National. His father owned a shop where he sold shirts, Parker pens, watches, and Chinese goods. Sajwani received a government scholarship and was sent to the US. He attended the University of Washington to earn his bachelor’s degree in Industrial Engineering and Economics. In 1981, he first worked as a Contracts Manager for Abu Dhabi Gas, a subsidiary of Abu Dhabi National Oil Company. He started his own catering venture in 1982. The venture is currently known as Global Logistics Services. It serves 150,000 meals every day and it is managing over 200 projects in the Middle East, the CIS, and Africa. Sajwani invested in the Aykon London One Tower in Nine Elms.
Hussain Sajwani lives in Dubai with his wife and he has four children. Ali Sajwani, his son, is DAMAC Group’s general manager of operations. The Arabian Business Achievement Awards 2017 named Ali one of the Middle East’s Future Stars. At the CEO Middle East Awards 2017, Hussain Sajwani was awarded Property CEO of the Year and ranked number 15 for hotelier power. He was named Real Estate Legend at the Arabian Business Real Estate Awards in 2018.