Life in Dubai: How Hussain Sajwani Became a Self-Made Billionaire

Hussain Sajwani is a self-made billionaire from the United Arab Emirates. He is the founder current chairman of DAMAC Properties, an international real estate property development company based in Dubai, UAE. Prior to DAMAC Properties, Hussain Sajwani used to work as a contract manager in the financial department of GASCO, now known as ADNOC Gas Processing, back in 1981. Shortly after, he started a catering business in 1982. His catering business attracted large clients like the U.S. military and large corporations. Today, it is now known as Draieh General Trading and it serves approximately 150,000 meals on a regular basis to many locations in Africa and many areas in the Middle East.

 

Hussain Sajwani launched DAMAC Properties in 2002 after taking a general interest in Dubai’s real estate industry. There was an increase of foreigners after the Dubai government passed a decree that allowed non-emirates to purchase land and property within the emirate, Sajwani had quickly seen an opportunity he couldn’t miss. DAMAC’s first project in Dubai was a luxury residential building that was 38 stories high. The apartment had buyers before it even started its construction and soon the units sold out. Its overwhelming success was just the beginning for Hussain Sajwani and his DAMAC Properties. It has grown to become one of the largest property development companies in the whole Middle East.

 

The company has completed over 20,000 residential projects since 2002. They have since worked with major brands for various luxury projects including Fendi, Bugatti, Versace and Paramount Pictures. In 2013, Hussain Sajwani and his friend Donald Trump had join forces to build several luxurious golf courses set in Dubai. They have recently opened the Trump International Golf Club in 2017 and they’re scheduled to open the Trump World Golf Course in late 2018. The Trump World Golf Course has a special course exclusively designed by professional golfer Tiger Woods. Sajwani continues his partnership with the Trump Organization. In June 2017, the President’s second-eldest son Eric Trump, had invited Sajwani to an inauguration of a new golf course in Scotland. During the visit, the pair mostly discussed business involving the Trump-branded courses in Dubai.

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