Hussain Sajwani is the founder and owner of DAMAC Properties. He founded the firm in the year 2002 and became its chairman while controlling the majority shares. Hussain Sajwani created DAMAC Properties with the aim of making it a luxury real estate management and developer that provides unequaled living standards in the entire Dubai, the United Arab Emirates.
DAMAC owner, Hussain Sajwani, has helped the firm to expand to become one of the most prominent luxury developers in the region. The DAMAC Properties has its projects in the GCC, the United Kingdom, and the Wider Middle East. The firm had created a reputation in the region for its ability to design and constructing quality and attractive properties for its clients.
Nine Elms Property Limited
Nine Elms Property Limited is a venture that was created by a partnership between DAMAC International Company Limited that controls 80% of the business and DAMAC Properties Dubai Co PJSC that has 20% of the venture assets. Nine Elms Property Limited is the developer of AYKON London One. On completion, the property is expected to be among the tallest residential structures in London. It is also set to be the most prestigious construction in the region.
Hussain Sajwani also uses his company, DAMAC International Company Limited to secure a partnership to redesign and redevelop Mina Al Sultan Qaboos. He partnered with the Oman Government Tourism Promotion Arm and the Omran. The property is anticipated to become $ 1 billion incorporated tourist center. It will also become a lifestyle spot with various amenities such as Hotels, dining, residences, leisure offers, and retail.
Hussain Sajwani is the sole owner of AYKON Maldives Resort through DAMAC International Company Limited. The property is located in the island of the Maldives Archipelago. The quality design consists of a five-star resort hotel that offers more than 100 amenity suites, water villas, and bungalows. The hotel is set to provide high-quality services amenities such as world-class fitness, spa, and dining facilities. It will also be the home of various entertainment facilities such as swimming and sports. Hussain Sajwani is a renowned entrepreneur in real estate. He sees opportunities in places that people take for granted. See Sajwani’s profile here.