The real estate landscape of Dubai is famous around the world for being one of the most elegant and highly advanced. Entire Dubai is dotted with high-rise buildings and skyscrapers, and it is particularly due to the efforts made by the leading real estate companies like Damac Properties. Damac Properties is one of the leading global real estate firms based in Dubai, which has developed hundreds of commercial and residential projects in Dubai and rest of the United Arab Emirates. Moreover, the company has its operations in other parts of the world as well, including in Riyadh, Jeddah, Beirut, South Africa, United States, United Kingdom, Qatar, Oman, and Saudi Arabia.
The company has been developing many different properties to meet the taste and requirements of the new age property buyers and investors, who are not only looking for value for money but something unique and different. Damac Properties is also well-known for its marketing strategies such as giving away Bentleys and Lamborghini with every apartment purchase, and more.
The owner of Damac Properties is Hussain Sajwani, who founded the company in 2002. Hussain Sajwani is listed by Forbes as the third-richest person in the UAE and has an estimated net worth of close to $3.8 Billion. Over the years, Hussain Sajwani has helped Damac Properties become one of the premier real estate developers in the Middle East. Hussain Sajwani is also interested in investing in the global equity markets and has a dedicated investment company named DICO Investments, which takes care of his personal and Damac Properties’ investments.
Damac owner understands that to survive and sustain in the fast-paced and competitive real estate market, local and international collaborations with other leaders in the real estate market is essential. Hussain Sajwani knows Donald Trump, owner of Trump Organization well and have collaborated with him on a variety of projects in the past, and their respective companies continue to work together on real estate projects. Hussain Sajwani family also knows the Trump’s family well and are seen spending quality time together at many of the international events and forums. Hussain Sajwani has helped Damac Properties become one of the most trusted names in the real estate sphere of the world.
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