DAMAC, Dubai controls a sizeable stake of the lucrative ME real estate market. Its founder is a charismatic billionaire business person, Hussain Sajwani. Hussain, 57, started building his business empire, many years when he ran a small catering business. In 1991, the Desert Storm war broke out in neighboring Iraq and American troops flooded into the region. Hussain’s company applied and got an exclusive tender to supply the stationed American troops with food and other essential commodities.
The catering job saw Hussain travel to far-flung corners of the globe with the warring American machine. Today, DAMAC is renowned not in Dubai, but in Lebanon, Tel Aviv, Iran, and Jordan for the development of high-end luxury condos, apartments, stand-alone homes, villas, hotels, and malls. Unbelievably, if you buy a condo worth over a million dollars from Damac Properties you’ll be rewarded with a Bentley car. How cool and impressive is that? Great job Hussain Sajwani.
Trump and Sajwani
Hussain Sajwani, CEO of DAMAC became a hot and trending topic of discussion in the mainstream media in the 2016 US Presidential Elections. Trump made a sizeable chunk of his immense wealth trading in the vibrant Dubai property sector. What many people fail to realize, however, was that without reliable on-the-ground Realtors like Hussain Sajwani, the Dubai property scene would have forever remained a preserve of the Dubai locals. Sajwani is one of the revolutionary figures who made it possible for foreigners to start enjoying owning properties and other investments in this particular part of the world. From that point on, the UAE investor and philanthropist, Hussain and Donald Trump, President of the US, remained the best of friends.
Trump Golf Course in Dubai
In honor of this lifelong personal and professional friendship, Trump rewarded the Hussain Sajwani family with a rare invitation to help the president and his family to usher in the New Year. Hussain, the wife, and the kids attended the event that drew in the inner circle of the new president of the free world, Trump. In his appreciation speech, Trump singled out the Sajwanis’ referring to them as, ‘very special people’ who’d stood with him and Melania for years. That statement was more than enough evidence to everyone that Trump, or his empire, would still continue to chase investments in the region. It didn’t take long for the Trump Organization to complete work on a gated community project that included a signature golf course by DAMAC and Partners.
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