One company has had a significant impact on Dubai’s skyline: DAMAC. Its owner, Hussain Sajwani, has established a reputation for both himself and his company while also playing a role in Dubai’s built environment more so than any other property development company.
DAMAC was the second company that Hussain created. The first was a food services business that he started in 1983 and grew into a solid success; that company he still owns today, and it is now known as Global Logistics Services.
After changes in Dubai’s property laws, Hussain Sajwani established DAMAC Properties in 2002. It was well positioned to benefit from the opening up of the property market to foreign buyers, and DAMAC owner Hussain Sajwani saw this business opportunity for what it was. Read more: Hussain Sajwani | Facebook and Hussain Ali Habib Sajwani | Bloomberg
DAMAC started with a high-rise apartment building, and all of its units were sold well in advance of construction beginning. Since that first project, DAMAC has completed many projects throughout Dubai and also throughout the Middle East.
Among these are two master developments that provide luxury living oriented around Trump-branded golf courses: Trump International Golf Club Dubai and the Trump World Golf Club Dubai. The former golf course opened in February 2017, and the latter is slated to be completed in late 2018.
The partnership between DAMAC and the Trump Organization helped to establish a friendly relationship between property mogul Hussain Sajwani and the American president. Learn more about Hussain Sajwani: https://www.damacproperties.com/en/investor-relations/corporate-governance/meet-our-board and http://www.hussainsajwani.com/
The two have had positive things to say about each other, and Hussain Sajwani has expressed the desire to do further business deals with the Trump Organization.
The relationship between DAMAC owner Hussain Sajwani and Donald Trump is not limited simply to a business one.
They and their families have become friends. In fact, several members of the Trump family were recently in attendance at a Hussain Sajwani family wedding for daughter Amira.