The Hussain Sajwani family had a remarkable event in April of 2018; the marriage of Sajwani’s daughter Amira. Amira has been a key role player at her father’s company, DAMAC Properties in Dubai, and her wedding was celebrated in the company of many esteemed persons of the UAE including the royal family. Also in attendance at the wedding were President Donald Trump’s sons Donald Jr. and Eric along with their families. The Trumps have had a close relationship with Hussain Sajwani that’s included many deals Donald Trump finalized before becoming president with the UAE mogul, and that includes the Trump Estates and the International Golf Club. But those are just a couple of the properties Sajwani has opened, and the rest embody a luxury and design beauty found in few other places.
Hussain Sajwani, chairman and founder of DAMAC properties, is the son of a trade shop owner from Deira who worked hard to put his son through school and got him to the University of Washington eventually. Sajwani wanted to start a business just like his father, and he first worked for a UAE oil company but got to follow his dream by starting a catering business. The money he made doing this set his ambitions even higher, and he next started buying and opening hotels. He also started trading more stocks and bought the shares of companies like Al Amana Building Supplies and Al Anwar Ceramic Tiles. But he took his real estate investing to a whole new level in 2002 when he founded DAMAC Properties.
The DAMAC owner finished his first property, Marina Terrace in 2005 and shortly after completed Park Towers. The next building he laid out the plans for was DAMAC Tower for which he formed a partnership with Versace to do the interiors. The company experienced a slowdown and cutbacks during the 2008 recession but emerged strong afterwards, and their next several properties they went to work on were AKOYA Oxygen and AYKON City. AKOYA Oxygen is a long line of units some of which have the Trump brand and others which are done by Just Cavalli. AYKON City is a major development along the Dubai Canal which has very tall buildings including the DAMAC Maison.
Hussain Sajwani has come away with many awards for both his catering and real estate accomplishments. Just recently he was named “Real Estate Legend” by Arabian Business magazine. He also has given to charities including the Red Crescent’s huda refugee program.