Chris Holden

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DAMAC Owner Hussain Sajwani Takes a Hand-on Approach When it comes to Running his Company

by Chris Holden - October 31st, 2018.
Filed under: Prominent Figures on Real Estate Business, Real Estate Company.

If you are from the United Arab Emirates, you would already know about Damac Properties and its owner Hussain Sajwani. He is one of the biggest influencers in the business circles of Dubai and is worth over four billion dollars. Hussain Sajwani has taken Damac Properties to new heights of success through his business skills and visionary leadership. Even though he was successfully running a catering firm in the United States, Hussain Sajwani came back to Dubai after learning about the government’s decree to allow foreign investors to buy properties in the country. Hussain Sajwani knew that the government’s new decree would bring a lot of foreign investors and the first project he planned after coming back to Dubai was sold out within a week of launch.

Hussain Sajwani’s Damac properties have so far sold more than 20,000 apartments, and more than 44,000 units are under different stages of development. Hussain Sajwani believes that it is important as the CEO and director of Damac Properties to continue looking for new opportunities in the field of business and real estate. It is why he has invested in the emerging real estate markets in different parts of the world. Recently, Hussain Sajwani invested over six hundred million pounds in the United Kingdom. With diverse business interest in different parts of the globe, Damac Properties is one of the fastest growing real estate firms in the world. It also partners with other leading real estate companies to expand its business network and interest. Recently, the company has been in the news for its collaboration with Trump Organization and Tiger Woods for the development of a residential complex along with golf course near Dubai.

DAMAC owner Hussain Sajwani is not like other owners and is very involved in the everyday functions of his company. He also takes a close look at the hiring of the employees as he believes in diversity in the workplace. No matter which background his employees come from, if they are skilled, they will find a place in his company. He also keeps a close knowledge of the different policies that can affect his business so that he can make changes accordingly.

Sources:
https://www.eremnews.com/
https://www.alaraby.co.uk/

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