DAMAC Owner: Hussain Sajwani Rising In Real Estate

To look at his company, Hussain Sajwani has built various development products for many years. The DAMAC owner doesn’t just dabble in real estate he is also a passionate investor with his own DICO investments. The business manages investment of 3 billion in assets since it was started back in 1992. They engage in debt instruments from other banks, stick with holding long-term investments and deal with upcoming industries to buy their subsidiaries.

Their impressive portfolio begins with the venture partnership of Nine Elms Property Limited. DAMAC Properties International Company Limited manages the development. They also have started a multiple use property development with AYKON London One. This will be the tallest yet at the London address according to the DAMAC owner due to its sophistication. Another partnership includes the Omano Government tourism promotion department and Mina Al Sultan Qaboos. A huge ownership stake is from DAMAC owner himself. It’s operated by the DAMAC Properties international company limited. Mina Al Sultan Qaboos will get a makeover with being a tourist and residential area worth 1 billion dollars. Guests can enjoy leisure offerings, retail and hotels, dining and residences.

Hussain Sajwani owns all of The AYKON Maldives Resort. DAMAC Properties international company limited, the overseas business arm, will handle a large development inside Maldives archipelago on the island. Guests are treated to a five-star hotel that has bungalows, 100 suites and water villas. Everyone has daily access to dining, spas, fitness areas, and top-notch entertainment.

It all began in 2002, when Hussain Sajwani created DAMAC Properties. He remains as the leading shareholder and chairman. It services the expanding area of Dubai and the United Arab Emirates. This is were they lead as a luxury real estate company offering beautiful living quarters. The DAMAC owner has success as the leader with his projects in the Middle East, GCC and the United Kingdom. DAMAC Properties continues it hold on building exciting top-quality and bold designs. They are known for their reputation of creating in this manner. Residents view the organization as iconic and have a serious desire to be in one of their properties.

More info: https://www.albayan.ae/economy/local-market/2016-04-27-1.2627119