DAMAC Owner, Hussain Sajwani is an Emirati billionaire and is regarded as being the fourth richest individual in the region. A huge portion of the vast wealth is linked to the operations of DAMAC Properties. Although Hussain Sajwani studied in the University of Washington, he was born and raised in Emirates. He graduated with a degree in engineering and economics and relocated back to the Middle East. During the initial years, he served as manager of GASSCO which is a subsidiary of the Abu Dhabi National Oil Company. After resigning as the manager, he created the Global Logistic Ventures which has interest in the Middle East hotel and catering sector. The success of his ventures points that he has effective investment methods and skills as a leader.
The success of the group can be linked to Hussain Sajwani, DAMAC Owner who has been keen on the creation of a positive organizational culture. In 2016, the Forbes List outlined DAMAC Properties as one of the fastest growing global companies. The emphasis on quality and unique designs has helped push the products offered by the group to different parts. Hussain Sajwani coordinated the delivery of more than 20, 000 units to clients. DAMAC Owner further outlines that there are over 40, 000 units which are in progress. There is the option of choosing from commercial properties, residential properties, and hotels. Regardless of choice made by the investor, it is worth noting that there is a guarantee of improved earnings.
DAMAC properties offer diverse products that meet the interests and budget of the clients’ base. There is the option of choosing form luxury hotels, residential and commercial properties. Under the luxury hotel properties, there is the option furnished hotel rooms, hotel villas and hotel apartments. Moreover, the properties also come with financing options. It implies that investing in the properties offers the clients a guarantee of return in from of rent or resale value. It is worth noting that in 2016, DAMAC Properties was listed as the one of the fastest growing companies in the globe. The success of the group can be linked to approaches adopted by real estate guru Hussain Sajwani. He can be regarded as being a transformative and committed leader.
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