People / Hussain Sajwani
Hussain SajwaniDamac Chairman
Hussain Sajwani, a UAE national, is a self-driven ambitious entrepreneur who has proven his capability to transfer business vision into corporate reality and to provide the leadership that is necessary to maintain its continuity and growth. An Industrial Engineering & Economics graduate from the University of Washington, he is the founder-owner & Chairman of DAMAC Properties based in Dubai.
DAMAC Properties was established in 2002, as a private residential, leisure and commercial developer in Dubai and the Middle East. Since then, DAMAC Properties has expanded rapidly into North Africa, Jordan, Lebanon, Qatar and Saudi Arabia.
DAMAC Properties has completed 37 buildings to date with 7817 units and spanning 13,945,299 sq feet. DAMAC Properties also has a further 65 buildings at various stages of progress across the Middle East, North Africa region. These consist of 11,998 units spanning over 23,000,000.00 sq feet.
In June 2010, DAMAC Properties further reinforced its position as the regions premium developer with the launch of DAMAC Tower in Beirut, Lebanon. A 28 storey iconic tower, this project is in association with Italian design group, VERSACE, with all interiors being designed by Versace Home. This was followed by the DAMAC Residences with Interiors by Versace Home, launched in Jeddah, Saudi Arabia in June 2011.
The companyвЂ™s projects are located in the most desirable and exclusive locations and are built to the highest quality specification that has become synonymous with the group. DAMAC PropertiesвЂ™ develop projects that include residential, commercial and leisure facilities that create an integrated community.
In October 2011, DAMAC Properties launched their hospitality division called DAMAC Suites & SpaвЂ™вЂ™ and will have 4000 hotel apartments under development by end 2013. This will position the company as one of the largest Hotel Apartment operators and developers in the region.
In addition to support services provided by the Dubai headquarters, the companyвЂ™s comprehensive Customer Care Program provides solutions through its vast network with offices in the UAE, UK, Jordan, Iraq, Lebanon, Egypt, KSA and Qatar.