Hussain Sajwani, DAMAC owner and chairman of DAMAC Properties, Dubai’s largest residential property developer, started his empire with a humble catering company. After graduating from the University of Washington in the United States, Sajwani accepted a position with the Abu Dhabi National Oil Company; however, he knew that he wanted to start his own business. In 1982, Sajwani started a catering venture that served the U.S. Army and private companies with a presence in the Middle East.
While Hussain Sajwani’s catering company because very successful, in 2002, he established DAMAC Properties. The company specializes in lavish homes in collaboration with recognizable luxury brands in major cities, including Doha, Amman, Beirut, Riyadh and London. One of Hussain Sajwani’s developments, DAMAC Hills, features a course designed by Tiger Woods for a golf club managed by the Trump Organization. Trump had invited the Hussain Sajwani family to the U.S. in the past; however, since he is the President now, Trump must excuse himself from making plans for future developments in Dubai, which the Trump Organization will handle. However, President Trump can remain friends with Hussain Sajwani and his family.
DAMAC Towers by Paramount Hotels & Resorts brings Hollywood glamour to Dubai’s Burj area with 1,200 new residences and high-end shopping. Housed in one of the four towers, the Paramount Hotel will have over 800 and suites to take advantage of Dubai’s reputation as a leisure destination for discriminating travelers. The Paramount Hotel in Dubai on the Jumeirah Waterfront and the DAMAC Tower by Paramount Hotels & Resorts in Riyadh, Saudi Arabia are in the planning stages.
DAMAC International, another of Hussain Sajwani’s companies in the DAMAC Group, will be developing Port Sultan Qaboos in Oman in a joint venture with Omran’s government. Other companies in the DAMAC Group include DICO Investments and DAMAC Maison, which operates high-end hotels and resorts.