DAMAC Properties is a Dubai-based property development firm recognized for its remarkable input in the real estate industry. It is part of DAMAC Group, an initiative launched by Hussain Sajwani in 1992. Hussain Sajwani is the billionaire and great brain behind the success of DAMAC Properties, which was initiated in 2002. DAMAC is closely associated with glitzy property developments, pretty exciting projects redefining global standards. You cannot also disregard the fact that DAMAC has collaborated with Donald Trump’s foundation in developing golf course projects. Additionally, they have developed master developments that have turned into beacons of beauty in across UAE.
Hussain in Collaboration with the Trumps’
It is hilarious to think of Hussain doing business with Donald Trump. These are two real estate magnates whose combined efforts have yielded substantially. Sajwani is anticipating on scaling to even greater heights with the Trump’s. Donald Trump clarified he would not engage in private entrepreneurial treaties while in office because it would raise issues of conflict of interest. To clear the air, Hussain spoke to NBC confirming that their relationship went beyond Trump’s presidency.
As well, Hussain expressed his admiration in Donald’s three children who are quite at par with business matters. The three have been in the entrepreneurial arena long enough, and DAMAC owner expressed his confidence in them. Hussain Sajwani family has also become very close to Trump’s. Apart from Ivanka Trump having visited Hussain’s wife, the Hussain have been to New York several times and shared meals.
DAMAC Properties’ Involvement in Humanitarian Causes
DAMAC Properties owner and chairman, Hussain Sjwani, donated AED 2million to a movement seeking to clothe underprivileged children from across the world. This was a Ramadan endeavor steered by the ruler of Dubai, who also serves as the vice president and prime minister of UAE. DAMAC’s contribution went to the extent of catering for over 50,000 children. Hussain Sajwani is known to contribute to initiatives steered by His Highness Sheikh Mohammed. During every holy month of Ramadan, they organize causes aimed at improving the lives of impoverished societies, normally in collaboration with a philanthropic organization called Emirates Red Crescent.
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