HUSSAIN SAJWANI: THE DAMAC PROPERTIES OWNER

From a Tiger Woods-designed golf course, luxury apartments with interiors by Versace and Fendi to Bugatti styled villas! Well, these are just some of the excellent structures that Hussain Sajwani has established. The property company has now issued a tender for yet another tower at AYKON City. This second tower will be enacted on the luxury building that overlooks the canal in Dubai.

 

The owner of DAMAC Properties has worked hard to establish a reputable business empire as well as cement his name among the top business entrepreneurs in the world. The AYKON City tender will include more than 45 residential floors, three basements, and an entertainment section dubbed AYKON Plaza that includes a lifestyle sector, a rooftop, ten podium levels and a ground level. The construction at the site has already commenced and it’s progressing well. However, DAMAC Properties plans to introduce another construction partner by May. The property company had already contracted CSCEC to construct one tower of AYKON City. This structure will ideally be a city within Dubai. In addition to the features above, AYKON City will also have office space, a hotel, fully serviced apartments, and residential units. Visitors to the city will also get to have a fabulous view of the canal in Dubai.

 

ABOUT HUSSAIN SAJWANI:

 

The owner and CEO of DAMAC Properties launched his career by working in his father’s shop. However, his tide changed when he landed a government-sponsored scholarship to study in the US. He then graduated with an Industrial Engineering and Economics degree from the University of Washington.

 

Hussain Sajwani, however, established DAMAC Properties in 2002. Prior to this he had worked in the oil and gas industry and owned his own top tier catering service. The company maximized on the elevated estate boom in the Dubai in the mid-2000s and established itself among the top real estate companies in the Middle East.The public listed company managed to survive the Dubai property market collapse of 2008 and established itself as among the leading property development companies in UAE.

 

Hussain Sajwani, who won Property CEO of the Year – CEO Middle East Awards 2017, has over the years managed to land himself friends and business partners in high places including US President Donald Triumph.

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