Hussain Sajwani is a billionaire real estate developer who boasts a diverse business portfolio that includes luxury properties from Dubai to London. Leading his portfolio is DAMAC Properties, a company he founded in 2002. The DAMAC owner who started from modest beginnings has guided his business to the pinnacle of luxury property development.
DAMAC Properties generates over 2 billion dollars in annual revenue and employs over two thousand employees. This globally recognized luxury real estate developer has to date delivered 20,880 units and more than 44,000 units are in various stages of development. For his role in the company’s success, Hussain Sajwani won top real estate CEO awards in 2017 and 2018.
Recently launched luxury developments include Aykon City, a multiple tower complex that overlooks Dubai Canal. This complex was constructed using the latest innovative technology and is an architectural icon in Dubai’s skyline.
DAMAC Towers Paramount Hotels and Resorts Dubai were also recently opened and are the epitome of luxury. This Hollywood-inspired luxury development features a 68-story hotel and residential tower with a multi-level plaza that offers luxury shopping and amenities.
The DAMAC owner portfolio is not limited to high-rise buildings. Akoya Oxygen is an environment-friendly luxury property project amidst greenery and located a mere 25 minutes from the vibrancy of Dubai. This stunning master development is an oasis within the desert and covers 55 million square feet.
The sprawling development includes more than 10,000 villas and townhouses, 1,230 residential apartments, 2,127 hotel rooms, 640 serviced villas, and two schools. At the center of Akoya Oxygen is Vista Lux, a complex that includes high-end shopping, and dining facilities. The megaproject also features a one-of-a-kind rainforest that residents and guests can enjoy.
Hussain Sajwani business portfolio also includes Nine Elms Property Limited in London which developed the opulent Aykon London One tower. The DAMAC owner also develops world-class golf courses and is prominent in the catering business. Recently, DAMAC International was awarded a 1 billion dollar contract by the Government of Oman to develop Sultan Qaboos Port.