DAMAC Properties Dubai LLC was founded on June 20 i976 by Hussain Ali Habib Sajwani. The company’s headquarters are found in Dubai, United Arab Emirates. The company mainly engages in the development of commercial, residential, and leisure properties in the United Arab Emirates and other Middle East Countries.
The Dubai based Billionaire Hussain Ali Habib Sajwani is the CEO and the founder of DAMAC properties limited. He has a close relationship with Donald Trump Jr. Recently, and they were captured in a video where Donald Trump Jr. said that he would attend the lavish wedding of Hussain Ali Habib Sajwani, daughter.
The two real estate moguls are planning to enhance their relationship by transacting more real estate business. Their relationship had first collaborated when they both celebrated the New Year Eve since they had worked on the Trump International Golf Club that ended up making sales worth $2 billion. They said that their relationship would be strengthened since it has extended both to their children as well as their wives.
DAMAC properties LLC has worked with some investors all over the world. The most recent and a remarkable one is the Trump International Golf Club. The company deals with Glitzy and eye-catching properties.
DAMAC Properties contributes to the economic growth of the United Arab Emirates having employed more than 2000 employees. Moreover, they have their company’s shares listed in the Dubai Financial Market. This is one of the biggest property firms across the globe having delivered more than 20,000 luxury properties and homes. They also have 44,000 units at different stages of planning.
The DAMAC owner is an intelligent and successful businessman and investor who has a positive track record of global equity and capital markets. Currently, he holds a substantial number of regional and global market shares.
DAMAC properties concentrate on investing in private equities mergers as well ad majority holdings in publicly traded companies. Apart from being the founder and the chairman of DAMAC properties, Sajwani was one of the pioneers of the Property Market Expansion in the United Arab Emirates. He built Hotels that could make investors come for investment opportunities in the United Arab Emirates.
Listed here are the members of the board of DAMAC: https://www.damacproperties.com/en/investor-relations/corporate-governance/meet-our-board