During a downtime in the real estate market in the city of Dubai, while other real estate companies are cutting back and hoping for the best, there is one real estate company that is doing just fine. That company is DAMAC Properties, a luxury real estate development company, and the reason why it is doing so good is because of DAMAC owner, Hussain Sajwani. Forbes has listed Sajwani as one of the top billionaires in the UAE and the world, and his fortune has only grown as he has continued to work with President Donald Trump and the Trump Organization.
Hussain Sajwani, DAMAC owner, has has watched as the share price of his company has increased steadily. The addition of the DAMAC Hills luxury development has been received well, and the golf course that sits on the property is ran by, none other than, the Trump Organization. The development includes apartments, villas, and mansions with contributions from some of the most well-known names in luxury design; Versace and Fendi included in the design. Sajwani is feeling very optimistic about the future of the company that has come through some of the most difficult times for the real estate market in the UAE. He, himself, was a large part of the expansion of the real estate industry in Dubai when the city became a hot-spot.
As per elmawkefalarabi.com, Hussain Sajwani is looking forward to expanding DAMAC Properties by building over 3,000 new units as it eyes new projects like DAMAC Towers by Paramount, which will be a luxury hotel. He believes that the real estate market in Dubai will continue to turn around for the better, and he is investing heavily in new projects in the city. Real estate transactions are increasing in the city; according to Dubai Land Department, and the DAMAC owner is watching closely as he prepares to roll out his carefully laid plans. Hussain Sajwani was a self-made man from the beginning, and he earned every single bit of the billion-dollar fortune he now sits on. Today, he enjoys spending more time with his family, and he deserves every bit of what he has worked so hard to build.
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