DAMAC Owner Hussain Sajwani’s Two Latest International Projects

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After businessman Hussain Sajwani graduated from college he joined the United Arab Emirates government-owned oil company, GASCO. He was a contracts manager there for a brief period of time before founding his own venture in 1982. This was a catering company which, 36 years later, is still going strong. It feeds people more than 150,000 meals a day including at military bases, hotels, universities, construction camps, and oil operations both onshore and offshore.

Beginning in 2002, he became the DAMAC owner, establishing DAMAC Properties. Hussain Sajwani established this as a luxury property developer with a focus on foreigners wanting to own residential homes in and around Dubai. Before long he was building development in other Middle Eastern nations. In the past few years, he has also started developing properties in London.

As the DAMAC owner, Hussain Sajwani has partnered with other high-end brands on his projects. This includes Fendi Casa and Versace Home of Italy. He also partnered with the golfer Tiger Woods who designed one of his golf courses. Hussain Sajwani launched a division of DAMAC Properties in October 2011 which is focused on hospitality. This division, DAMAC Maison, provides bespoke services to people staying in over 15,000 hotel rooms around Dubai.

The property that Hussain Sajwani established in London, England, is known as AKYON London One. This property, which is nearing completion, will be a mix of condos, offices, and retail. According to dubai.dubizzle.com, once it is finished it will be one of the tallest residential towers in the United Kingdom. Acting as the DAMAC owner, he signed an agreement with Versace Home who is completing the interior space of this building.

DAMAC Properties is also co-developing a project in Oman. This is being completed along with Omran which the Oman government’s arm is focused on growth, investment, and development. The project is called Mina Sultan Qaboos Waterfront. Once completed it will have homes, hotels, restaurants, luxury retail spaces, and leisurely things to do. The government of Oman said that they chose DAMAC Properties because of their excellent reputation for delivering world-class property developments.

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