DAMAC properties are doing great things in Dubai, and is currently constructing a second building in it’s AYKON district, overlooking Dubai Canal. DAMAC properties has recently procured a tender for a 1.7 million square foot luxury development construct in the heart of Dubai. Aykon is one of the biggest and most ambitious development centers in and around the Dubai area, featuring a city within a city. Aykon plaza exists within AYKON plaza, featuring a entertainment and lifestyle hub. In February, CSCEC, a Chinese development firm sought to build 600 dollars worth of property in the AYKON area. DAMAC is set to construct a 10 building tower with three basements, 49 residential floors and a rooftop and ground floor.
Hussain Sajwani is the leader, ownerand CEO of DAMAC development group, a company that was created in 1982 after he graduated from University of Washington. He chose the entrepreneurial path after being exposed to his father’s business as a child. Hassan formed the DAMAC company in 2002. Prior to this, he created a catering company that looked over 200 projects and providing 150,000 meals to people in three different continents.
With his educational background, Hussain Sajwani has successfully built a strong foundation in DAMAC properties. They have worked on projects all over the Middle East and abroad in Dubai, Abu Dhabi, Doha, Amman, Beirut, Jeddah, Riyadh and London. DAMAC properties has worked on ambitious projects with Tiger Woods, the Trump Organization, Versace Home, Fendi Casa, Paramount Hotels & Resorts, among other companies.
As the CEO of DAMAC, Hussain Sajwani has a long and successful track record. He has other ventures in successful businesses like Al Amana Building Materials which has worked with the Villeroy & Boch, Grohe and Dorn Bracht brands, and DICO investments, as well as Al Anwar Ceramic Tiles Co, and Al Jazeira Services. Hussain Sajwani has achieved success in many areas and continues to be an active, accomplished investor in Dubai and around the globe.