The Hussain Sajwani family has become one of the leading developers of luxury real estate across the Middle East after using an innovative business model to create some of the leading elite apartment buildings in Dubai. However, the founder of DAMAC Properties has been at the heart of a number of leading developments in the United Arab Emirates designed to provide a better standard of life for the neediest in the nation; Hussain Sajwani has often focused his philanthropic efforts on assisting families and children who are in need of warm clothes for the freezing Winter nights seen in Dubai. Learn more: http://www.payscale.com/research/AE/Employer=Damac_Group/Salary
The DAMAC owner made his fortune in the food services industry before taking advantage of relaxed real estate regulations introduced by the government of Dubai to allow non-Emirates citizens to purchase real estate in the city. In 2002, Hussain Sajwani used his newly-formed DAMAC Properties group to purchase a piece of land in one of the least impressive districts of the city many experts stated the latest entrant to Dubai’s luxury real estate developer would struggle to sell a property on. Confounding his critics, Hussain Sajwani sold all the properties in just six months and had all necessary funding in place for his first development by the time construction began.
A number of annual programs are supported by Hussain Sajwani and his DAMAC Properties group as the future of Dubai and the nation of the UAE remains of great importance to the real estate developer. Hussain Sajwani has given millions of dollars of his personal fortune estimated at $4.4 billion to an annual program launched by the UAE Royal Family and the Red Crescent humanitarian group which allowed the founder and President of DAMAC to fund the provision of warm Winter clothing for around one million children from the poorest parts of Dubai. Learn more: https://www.youtube.com/watch?v=GJxJrIkRTzk