Hussain Sajwani: DAMAC Owner

DAMAC properties announces: that Rěva Residences with their one-and-two bedroom apartments overlooking the Dubai Canal, has opened including 24 hour concierge services. One-bedroom apartments start at AED 699,000. Rěva Residences offer luxurious one and two-bedroom apartments. There is also a lobby with a 24-hour reception, concierge desk, gardens that have been landscaped, a temperature-regulated swimming pool, a gym with steam and sauna rooms, children’s playground, as well as outdoor courtyard. Swajani is on the top 10 billionaires listed in Forbes, as one of the premier World’s Richest Arabs in 2017. He earned his Bachelor’s degree in the United States, in Industrial Engineering and Economics from the University of Washington.

Sajwani started his career in Abu Dhabi Gas Industries, and then started a catering business with customers such as the U.S. military and Bechtel. This business is now called Global Logistics Services. By 2002, Sajwani began DAMAC Properties, which became one of the largest property development companies in the Middle East, having built 19,000 apartment complexes since it’s beginning including 44,000 units currently in various levels of development. Other DAMAC properties projects involved a golf course designed by Tiger Woods and managed by the Trump Organization, as well as other luxury apartments.

Sajwani invested £600 in London, UK, which earned him a listing as one of the most globally influential Arabs in Gulf Business 2017. Sajwani cause besides building properties as an entrepreneur is to advance education. He has started the “One Million Arab Coders” initiative, which includes a unique, educational program where new curriculum is introduced every three months. The top 10 challenge participants will be awarded $100,000 in the online coding program. Sajwani originally started in medical school in Bagdad, but he did not complete his education. His real estate company, which he founded in 2002, specializes in residential, leisure and commercial properties. DAMAC has been listed on the London Stock Exchange, making them one of the first real estate companies in the Middle East to do so. Other properties include DAMAC hills, a luxury style golfing community located in Dubai, made up of townhouses, villas, smaller luxury apartments, and mansions.