2011 saw that launch of DAMAC Maison. This is a hospitality division within DAMAC Properties, the legendary real estate development firm founded by famous Emirati businessman the DAMAC Owner, Hussain Sajwani, in 2002. DAMAC Maison is set to serve in excess of thirteen thousand hotel rooms as well as apartments.
DAMAC Owner Hussain Sajwani has seen his firm enjoy massive growth due to his legendary vision for business development. It is for this reason that he is considered to be one of the one hundred most influential Arabs in the world today. He has a highly proven record of success that extends past real estate development and into the world of global equity. Hussain Sajwani’s primary investment firm is DICO Investments. This is a firm that places its focus on private equity investments as well as areas such as acquisitions and mergers. The company is also publicly traded.
DAMAC Owner Hussain Sajwani himself got his start in business back when he was a child. His father was a shop owner as well as being a huge influence on Hussain’s life and career path. From a young age, he learned to value of doing good business and this is a lesson that has stuck with him throughout his life. When he came of college age, he had the opportunity to travel to the United States to study at the University of Washington. After that, he entered into a business career that has become the stuff of legend. He started out in the oil industry with GASCO but quickly moved into the hospitality sector with the start of a catering company that really got him going as far as entrepreneurial success. After a successful run in the 1990s of helping to accommodate the many business travelers that were coming into Dubai, Hussain then took the big leap into founding DAMAC Properties. Today, DAMAC Properties is one of the most successful real estate development firms in the world today and is listed on the world-famous London Stock Exchange. The company is also responsible for some of the most famous buildings erected across the Middle East since 2002.
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