The Wealth of Hussain Sajwani – DAMAC Owner

The success of Hussain Sajwani with DAMAC Properties is one that every citizen of Africa, CIS and Dubai can narrate. The potential investors of real estate look up to him, to learn and get better in the game. He has valuable partnerships, e.g., Donald Trump who is also a guru of the real estate. He has joined the group of the most influential Arabs in the world due to his contribution to the charity organizations in the nation. His last donation startled everyone. Sajwani contributed AED two million in a seminar by an organization trying to raise money to cloth two million children.

The net worth of the DAMAC Owner is estimated to be $4 billion. He has been able to get to the figure because he has been reinvesting his money to other real estate ventures. He also has the biggest shares in the DAMAC premises.

One of the companies that contribute to his wealth is the Nine Elms Property Limited. The firm is responsible for the designing and development of the AYKON London. The company is a partnership between the DAMAC Properties in Dubai which has 20% shares and DAMAC Owner Hussain Sajwani through International DAMAC Properties having the majority shares (80%).

The others source of income of the real estate developer is Mina Al Sultan Qaboos. The investment guru owns the latter through International DAMAC Properties. The firm is currently in a major renovation program. The firm will be renovated to accommodate classy hotels, accommodation, and other tourist attraction sites.

AYKON Maldives Resort is also a major property in Sajwani’s property portfolio. It has been developed by the International DAMAC Properties. They have bungalows, more than 100 luxury homes, waterfalls and other exciting features for the tourists to enjoy.

The high-quality buildings that Hussain Sajwani has been providing to his clients are not by luck. He has the majority shares in the Al Amana Building Material. The latter has the collection of the best materials for construction from all over the world. This explains why all the properties developed by Hussain Sajwani are associated with quality. He knows exactly where to source his materials.

Read this related post: https://analystoffinance.com/2018/05/damac-owner-hussain-sajwani-re-built-dubais-real-estate-market/

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