Category: Real Estate Expert

A Brief Summary of Business Person and DAMAC Owner Hussain Sajwani

The best way to become a successful entrepreneur is by learning the tips that the icons of the industry use to be where they are today. For the young investors who want to venture in real estate, they can learn from Hussain Sajwani, the owner and founder of DAMAC Premises. There is a lot to say about Hussain Sajwani, so here is a summary;

DAMAC Enterprises

Real estate investor Hussain Sajwani had always been interested in real estate business when growing up. However, the law did not allow foreigners to own property. While he was waiting for real estate to be legalized, he ventured in the catering business. He later built small hotels to accommodate the business people in emirates when real estate was legalized, and later established DAMAC Enterprises in 2002.

DAMAC Enterprises is ranked as the leading real estate business in Africa, CIS, and the Middle East. They are diversified and develop all kind of properties. Over the years, they have generated more than 20000 homes.

Hussain Sajwani Relationship with Donald Trump

In the business world, your worth is equal to your networks. This statement is true because Sajwnani has very valuable business partnerships. For instance, they have been in business with Donald Trump since 2004. Since then they have engaged in many projects together and even had a chance to grow their personal relationship.

Despite Donald Trump assuming his Presidential seat, which prohibits him from doing personal business, their business relationship will not be affected. This is because Trump’s daughter, Ivanka, is much involved in his business.

Sajwani’s Charity Work

Only a few successful people understand the struggles of lacking. Having grown up in a middle-class family, Sajwani is passionate about helping others especially children who are fighting to achieve their dreams. Hussain Sajwani currently helped cloth 50000 children by giving AED two million.

Bottom Line

Being successful in entrepreneurship comes with very many requirements. Creating and cultivating good partnerships is key to business. It is also noble to give back to the society to help nurture upcoming investors and leaders. DAMAC Owner Hussain Sajwani has set an excellent example to the business people who want to prosper in the business world.

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DAMAC Owner Hussain Sajwani is a Successful Entrepreneur and Philanthropist

Hussain Sajwani is a successful entrepreneur who traces his roots from humble beginnings. Although Sajwani didn’t have the resources or knowledge about entrepreneurship, he was not deterred from pursuing his dreams.

Hussain Sajwani is the son of Ali Sajwani. His father was an entrepreneur who owned a shop in Dubai. Ali Sajwani used to travel to China where he would purchase commodities such as watches. He would later resell them at his shop. Although the business was not as profitable, Ali Sajwani used to work for long hours since he had a family to feed.

At times, the DAMAC Owner would pass by his father’s shop. Since Ali Sajwani wanted his son to take over the family business, he used to take him through the basics on how to run the business. However, Hussain Sajwani had other plans in mind. Sajwani believed that education is the key, which is why he decided to pursue formal education. With that said, Hussain Sajwani enrolled at the University of Washington where he undertook an undergraduate degree in Industrial Engineering and Economics.

Eventually, Hussain Sajwani decided to look for employment. Fortunately, Hussain Sajwani landed a job position as a contracts manager at GASCO. While working at GASCO, he saved a substantial amount of cash. After some time, Hussain Sajwani decided to venture into entrepreneurship, and he used his saving to establish a catering in 1982. The catering business experienced a steady growth curve.

Initially, foreigners did not have the legal jurisdiction to earn property in Dubai. However, things took a turn after the Dubai Government stated otherwise. Husain Sajwani saw the opportunity that had presented itself, and he decided to establish DAMAC Properties. With time, the real estate business was booming. Additionally, Hussain Sajwani engaged in business deals with Donald Trump, the United States President. As entrepreneurs who had succeeded in the real estate sector, the two have had a great working relationship.

Through DAMAC Properties, Hussain Sajwani achieved his goal of becoming a billionaire. As a successful businessman, Sajwani has been impacting the society positively by engaging in philanthropy. Hussain Sajwani recently attended a charity event. While at the event, he issued AED 2million that went into clothing and feeding needy children.

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The Transformation of the Luxury Real Estate Market by Hussain Sajwani, DAMAC Owner

Hussain Sajwani is an Emirati investor who is credited for positively transforming the Middle East luxury real estate market. He has been on the leading front in the development of high-end products that conforms to the tastes and preferences of global customers. Hussain Sajwani was born and raised in Emirates before moving to the USA. He graduated with a degree in economics and engineering from the University of Washington. He later moved back to Emirates where he served as the manager of GASSCO. After some years, he resigned from the position and created the Global Logistics Venture which has active operations in the catering and hotel industry.

In 2002, Hussain Sajwani created the DAMAC Properties which has its headquarters in the Middle East. DAMAC Owner has overseen the introduction of quality and competitive products in countries such as the United Kingdom, Lebanon, Qatar, Jordan, and Dubai. The high-end products are in prime locations and attract many clients. The success of the group can be attributed to the commitment of DAMAC Owner and the professional team that oversees the operations of the group. Hussain Sajwani is keen on engaging the services of award-winning designers, contractors, and designers. It is worth noting that the proprieties have modern designs and clients have a wide list of products options. In 2016, Forbes Magazine listed DAMAC Properties as being one of the fastest growing global companies.

Services and Products Offered by DAMAC Properties

Hussain Sajwani, also a philanthropist, coordinates the introduction of unique and quality properties in the real estate market. The services and products portfolio of the organization include commercial, residential and luxury products. Under the luxury market, one has the option of furnished hotel apartments, hotel rooms, and hotel villas. It is critical to note that the high-end products are located in prime areas that increase the chances of registering capital gains in term of rents and resale value. Following the footsteps of DAMAC Owner thus serves as being one of the ways that investors may register financial success and freedom. His financial success paint him as a skilled and commitment entrepreneur.

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Real Estate Becomes Systematic As Part Of Nick Vertucci’s Academy

If you’re new to real estate and never considered going into it as a way to accrue wealth, Nick Vertucci might change your mind. He’s the CEO of the NV Real Estate Academy which has a comprehensive real estate investment program that anyone can grasp with the right application. Vertucci came across real estate without a degree in it, and from the time he made his first purchase till retirement, he did it systematically and unlocked tremendous wealth. The academy teaches attendees the steps from getting financing, partnering with contractors, renovating and selling or renting out purchased properties. The academy focuses on speed in taking the attendees from the classroom into the field and keeping them supported throughout everything.

Nick Vertucci became a real estate investor after many in poverty and several running his own business. His hardships as a young man seemed to be ongoing from the death of his father at age 10 to having to live out of his minivan at age 18. His first good-paying job was selling computer hardware parts which brought him enough income to buy a home for his family. While this success did bring temporary happiness, it didn’t last when the dot-com bubble brought the 2000 recession. Nick Vertucci began to search for any way at all to stop his debt from building too high and losing his house, and it was a three-day conference he heard about that became his saving grace.

Nick Vertucci came away from that conference with more knowledge of real estate than he ever thought he could know, and with his newfound inspiration he began buying buildings. Before long he found out the returns gained from renting and reselling were beyond any salary he picked up as a computer salesman, and in just a couple years he had tackled what he thought was insurmountable debt. But the real reward for Vertucci has been knowing his system at the academy has helped others build their own wealth.