Hussain Sajwani has become one of the leading luxury real estate developers in the world with an eye on the markets across the world where he feels a large level of growth can be achieved for the future. DAMAC Properties was created in 2002 and marked the arrival of the former food services and hospitality industry entrepreneur on the stage as a major part of life in the United Arab Emirates; since becoming a major part of the UAE community, Hussain Sajwani family has developed a strong level of philanthropy in the Arab nations including a partnership with the Red Crescent humanitarian group.
The range of philanthropic and community-based initiatives Hussain Sajwani and his DAMAC Properties group have taken part in include a government-sponsored program to develop the careers of one million coders who will be needed to create a better economic future for the nation. Sponsorship from DAMAC Properties and Hussain Sajwani will allow the One Million Coders campaign to provide cash prizes for those who reach the upper echelons of the initiative including a $1 million award for the top coder at the end of the program; developing a stronger UAE will allow the luxury real estate business of Hussain Sajwani to grow over the years to include a range of successful markets in and around the important desert city of Dubai.
Hussain Sajwani has not only become one of the leading figures in the UAE but has also developed his range of luxury horizontal and vertical developments to include some of the most important cities in the world. Sajwani has recently been expanding his portfolio of developments to other areas of the Middle East including Jordan and Lebanon; luxury real estate is a major part of the global economy and has allowed the development of a DAMAC Properties office in London which has been involved in the creation of the AYKON One London tower which has begun the move of the property development company into European markets.