Power Hour 2022:  Hussain Sajwani, Chairman of the DAMAC Group , Ranks 22th

Hussain Sajwani, Chairman of the DAMAC Group

Sajwani is a pioneer of the property market expansion in Dubai. In the mid-90s, he built several hotels to accommodate the growing influx of people coming to the emirate to do business and trade. In 2002, he identified a growing market opportunity and established DAMAC Properties, which has grown to become the one of the largest property development companies in the Middle East.
Today, DAMAC Properties has several prestigious projects in key global cities like Dubai, Jeddah, Riyadh, Baghdad, Toronto, Maldives, Miami and London, employing nearly 2,000 professionals.
To date, DAMAC Properties has delivered c. 39,400 homes and has c. 28,000 at various stages of progress.
As a market leader, DAMAC Properties has also joined forces with some of the most recognisable lifestyle brands, to bring distinguished living concepts to the market. Projects include luxury apartments and villas with interiors by Italian fashion-houses Versace Home, Fendi Casa and Just Cavalli and the uniquely conceptualised Paramount Hotels & Resorts, which delivers serviced living at its most opulent.
As an astute businessman and investor, Sajwani also has a proven track record of successful forays into the global equity and capital markets.