The Contribution Made The DAMAC Owner In The Global Real Estate Market

DAMAC properties Company can be defined as having cemented its position in the global real estate market. Its success is linked to the approaches that are adopted by Husain Sajwani who is an Emirati entrepreneur. Hussain Sajwani attended the University of Washington where he graduated with a degree in engineering and economics. His skills have been instrumental in both the construction and the real estate sector. DAMAC Properties mainly deals with the luxury real estate market in the Middle East and the United Kingdom. The Company was created in 2002 and have registered consistent growth in the past. In 2016, Forbes defined it as the fastest growing Company on the basis of sit revenues.

The Company has a highly trained and professional workforce that helps meet the values of global clients. Husain Sajwani acts both as the founder and chairman of DAMAC properties. DAMAC owner exhibits unique leadership skills that have been essential in transforming the organization. The DAMAC owner has great regard for quality and unique designs. He is listed as being the fourth richest Arab with his success being linked to global equity and capital market ventures. He began his business ventures in GASCO where he served as the Manager of the Abu Dhabi National Oil Company Subsidiary. He later quit his position to engage in different investments.

Product and Services Portfolio of DAMAC Properties

Hussain Sajwani has overseen the introduction of competitive products and services. More than 20,000 units have been delivered with over 40, 000 units being in progress. Its portfolio includes serviced hotel apartments, hotel villas and hotel rooms. The Como any has active operations in Qatar, Lebanon, UAE, Jordan and the United Kingdom. Its properties are located in prime areas and fetch high revenues. The services are intended to fill the existing gap in the luxury real estate market.

While there have been significant investments in the real estate market, minimum consideration has been paid on the luxury market. Husain Sajwani can be explained as having played a unique role in shaping the global operations of the Company. Not only has he improved its revenue generation rates, but he also transformed many destinations in the Middle East and Europe with the high-end properties.

Recommended reading: https://analystoffinance.com/2018/05/damac-owner-hussain-sajwani-re-built-dubais-real-estate-market/

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