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A self-made billionaire, Hussain Sajwani is ranked 600 in the world's top billionaires and has been recognised as one of the most powerful Arabs, among many other accolades.

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Founder

The DAMAC Group of Companies

Hussain Sajwani is a pioneer in the Middle East’s property market. In the mid-90s, he privately built hotels to accommodate the influx of people coming to Dubai for business and trade. In 2002, he identified the market opportunity and established DAMAC Properties which has grown to become one of the largest property development companies in the Middle East and further afield.  

As a natural addition to the real estate company, DAMAC Properties founded its own hotel management company to manage all its hotel units that it developed. Today, the Company oversees eight hotel properties under the brands Radisson, Paramount, Rotana and DAMAC Maison. Also, the Company is building a luxurious hotel resort in the Maldives, which will be run and operated by Mandarin International. 

As market leader, DAMAC has joined forces with the most recognisable lifestyle brands to bring distinguished living concepts. Projects include luxury apartments and villas with interiors by fashion-houses Versace Home, Fendi Casa, de GRISOGONO, Cavalli and Just Cavalli and the uniquely conceptualised Paramount Hotels & Resorts, which delivers serviced living at its most opulent. 

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