Business

World’s Top Real Estate Magnates Strengthen International Ties

The Trump Organization and DAMAC Properties are working in cooperation to create one of the most important desert alliances since Lawrence of Arabia. Billionaire Real Estate Magnate and owner of the widest spread groups of developers in the Middle East, Hussain Sajwani, is looking to cultivate this important cooperation and improve his real estate profits in the region.

 

The two leading players on the real estate scene have already worked closely on many projects and share a similar view of the global market. One of their most important collaborations was the Trump International Golf Course, which allowed their combined holdings in luxury property to rise in value to over $2 Billion a piece.

 

Despite the concern of having these two important players at work in such a sensitive region, DAMAC owner Hussain Sajwani has reaffirmed his position as a capitalist not a politician. Furthermore, the real estate magnate has taken the time and effort to focus on making generous contributions to those children in less fortunate circumstances during the Muslim Holy Month of Ramadan.

 

Hussain Sajwani spoke to the press about his altruistic contributions saying, “the future of our global society is dependent on providing aid for the needy people in the world and there is none who need our generosity and god graces than the children we live with.”

 

“DAMAC Properties and the Hussain Sajwani family has promised its support and fealty to His Highness Sheik Mohammed and his commitment to improving the lives of his people now during this festive and somber month as well as the rest of the year.”

 

DAMAC Properties has been in business since 2002, when the major policy changes were enacted and allowed property in Dubai City to be sold on the international market. This was a golden opportunity for Hussain Sajwani to acquire property and increase its value considerably. The 38-storey apartment building he chose was sold in less than a year of being on the market. It had not even been fully constructed at the time.

 

Since this time, Hussain Sajwani has grown his empire to becoming one of the most important real estate developers in the regions and the world.

 

Visit http://www.damac.com/ to learn more.