Hussain Sajwani Net Worth and Struggle of His Career

Have you ever wondered what the world's top billionaire Businessmen's net worth is? From endorsement deals to wages, these sports stars' net worth is incredible. Discover Hussain Sajwani's net worth in 2025 and the secrets behind his incredible wealth.

Hussain Sajwani is a billionaire businessman from the United Arab Emirates. He founded DAMAC Properties, a real estate development company, and DAMAC Group, a private investment firm. Forbes said he was among the richest Arabs as of July 2022. The former US president Trump has a close friendship and business relationship with Sajwani.

Hussain Sajwani Net Worth

Hussain Sajwani's net worth in 2025 is estimated to be $5.1 billion. His financial situation is nothing short of amazing. This significant income shows his financial prowess, powers his remarkable boat purchase, and supports his passion for building a collection of rare and expensive automobiles.

Keeping an eye on business has been beneficial for the real estate magnate. His Damac Properties generated $2.3 billion in revenue in 2015. Since 2002, his company has produced 15,500 residences, with another 40,000 under construction or planned in the UAE and elsewhere.

Hussain Sajwani Early Life

Hussain Sajwani was raised in a middle-class family in Dubai. Hussain Sajwani parents belonged to a middle-class family. His father sold watches, clothes, and Chinese-imported products at the local souk. Sajwani would frequently visit his father's shop after school.

His mother went door-to-door selling items to women in the community. Sajwani was a good student, and in 1978, the government awarded him a scholarship to study in America.

He spent a few months in Atlanta studying English before enrolling at the University of Washington and earning a degree in industrial engineering and economics. During college, he supplemented his income by selling timeshare properties in the United Arab Emirates.

Hussain Sajwani Career

After graduating, Sajwani began working on contracts in the financial department of Abu Dhabi Gas Industries. He observed how much money could be made offering services and quickly realized that he'd be better off starting his own business.

Two years later, he quit his job and opened his own food business in Abu Dhabi. He used the money he gained from selling timeshares as his capital. His catering business was quite successful. His enterprise, which is still in existence today, provided meals to American troops in Kuwait, Afghanistan, Saudi Arabia, Qatar, and Bosnia.

In the mid-1990s, Sajwani began establishing small hotels in Dubai. Then, in 2001, the Dubai government began allowing foreigners to own property, and Sajwani saw dollar signs. He soon began buying land and selling luxury real estate.

Sajwani created Damac Properties in 2002 to build condominium complexes on property he had acquired in the then-undeveloped Marina region. He implemented the plan of selling the units before they were built, which enabled him to use the buyers' down payments to finance construction. His first skyscraper, the 38-story Marina Terrace, was completely sold in less than six weeks.

Sajwani's marketing activities are constant. He competes with two larger, wealthier developers, Emaar and Nakheel. To generate interest in his properties, Sajwani has plastered Damac Properties billboards throughout Dubai. One hundred sixty-six billboards are advertising his luxurious lifestyle.

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Hussain Sajwani Personal Life

Hussain Sajwani's wife and four children live in Dubai with him. His son, Ali Sajwani, is the managing director of the businesses of DAMAC Group and a graduate of Northeastern University in Boston, Massachusetts, where he studied economics.

The Arabian Business Achievement Awards 2017, hosted by Arabian Business, recognized him as one of the Middle East's rising talents.

His daughter, Amira Sajwani, holds a master's degree in finance from the London School of Economics and graduated from University College London, where she specialized in project management for construction. She is the Senior Vice President at DAMAC.

Hussain Sajwani Real Estate

He developed bold and creative marketing strategies to stand out in the crowded Dubai luxury real estate market. For the past ten years, when the annual Dubai Shopping Festival occurs in January, Damac Properties has given away a free BMW or Lamborghini to apartment buyers.

The company offers complimentary Jet Skis during other seasons of the year. Those who purchased a house or villa from Sajwani last year were also given a complimentary studio flat for a certain period.

To entice wealthy Chinese consumers, Damac offered prospective residents who reserved an apartment a Dubai visa, airline tickets, and a hotel stay during a two-month promotion that ended in December.

Hussain Sajwani Life Style

In 2011, Sajwani was prepared to leave the difficult times behind and start planning his next Dubai project. In October 2012, he agreed to pay the government $350 million in instalments for land. This is the property with the Trump-branded golf course.

Sajwani bought an additional 92 acres of land near the Dubai Canal for $330 million. He can still persuade many individuals to buy into his idea of a luxurious lifestyle.

Hussain Sajwani Achievements

• Ranked 15th on Hotelier Power.
• Real Estate Business Leader of the Year 2018.
• Ranked 26th on the 2019 Power list published by Construction Week.
• Named in the 2020 list of Cityscape Intelligence's most important figures in the MENA real estate sector.
• Recognized as one of the International Hospitality Institute in the World of Hospitality in 2022.

Awards

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Frequently Asked Questions

Q. Where is Hussain Sajwani originally from?

He is originally from Dubai, United Arab Emirates.

Q. Who is the CEO of DAMAC?

Hussain Sajwani is an Emirates Billionaire businessman and CEO of the DAMAC.

Q. What is Hussain Sajwani's current ranking in the United Arab Emirates?

He is currently ranked second in the United Arab Emirates.