DAMAC Properties, founded by, Hussain Sajwani, is a real estate development firm, recorded its highest growth rate in 2017 along with other major conglomerates. With its commitment to provide an unparalleled standard of living with luxury apartments, is currently the leading firm of its kind in U.A.E.
During its existence for 16 long years, they have built 19,000 apartments with 44,000 units in the implementation phase which will be completed in the near future.
DAMAC Owner Hussain Sajwani was born in 1952. He started his career working in the finance division of Abu Dhabi Gas Industries in 1981. After 2 years, he shifted to the field of catering and had important clients like the U.S. military, etc. The catering business, now called Global Logistics Services, is still functional. Currently, Mr. Sajwani is worth $4.2 billion and is a major shareholder in DAMAC properties.
The reals estate developer shares the same vision as their founder, of giving back to the society, who have supported and accepted them throughout their existence. One of their top priority is to contribute to the education sector. Education that will emphasize creating and maintaining a sustainable environment that would aid our future generations.
DAMAC properties have donated major funds for noble causes. Dubai Cares Organization received 10 luxury apartments that would help their cause, with each apartment costing a fortune. DAPAC properties created the means for Dubai Autism Centre by donating AED $1 million, to build a top-notch facility for children suffering from autism.
The most trending initiative is the One Million Arab Coders. In this programme, citizens of all age are encouraged to upgrade themselves and become experts in today’s digital world. A two-year course has been introduced, which can be further divided into distinct phases. The programme offers a scope to become a Full Stack Web Developer, Application Developer, Data Analytics and Front-End Web Developer. Every phase lasts for three months where they learn programming languages of their choice. The candidates can opt for any one of the four programmes mentioned above. The overwhelming response was observed this year in April when 100,000 citizens enrolled for various programmes.