DAMAC properties are the most lavish real estate development company in Dubai that offers the most lavish properties in Dubai. The vision of the company is delivering a foresight of luxury for customers. DAMAC properties are offering new tenders for the construction of a second tower at its opening of an elegant master development named AYKON City on Sheikh Zayed street which is a six-tower development. The contract for the construction of the tower entails the building of three ground floors, ten platforms in addition to a recreational facility, 49 apartments and a rooftop. The development area amounts to one million seven hundred thousand square feet. The construction is evolving rapidly with piling work finished. Having moved to the stage of giving out contracts the company is looking forward to the appointment of a new construction associate as stated by the senior vice president of DAMAC properties and should be as early as May 2018.
Hussein Sajwani is presently the Chairman and CEO of DAMAC group, real estate company focusing on rentals, recreational and business assets in Dubai and the neighbouring countries. Its headquarters is situated in Dubai. Hussain Sajwani created the DAMAC group in 2002. The decree by the government to allow foreign investment and ownership of real estates paved the way for DAMAC where Hussein took an opportunity and sold his first real estate units before their completion of construction. DAMAC became the first real estate company in the UAE to be recorded on the London Stock Exchange due to its fabulous accomplishments.
Hussein Sajwani being the CEO of DAMAC group, worked with Donald Trump before being the President of building Golf club owned by Trump. In 1983 he began a catering business with Bechtel and the United States military being its consumers. He has also been involved in charity works that assisted the government of Dubai in improving the people’s standards of living across the world. DAMAC properties made a donation that would foresee the clothing of more than 50,000 children. The explicit success and achievements of DAMAC are due to Hussein Sajwani’s foresight and management skills.