Following his election to The White House in 2016, President Donald Trump imposed a ban on all new foreign deals to avoid as many conflicts of interest as possible over the coming years. One business partner who felt he could wait for the President to finish his term in The White House before renewing their business relationship is Hussain Sajwani, the DAMAC owner who has built a strong working relationship with the Trump organization across the 21st-century including two new golf course based resorts.
Starting in 2002, the Hussain Sajwani family has been at the heart of the success of the luxury real estate markets in Dubai and across the Middle East. The DAMAC Properties group works to provide the highest possible level of luxury for individuals who are looking to live at a luxurious location with many of the units offered by the company located in tower blocks for safety and the largest number of amenities possible.
In 2017, the focus for Hussain Sajwani switched to providing resort-style living options based around a central golf course at the two newest locations of the brand which has enhanced the focus on the relationship between Hussain Sajwani and Donald Trump. Bringing the most respected individuals possible to the construction of these two initial golf course resorts included the employment of Tiger Woods as the architect of the courses which are located around various amenities and impressive Beverly Hills-style villas and condos.
The approach to the business of Hussain Sajwani has always remained focused on creating as little debt as possible over the course of the construction of any luxury accommodation. Sajwani believes each project should be self-sufficient as he saw many of his rivals in the luxury real estate market fall by the wayside over the course of the 2008 global economic crisis because they used loans and funding from various projects outside what the funds were earmarked for. In contrast, the business model developed by DAMAC Properties sees each project given its own account and must be fully funded before construction begins.
Visit http://www.damac.com to learn more.