DAMAC owner and private equity investor Hussain Sajwani announced in August 2017 that he and the Roberto Cavalli Group were bringing the “Just Cavalli” look to the interior of a new vacation villa project he’s been developing. These villas started going on sale in the following September and what’s been special about Just Cavalli has been their creativity and extra details of artistry that make it known as being an “avante garde” brand. Just Cavalli CEO Gian Giacomo Ferraris said he’s been excited to expand the company’s footprint into real estate as this has been a novelty for them. This is a huge step from being simply a fashion and jewelry design company, and this adds to the glamor of golf resort housing for the Hussain Sajwani family who also are close to the Trump family.
Hussain Sajwani started entering real estate in the late 1990s and established DAMAC and its subsidiaries in 2002, but his business experience goes even further back. He got his bachelor’s degree in business at the University of Washington and started off in the oil industry as a contracts manager for ADNOC’s GASCO company. He launched his first business as a caterer to a variety of clients from hotel owners, construction companies, humanitarian aid organizations and even the US military during the Gulf War. Sajwani was making millions with catering, but he became even more ambitious as he saw the Abu Dhabi and Dubai real estate markets surging in real estate.
The first notable property that Sajwani had built under DAMAC was the Marina Terrace in 2005 with its exquisite, and he followed it up with the first DAMAC Tower project the following year during which he partnered with the Versace company’s Beirut branch to do the interior. He had started doing several resort construction projects with the Trump’s in the early 2000s, but he had the biggest resort built in 2011 at the Tiger Woods golf course, and in 2016 he and now President Donald Trump announced the Trump International Golf Club. Sajwani is also the owner of DICO Investments and has acquired Al Anwar Ceramic Tiles and has partial ownership in Al Ahlia Insurance Company. He also setup a philanthropy organization to support refugees feeling war-torn areas of the Middle East.
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