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CEO Hussain Sajwani Of DAMAC Properties Announces His Latest Property Development

Hussain Sajwani, the owner of DAMAC Properties, recently announced that one of his latest residential structures had available units. This is called Rěva Residences and it lies in the middle of the Business Bay district of Dubai, UAE. The building includes both one and two bedroom apartments, all luxuriously appointed. The units also have fantastic views of one of the highlights of Dubai, the Dubai Canal.

As a luxury building the Rěva Residences has several world-class amenities. This includes a concierge that is available around the clock, an outdoor courtyard, a play area for children, and landscaped gardens. The starting price of a one bedroom apartment at the Rěva Residences is just AED 699,000. Each unit has a fitted kitchen and large bathroom.

When talking about the Rěva Residences, Hussain Sajwani, acting in his capacity as CEO of DAMAC Properties, said that the building lies right at the heart of where the business, entertainment and leisure district lies in Dubai. It’s a fantastic location that has many options for things to see and do within minutes. He said that there is a wealth of retail choices that can be easily walked to.

Hussain Sajwani founded DAMAC Properties, which he continues to wholly own, in 2002. He is an entrepreneur who has been called one of the most influential Arab men in the world. He has a net worth around $4.2 billion USD and holds two college degrees he earned at the University of Washington. He also owns an international catering firm that he started in the early 1980s called Global Logistics Services. Additionally, he is a global investor who now owns a piece of many companies around the world.

Hussain Sajwani has developed DAMAC Properties into one of the biggest property developers in the Middle East. He recently started expanding his company into Europe. His first property development to take place in that region of the world was a luxury development in London called Akyon London Tower One. This building is located in the very popular Nine Elms neighborhood. He is also eyeing places to build in other countries such as Germany and Spain.

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