Hussain Sajwani

SAJWANI HAS BEEN a key beneficiary of Dubai’s recent property market momentum, his company Damac now wielding total assets of over $4 billion. Last year, the property developer announced extensions to several of its projects, a brand new 55 million sq ft mega development AKOYA Oxygen, a new hotel apartments operator, and an extension to a branded hotels and residences contract with Paramount. In January, Sajwani also successfully listed the firm’s shares on Dubai’s main stock exchange, through the conversion of its London Global Depositary receipts.