Hussain Sajwan Damac boss Hussain Sajwani has had a difficult year, with a slump in the real estate company’s shares contributing to a 30 per cent drop in his fortune, which still sits at an impressive $3.6bn. The firm’s founder has been vocal in his expectations for another challenging year ahead for Dubai’s property market, but has continued… Damac boss Hussain Sajwani has had a difficult year, with a slump in the real estate company’s shares contributing to a 30 per cent drop in his fortune, which still sits at an impressive $3.6bn. The firm’s founder has been vocal in his expectations for another challenging year ahead for Dubai’s property market, but has continued to push projects forward with confidence, recently awarding contracts worth $96.1m for work on luxury residential towers Reva Residence and Vera Residences. Damac’s flagship 55 million square foot community Akoya Oxygen also progresses, with the handover process set to start this year. CEO and chairman, Damac Origin:UAE Residence:UAE Sector:Real estate