Hussain Sajwani Redefining Luxury in the Real Estate Space in the UAE

One of the leading businessmen in the United Arab Emirates who has helped in transforming the real estate landscape of the country and the region is Hussain Sajwani. Since the early 2000s, Hussain Sajwani has been highly active in the real estate sector after he formed the Damac Properties, which has gone on to become one of the largest real estate company not only in the UAE but globally as well. The company has operations in many other countries other than the UAE, including in the United States, United Kingdom, Turkey, Lebanon, Saudi Arabia, South Africa, and a few other countries. Hussain Sajwani has contributed heavily to the real estate sector through the innovative commercial and residential projects that Damac Properties has developed.

According to Watanserb, as Damac owner, Hussain is always focused on finding new business and expansion opportunities. It is why he continues to develop new properties in different parts of the world that strategically place. It helps the company to boost its revenue as well as strengthen its grip on the international real estate space. Hussain Sajwani studied economics and industrial engineering from the Washington University in the United States and worked for an oil and gas firm named GASCO for a couple of years as a local contractor. However, he left the job soon to start his catering firm that he named Al Jazeera Services. Even while his catering firm was booming and growing consistently, he moved back to Dubai as soon as he heard that the government had passed a decree that would allow the foreigners to buy land and properties in UAE. More details can be read on his website.

Hussain Sajwani knew that with this decree having passed, it would become much more comfortable to attract foreign investments. Tax liabilities on the purchase of land in the country would also decrease drastically. It is how he became the Damac owner and started his real estate firm. The first purchase of land he made after moving back to Dubai was in the suburbs of the city where he planned to build a luxurious residential complex. He managed to sell the entire project in just a few days even before the first brick was laid on the land for construction.

More details: http://uae.argaam.com/article/articledetail/625283

Hussain Sajwani Is The Living Legend DAMAC Owner

ACCLAIM

Hussain Sajwani is best known as the DAMAC owner and founder. The property development firm is considered by many as the fastest growing in all of Asia. His prolific construction and acquisition has earned Hussain the moniker ‘Trump of the East.’ He founded the company in 2002, twenty years after starting his first, renowned entrepreneurial pursuit. That was a catering company that still thrives today, and is called Global Logistics Services. His 2018 estimated worth is $3.5 billion USD as reported by Forbes.

FOUNDATION

Hussain Sajwani experienced self-development in an atmosphere of negotiations and industriousness. His parents and grandparents owned retail shops where he would assist. This afforded him exposure to all aspects of their global businesses from international and regional product supplies to interaction with clients from all around the world to daily product display and pricing. The innovation attained shows forth in his strategic marketing attractions, particularly with his properties as DAMAC owner. His sharp mind as proven through his academic achievements earned him a coveted, governmental scholarship to study abroad. He matriculated into the University of Washington at Seattle. There he completed a dual degree in Industrial Engineering and Economics.

REINVESTMENT

On his website, it mentioned that the value of education and reward for diligence remains an active part of his daily life. Hussain Sajwani mentors all four of his children in both the specific aspects of his catering and development businesses and the transferable skills, as well. He also pointedly contributes to the enhancement of life opportunities for others through his philanthropic acts. For instance, he has given more than two million USD to the coding project of the United Arab Emirates, his place of birth. Their goal is to promote systematic teaching of digital and computer language coding unto one million Arabic youth. The project is called ‘The One Million Arab Coder Initiative,’ and aims to attract businesses to the Middle East and Northern Africa regions.

LEGACY

While in Seattle, Hussain Sajwani processed some of his first real estate transactions. He sold timeshares. Upon returning home, he obtained a management position with an established petroleum production and distribution business. He served there as the accounts receivable division. Seeing all of those contract payments per services and products rendered compared to his highest possible salary reignited the entrepreneur in him. Within two years he had conceived, implemented, and marketed his own offering, customized food catering. He branched out on his own and later, when the real estate market indicated imperative growth, he started DAMAC Properties. Some of his popular developments include the ‘AYKON Maldives Resort’ and ‘Nine Elms Property Limited.’ DAMAC Properties trades publicly on the DFM (Dubai Financial Market) as of 2015.

You should read this: https://www.bezaat.com/uae/dubai/properties-for-sale/villas-and-palaces/archive/16624035

How HCR Wealth Advisors Values its Clients

It is evident that people tend to be different when it comes to money. This implies that personal relationships are vital features of a wealth advisory team. Situated in Los Angeles, with hundreds of customers all over the country, HCR Wealth Advisors is a leading wealth management company that is devoted to offering unmatched financial and investment strategies to their customers. The company aims to create good working relationships with all customers, designing financial plans with perceptible goals, and assisting customers to achieve their goals. HCR Wealth Advisors strives at putting its customers first all the time.

Being an independent wealth consultant, HCR Wealth Advisors has one key goal, which is serving its customers. Rather than selling those financial products at a profit or being managed by a controlling firm, HCR Wealth Advisors works as an independent company that is client-oriented in all its activities.

When it comes to charging their services, HCR Wealth Advisors is very open and transparent about its rates. The company will charge one fee based on the amount of assets under management. Note that this is something you will not necessarily find with industry competitors. This forthright and transparent rate eliminates the need to ask questions if customers will be charged any hidden fees at the end of the financial year. The company finds it rewarding to be open with its customers in everything it does, and this is the sure way to create a strong working relationship.

Good working relationship surpasses the performance

According to Glassdoor, it is vital to bear in mind that HCR Wealth Advisors is not a simply a money manager, but a wealth consultant. Here is the difference: the work of money managers is to allocate properties in a portfolio, whereby their objective is performance-based, collecting stocks and bonds in the expectations that they will perform well in the market. In essence, a money manager can promise something and fail to deliver. Therefore, once a money manager fails to perform as promised, the clients are left unhappy and wonder why they should pay for the services of a manager who is not offering a good return on investment as agreed. This performance-oriented model used by money managers is old-fashioned and does not serve the requirements of a customer.

Being a wealth consultant, HCR Wealth Advisors uses a holistic methodology in making sure they know all clients, and this makes it a relationship-based rather than performance oriented. This implies spending some time to know their customers, current financial status, their objectives and possible upcoming events that can transform their financial situation.

HCR Wealth Advisors is not affiliated with this website.

Hussain Sajwani and DAMAC Properties

Hussain Sajwani is a UAE national. He is the founder and chairman of DAMAC Properties. DAMAC Properties is an international property development organization. Hussain holds a degree from the University of Washington. His career started at GASCO where he served as a contracts manager. GASCO is a branch of ADNOC (Abu Dhabi National Oil Company). However, Hussain did not stay long with the company. In 1982, he decided to come up with his catering venture. The catering venture has grown since then to become one of the global leaders in the industry.

The catering venture manages more than 200 projects. In addition to this, the venture serves over 150,000 meals daily in various markets across the Middle East, CIS, and Africa. The company offers its services to educational institutions, army camps, construction campsites, five-star hotels as well as onshore/offshore locations. Besides, the enterprise specializes in providing additional services such as workforce supply, camp management, and maintenance.

Hussain Sajwani is one of the innovators of Dubai’s property development expansion. In the mid-90s, he constructed several hotels to accommodate the many people who visit the Emirates either for business, trade or relaxation. In 2002, Sajwani saw an opportunity in the market and decided to come up with DAMAC Properties. The company has expanded to become of the largest property development organization in the Middle East. Moreover, Hussain has a lot of experience in the field of property management from the administration, sales, legal, marketing, and finance as one of the significant drivers for any company to flourish. Currently, DAMAC Properties has many admired projects in major international cities such as London, Abu Dhabi, Dubai, Riyadh, Jeddah, Amman, Doha, Beirut, and Muscat.

DAMAC Properties has over 2,000 workers, and its shares are traded publicly on the Dubai Financial Market. The company has earned itself the best record when it comes to the luxury property development sector. The company has managed to deliver over 20,880 units with a portfolio of over 44,000 at various levels of planning and process to date.

Hussain Sajwani has worked as a member of various boards including Juno Online in New York and Emirates, the Majan University College in Muscat Oman, and Takaful Company in Abu Dhabi. He stays with his wife and four children in Dubai.

Reference: alkhaleej.ae/economics/page/fe8c106f-a20f-4223-9ff9-0cf88df61a45

Educational Investing: HCR Wealth Advisors

The financial world is rapidly changing. This change requires more insight in analyzing data and experience with individual situations. Since the world of finance affects financial standing it is important to have someone who understands it well and gives sound advice based on data science.

As the financial markets are becoming more and more unpredictable investors should be looking for a way to improve their financial health than just relying on experience. According to economic data for 2017, the year was definitely great for investing in stocks. Most S&P 500 stocks returned a rate of about 21.7% including dividend reinvestment.

But not all is good with every investment since the Financial Reserve Bank increased interest rates more than once in 2017. Furthermore, it seems to be following the same trend in 2018. Which means business owners should understand that the cost of borrowing might increase which will likely fall on the shoulders of customers with price increases.

Even if those investors who think they will get by investing in stocks understand that it may not look very promising. Because 2018 promises that it will be a very unpredictable year where an investment can become a goldmine or a complete loss it is still too early to tell. Most investors know that a year of unpredictability is followed by a year of some predictability, 2018 is still tuning out to be very high stakes year.

The whole world situation is also making the financial markets very risky. It is best to keep the risks in mind while making any investment. It’s always best to understand that unpredictability caries the most gains with the most risk.

The above reasons are why investors should have a custom crafted investment strategy for the changing economy. Investors need to understand statistical data and weigh in risk of investment. That will ensure an accurately educational financial investment with a proper understanding of the risk factor.

HCR Wealth Advisors (@HCRwealth) a registered investment advisory firm based in Los Angeles, California which works with its clients for a successful outcome. It has a transparent policy with any and all investments and educates its clients about the investment and return.

Reference: https://www.hcrwealth.com/blog/

HCR Wealth Advisors is not affiliated with this website