Category Archives: Real Estate Expectations

Hussain Prince of Dubai?

Investors shouldn’t buy or subscribe to any transferable securities referred to within this statement except on the basis of data contained in the prospectus (the”Prospectus”) meant to be printed in due course by DAMAC Real Estate Development Limited, a business being installed under the legislation of the Dubai International Financial Centre as a new holding company and indirect parent (the”Business”) to, DAMAC Properties Development Co.. LLC of this DAMAC set of companies (collectively,”DAMAC” or the”Group”), in accordance with the proposed admission of the organization’s international depositary receipts into the typical listing section of the Official List of the UK Listing Authority and to trading on the London Stock Exchange plc’s most important market for listed securities through its International Order Book (regulated market section ) (“Entry”).

Forbes Middles East mentioned that in about 3 December 2013, DAMAC Properties became the initial Dubai Real Estate Company in the Middle East area to record on the London Stock Exchange via an international depository receipts programme, DAMAC Properties has launched another residential development in Dubai called AKOYA Oxygen. In 2002, Sajwani launched DAMAC Properties, among the largest property development companies in the Middle East, the business has developed around 19,000 flats since its beginning and contains over 44,000 units under different phases of development.

Soon afterwards, in 2001, according to The National, a new judgment in Dubai permitted, for the first time, foreigners to own property land Sajwani seized on the chance a year later in 2002 using all the established of DAMAC Properties, a property, and land development firm operating primarily from Dubai to cater to the burgeoning marketplace from overseas investors and property seekers.

DAMAC properties are responsible for those luxurious freaks of architecture built up along Dubai’s skyline. Hussain Sajwani climbed up in Dubai at a middle-class household focused on selling. Sticking to the company has been great for its 63-year-old Sajwani. The Business has developed a few 15,500 flats since it was established in 2002 and contains yet another 40,000 units it intends to build and market, in the Dubai area. Also see Sajwani’s profile on Bloomberg.

The very first job was rather powerful, and it prompted Hussain Sajwani along with his firm to work harder and create more investments. After several decades, individuals from different fields of the world recognized that Hussain and his firm have something amazing to offer, plus they began searching for their solutions. The business started doing jobs in the worldwide marketplace, and they’re paying nicely.

Additional Reading: https://www.cnbc.com/2018/01/23/cnbc-interview-with-hussain-sajwani-damac-properties-founder-and-chairman-from-the-world-economic-forum-2018.html

Hussain Sajwani’s Unique Leadership with DAMAC Properties and Global Logistics Services

Hussain Sajwani is the Chairman and founder of DAMAC Properties. DAMAC is a global property development company. Sajwani has a Bachelor’s Degree in Economics and Engineering from the University of Washington. He started his career in the finance field with Abu Dabi Gas industries in 1981 and then moved to doing catering avenues, which included the U.S. military, two years later. It eventually became known as Global Logistics Services and is still in operation today.

As mentioned in watanserb.com, Hussain Sajwani founded DAMAC in 2002. It is now one of the largest property development companies in the mid-east with almost 20,000 apartments and almost 45,000 other buildings in various stages of development. The company now has about 15,000 employees globally.

When asked what inspired him to found a company like DAMAC, Hussain Sajwani states that he helped out at the family business and was selling time-shares during his college years. By the time he founded Global Logistics Services, he realized that he also had a growing interest real estate. He started out by building hotels and then towers in prime areas of Dubai.

Sajwani spends his days in a lot of meetings. First with his management team to stay updated on various aspects of the business. Then with business partners and community members. He makes his ever-expansive network a very high priority and this is one thing that has led to his success. He also says that digital marketing and social media have been really helpful in helping his businesses expand.

Sajwani says that one secret to his success is visualizing what Dubai will look like in another decade or two. He believes in taking calculated risks accordingly. He also travels quite a bit and reads quite a bit of history. He stated that the best $100 he recently spent was on a book with pictures of how Dubai looked half a century ago. He says that one secret to know where something is going to remind yourself of where it has been.

One thing he emphasizes is not fearing failure but instead staying focused on the ultimate goal. His favorite quote is one about business leaders not only having a vision but tirelessly driving it to completion by Jack Welch, ex-CEO of GE.

Hussain’s Social Media Profiles:
https://ar-ar.facebook.com/HussainSajwaniOfficial/
https://www.instagram.com/hussainsajwani/

How Damac Owner Hussain Sajwani Has Risen To Be One Of Dubai’s 100 Top Businessmen

Being listed as one of the 100 most influential Arabs in the world, Hussain Sajwani has the business credentials that will really make an impression on any observer. He has established Damac Properties, a global property developer and is currently its chairman. This real estate businessman went to the University of Washington where he studied Industrial Engineering and Economics.

He first involved himself in the catering business in 1982 and grew to become a market leader where he managed over 200 projects and served more than 150,000 meals daily. His customers were diverse, with some coming from Africa, while others are in the CIS and the Middle East.

In 2002, Hussain Sajwani pioneered the expansion of the Dubai property market by establishing Damac Properties. This company grew to be one of Middle East’s biggest property developers. Its business influence has reached different cities in the Middle East including Riyadh, Jeddah, Beirut, Amman, Doha, Abu Dhabi, Dubai and even overseas in London.

To date, Damac Properties has delivered more than 17,900 residential units. This company’s development portfolio has more than 44,000 homes at different stages of planning and completion.

In an interview, Hussain Sajwani was asked where he got his idea of starting Damac Properties. The Damac owner said that he realized that he could increase his income by going into business. He first started his catering business. But his interest in real estate grew more than his interest in catering. So he started developing small hotels and then graduated to building bigger projects such as commercial towers in the heartland of Dubai.

He was also asked during the interview about his habits that made him more productive as a businessman. The Damac owner said that he likes to expand his horizons by traveling. This practice enabled him to see different approaches to life. He also revealed that he is fond of reading history books focusing on early civilizations. Hussain Sajwani said there are many valuable lessons that we can learn from the pages of history.

The Damac owner was also asked about his typical workday. He said that he usually meets the members of his management team to ensure that he gets updated on what is going on in his company. Sajwani added that there are times that he also meets his business partners and representatives of business organizations.

Source: http://www.aljazeera.net/

Hussain Sajwani reveals the relationship between DAMAC Properties and Donald Trump

Dubai is one of the fast-growing countries in the Middle East. A few years ago, Dubai was more of a dessert than a modern city. But with numerous luxurious developments mushrooming from every corner of the country, Dubai has been transformed to an ultra-modern country, attracting numerous tourists and investors. DAMAC Properties is one of the few companies that are the center of development of high-end commercial and residential projects in Dubai. The real estate company is owned by Hussain Sajwani, a wealthy businessman who was recently ranked in the fourth position by the Forbes with a net worth of $4 billion. His company, DAMAC Properties was also ranked the fourth largest in the Middle East.

Hussain’s early life and education

Hussain Sajwani is an Emirati born into a middle-class family. His father, Ali Sajwani was an established businessman in the town of Deira. Hussain is the eldest son and the favorite of his father. Hussain started accompanying his father to the family shop from a very young age. While staying with his father, the DAMAC owner learned a lot of things that have contributed to his current success.

Hussain Sajwani went to the U.S where he enrolled for a degree at the Washington University. He was offered a scholarship to study Economics and Industrial Engineering. in his entire life, Hussain wanted to acquire a good education and then use it as a stepping stone to his entrepreneurial life.

Venturing into business

The DAMAC Owner first ventured into entrepreneurship in 1982. He founded the Global Logistics Services, a company in the catering industry. He grew the catering business to become one of the biggest in the Middle East. in 1996, he ventured into real estate by developing his first five three star hotels. In 2002, he established DAMAC Properties, a company that focuses on the development of luxurious property in Brazil.

Properties associated with his company

DAMAC Properties has so far developed more than 44,000 units of both commercial and residential properties. Some of the popular developments by DAMAC Properties include Trump World Golf Course, recreational properties, DAMAC Hills; Holly-wood inspired DAMAC Towers, AKOYA Oxygen among others. DAMAC Properties started partnering with Donald Trump even before he was elected the president of the United States. The DAMAC Owner maintains that they have a professional relationship with Donald Trump. Recently, he was quoted that Trump’s political views will have no impact on their brand. Get the latest news about Sajwani on Facebook and/or Twitter.

Helpful site: https://www.bloomberg.com/profiles/people/15249401-hussain-ali-habib-sajwani

Jim Toner: A Pioneer in the Real Estate Industry

Jim Toner has an extensive background in real estate, radio, speaking and consulting. He has done numerous real estate speeches around the country and many of them have been with other high profile guest. Jim is famous for his easy to follow real estate investment strategies and people regularly pay thousands of dollars to attend his seminars. He is also a philanthropist and is known for his work with veterans and the homeless.

Jim nicknamed his real estate team, “The Band of Rebels” because of how his team approaches the real estate industry with a rebellious attitude and not conforming to the normal way of doing things. His team is a collection of experienced entrepreneurs with a don’t quit attitude and they seek the same in entrepreneurs interested in their system.

Jim starts most of his days before 6:00 am. He spends the first half hour or so clearing his mind and getting his thoughts together. After that, he goes to the gym. He has been dedicated to fitness all of his life and feels that it benefits your personal and professional life. He enjoys listening to books and podcasts during his workouts. During his workday, he does not follow a strict preset agenda. Instead, he handles the priorities and follows the path they lead him on. Jim also does not believe in working extreme hours into exhaustion. He feels it is more important to be rested and sharp than working while you are burned out. he typically takes an afternoon nap to recharge.

According to sendinthewolves.com, Mr. Toner brings ideas to life by simply taking immediate action and not focusing on the possibly of failure. He does not focus on trends because they tend to come and go, but he is excited about podcasts. He feels they are the future and offer the same results as reading but in an easier format.

Looking back, Jim feels that he would tell his younger self that life has its ups and downs, but its about how you respond to adversity. Wealth does not buy you happiness because there will always be worries in life whether it’s finances, health etc. One thing that hardly anyone agrees with him on is that financial disaster are not the end. Jim feels that money can be easily gained or lost.

The one thing that Jim recommends to everyone is to read as much as possible because he feels that it is the foundation to success. Mr. Toner states that he does not know any successful person that does not read. The most important business idea that Jim tells his readers is to simply give back to help others. He feels that in some unexplainable way you will reap far greater rewards than what you gave out.

Read more: https://www.slideshare.net/jimtoner

Town Provides Success for Real Estate Hopefuls

The Town Residential real estate model promises to show their clients that they are going to do the best for their real estate needs. They make sure to always give the people that they serve what they want and this has paid off big time for the company because they have been really successful as a result.

 

 

When Town Residential first started out, they planned to be the best in the luxury real estate business in New York City. They made sure that their business was better than the rest and that they were able to satisfy the needs that all of their clients had instead of just some of the needs that they heard of in the business. This was the first time that a real estate agency had made such a promise and it ended up paying off for the leaders of Town Residential because they were able to see a lot of success from their efforts.

 

The company continued to be a big success when they were working in the real estate field. Because of that, they branched out to different areas in New York City. They are able to work in all five of the boroughs and this has allowed them to really extend their services to all of their clients. They can find properties and sell them no matter where their clients are and this has allowed them to be one of the best businesses in the industry as a result of the efforts that they have put in.

 

Whether someone is looking for a great home in Manhattan or somewhere else, Town is able to find it for them. The company has made it their mission to always provide for their clients. No matter how ridiculous the request seems, Town will go to every effort to be able to satisfy the needs of their clients. Rumor has it that they even scored a home with a carriage garage in it for a certain high-profile celebrity. Who needs a garage for their carriage when they’re living in Manhattan?

 

Because of the way that they have worked so hard and the way that they have been able to help their clients, Town Residential has been one of the most successful real estate agencies in New York City in the three short years that they have been in business. This is something that is almost unheard of, especially in New York where the demand for property is much higher than the supply of properties in the city. They have recently opened their tenth office since they have been in business, averaging slightly over three offices per year in an industry that does not have a lot of success.

 

The Latest New York Real Estate Trends with Town Residential

The New York real estate market is always changing. Like any other real estate market, it is always a good idea to know when it is expected to increase in value or decrease. This is important for both buyers and sellers on the market. Town Residential specializes in high end real estate, and while this can prove different from less expensive properties, currently the New York City real estate market is not seeing a drastic difference. So, for anyone who is looking to enter or exit the market, it is a good idea to look into what all is expected to go on within the market itself.

 

According to Town Residential, prices have solidified and do not appear as if they are going to shift in either direction. This can be good for both buyers and sellers. First, sellers don’t need to rush themselves into buying property simply because they are afraid the property is going to increase in price. On the other hand, sellers don’t need to rush to sell the property in fear of it dropping down in value again. The only real aspect anyone needs to take into consideration is the interest rate sellers receive for their mortgage. This interest rate is expected to slowly climb, which means buyers might see a small percentage point increase. This can increase the overall repayment value some, but over the course of 10 to 30 years, it is not terribly substantial.

 

Another thing to look into that Town Residential points out is how there is not going to be much in way of major deals made. With the foreseeable future flatlining, there are no peaks or valleys, which means nobody is going to receive a great price on a home because of the market and sellers are not going to receive more than what it is worth due to the market either. Outside of someone looking to sell quickly or someone who needs a home right away, the market is going to be rather straight forward. So, for those who are looking to buy or sell a home, Town Residential just wants everyone to take their time.