In January of 20018, DAMAC Properties owner, Hussain Sajwani announced their latest luxury apartment development in Business Bay which overlooks the Dubai Canal. The development is named Reva Residences and contains one and two-bedroom apartments with all of the latest luxuries available and features a concierge that is available 24 hours a day, 7 days a week. Business Bay is one of Dubai’s most bustling centers of business and the Reva Residences is right in the middle of the bustle. The spectacular views are some of the best in Dubai and are something every one from a young executive to a retiree can enjoy. There are fabulously beautiful gardens, a swimming pool, gym, sauna room, children’s park, and gorgeous courtyard.
DAMAC Properties is owned by Emirati billionaire Hussain Sajwani, who was named by Forbes magazine as one of the world’s top 10 richest Arabs. As a teenager Hussain managed to secure a scholarship to come to the United States and study at the University of Washington. He graduated from the college with a degree in Industrial Engineering and Economics and then returned to Dubai in 1981, beginning his career in the finance department of Abu Dhabi Gas Industries. In 1983, Sajwani started his own successful catering business that currently has contracts with the United States Military and Bechtel. The company is currently known as Global Logistics Services and has a reputation as one of the finest catering business in the Middle East.
Sajwani formed DAMAC Properties in 2002 and over the post 16 years it has become one of the largest real estate development companies in the world. DAMAC currently manages a portfolio of over 19,000 properties in the Middle East. The company currently has over 40,000 units that are in the process of being developed. Under the tutelage of Hussain Sajwani, DAMAC is known as having some of the finest properties in its portfolio and is widely regarded all around the world. The company has some of the finest golf courses and hotels in the world, even developing a golf course with one of the best golfers in the world, Tiger Woods.