How Hussain Sajwani has Successfully Transformed the Property Market in UAE

Hussain Sajwani has been described as the father of the real estate industry in UAE. For two decades now, Hussain Sajwani is still one of the most influential people in the Arab world. Apart from being influential and wealthy, he is a mentor to thousands of people around the world. Hussain Sajwani started his life in the world of business from a very young age. The DAMAC owner was introduced to business dynamics through his family business. Sajwani was also fortunate to be among the few UAE students that received a scholarship to study in the UAE.

His study at the University of Washington exposed him to the business dynamics of the USA. Working in the USA market largely influenced his business philosophy, which he still holds dear today. Apart from working and studying in the USA, he is fortunate to be one of the few investors to have the experience of the two worlds of investment. His background in economics and engineering also has an impact on the way he runs his investments.

What made DAMAC owner transform from just an employee to one of the major investors in the world? First, he has a sharp eye for opportunities. Surprisingly, DAMAC Properties is not his first venture. He first made debut in the investment world through a food outlet. However, the Dubai transformation from a typical city to what it is today made Hussain Sajwani make the change from the food industry to real estate. His company was instrumental in developing and selling high-end properties and offices in the new city. Since then, Hussain Sajwani has made some critical decisions on making the company a public traded company primarily to expand the company operations.

Currently, Hussain Sajwani has expanded to other property markets outside his home country. Over the years, he has been able to make partnerships in the world of real estate. In return, DAMAC owner has successfully entered competitive markets such as London properties market. He is also a common factor in the Arabian countries still in real estate development. To-date, his company has completed close to 20,000 homes and close to 50,000 units around the world.

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RE/MAX Is Trying To Get Its Piece Of The New York Real Estate Market

According to an article published on Real Estate Weekly, RE/MAX has recently bought back its Master Franchise in the state of New York. Dave Linger, the man responsible for building the company into the powerhouse it is today, is on a mission to take over the New York City real estate market.

Terri Bohannon, a company veteran, has been placed in charge of leading the team that will come up with a new marketing and branding campaign for the New York market.

The interesting thing is RE/MAX already has an office in Manhattan. The problem is the company has never been able to figure out a way to grow in the area.

Linger believes that will all change with this new marketing and branding campaign. He was quoted as saying, “It’s just about getting the right management team, selling franchises to the right people with the right drive and ambition and leadership style.”

The good news is within the last 5 years, several upstarts have come on the scene and experienced great success. Companies such as Keller Williams New York, BOND New York and TOWN Residential have all grown at a very rapid pace in the last few years. RE/MAX hopes to do the same thing.

About TOWN Residential

When Andrew Heiberger founded TOWN Residential in 2010, he never thought it would be so successful. After just 5 short years TOWN Residential was considered one of the top luxury real estate service firms in the New York area.

When asked how he grew his company so quickly, Heiberger said its because he understood small wouldn’t work. He also stayed away from the “discount brokerage” model as he knew it wouldn’t attract high end clients.

He took a more neighborhood based-approach and it has proven to be a very smart move.

To learn more about TOWN Residential and what they have to offer visit them online at www.TownResidential.com.