DAMAC Properties recently announced its latest luxury development. It is named Rěva Residences and it is located in Business Bay. It features luxuriously appointed apartments, both one and two bedrooms, and it overlooks Dubai Canal.
Rěva Residences offers high-end amenities such as a 24/7 concierge. It is located at the center of Dubai and offers what DAMAC Properties calls a lifestyle-focused concept. The one bedroom apartments at this residential tower start at just AED 699,000 as the are priced very affordably for such an exquisite place.
Hussain Sajwani, the owner of DAMAC Properties, has said that he placed the Rěva Residences at Business Bay because that is the heart of the city’s business, entertainment, and leisure neighborhoods. He said that this new development offers amazing views and high-end comforts at a great value proposition. He said that most people expressing interest are those who are upwardly mobile executives or successful young couples who want to live at the center of it all.
As the CEO of DAMAC Properties, Hussain Sajwani has led a very successful property development firm for 16 years. His leadership has led DAMAC Properties to be listed in the #1 position on Forbes 2017 Global 2000 list. He also made their list as one of the World’s Richest Arabs in that same year.
Before he was the CEO of DAMAC Properties, Hussain Sajwani owned a catering firm that counted among its biggest clients the United States Army. He comes from a family of entrepreneurs. His father owned a retail store in Dubai where he sold goods that he had imported from India. It wasn’t long after completing college that Hussain Sajwani followed in his footsteps and founded that first catering company.
While Hussain Sajwani is kept busy as the CEO of DAMAC Properties, he also makes plenty of time for his family. He is married and they have four children together. His oldest son, Ali Sajwani, works for DAMAC Properties and was recently named as a Middle East Future Stars by one prominent business group in that region of the world.