Hussain Sajwani, the visionary behind DAMAC Properties, is rapidly transforming his luxury real estate empire into a diversified business powerhouse. Known for developing opulent villas, branded residences, and golf-course communities, Sajwani is now making bold moves well beyond property — branching into technology infrastructure, luxury branding, and data centers.
In one of his most ambitious projects yet, Sajwani has pledged a $20 billion investment to build data centers across the United States through his company Edgnex, aiming to tap into the growing demand for cloud services, AI infrastructure, and digital assets. This expansion underscores his strategy of merging real-estate wealth with futuristic technology.
On the luxury front, Sajwani’s business is also moving into asset tokenization. Through a landmark $1 billion deal with the blockchain platform Mantra, DAMAC will tokenize parts of its high-value real estate, hospitality, and data center holdings. This allows fractional ownership of luxury assets via blockchain — a major innovation in how these traditional, high-priced assets can be traded.
Sajwani’s empire isn’t limited to real estate and tech. He has acquired Roberto Cavalli, the iconic Italian fashion house, and de Grisogono, the Swiss luxury jeweler, positioning his business group at the intersection of real estate, fashion, and lifestyle. With these moves, Sajwani is reshaping what it means to be a “luxury business tycoon” in Dubai — building a legacy that blends bricks, blockchain, and beauty.
