The United States is set to witness a significant surge in its data centre infrastructure, thanks to an unprecedented $20 billion investment from UAE billionaire Hussain Sajwani, the founder and chairman of Damac Properties. The announcement was made on January 7, 2025, at former US President Donald Trump’s Mar-a-Lago estate in Palm Beach, Florida. Sajwani, known for his ventures in luxury real estate, has now set his sights on the booming data centre sector in the US, marking a major milestone in his company’s journey towards global digital infrastructure development.
Hussain Sajwani’s decision to invest in the US data centre market highlights his forward-thinking approach to business. During the announcement, Sajwani emphasized the importance of leveraging Damac’s expertise in real estate and data centre operations to create world-class infrastructure that supports the next wave of cloud computing and artificial intelligence (AI) technologies.
“This is an extremely exciting moment for us,” Sajwani remarked. “Our foray into the US market in data centres represents a significant milestone in our journey to build a global digital infrastructure platform that will empower businesses today and in the future
The partnership between Damac and the US aligns perfectly with the latter’s growing need for robust digital infrastructure. Data centres are essential for supporting the expanding cloud and AI ecosystems, and the US is one of the most lucrative markets for such investments. Sajwani’s commitment to investing $20 billion—with potential for even greater investment based on market opportunities—is a testament to his confidence in the US’s technological and economic prospects.
Damac Properties is renowned for its luxurious real estate developments. The company owns the Middle East’s only Trump-branded golf course in Dubai, which opened in 2017. Operating in over 20 countries worldwide, Damac has delivered more than 45,000 luxury units and has an additional 45,000 units in the pipeline.
Expanding into the data centre market is a natural progression for a company that has consistently pushed the boundaries of innovation and excellence. With existing data centre investments in ten countries across the Middle East, Asia, and Europe, Damac is well-positioned to bring its expertise to the US market.
The US data centre sector is experiencing exponential growth, driven by increased demand for cloud computing, AI, and big data analytics. Companies and governments worldwide rely on robust data infrastructure to store and process vast amounts of information. With its stable economy, advanced technology ecosystem, and growing reliance on digital solutions, the US is a prime location for such investments.
Sajwani’s move to enter the US market aligns with global trends and positions Damac to play a pivotal role in shaping the future of digital infrastructure.
The investment announcement took place at Donald Trump’s Mar-a-Lago estate, where Sajwani shared the stage with the President-elect. Trump praised the Emirati businessman’s vision and commitment to strengthening economic ties between the UAE and the US. The event also showcased Sajwani’s close relationship with Trump, further solidifying Damac’s reputation as a global player in real estate and beyond.
Interestingly, just days before the announcement, Sajwani posted a photo on Instagram with Trump and Tesla CEO Elon Musk, celebrating the New Year together at Mar-a-Lago. This public display of camaraderie underscores Sajwani’s influential network and his strategic approach to forging partnerships that drive business growth.
The UAE has long been a leader in foreign direct investment (FDI), with its government and private sector investments reaching $2.5 trillion by early 2024. According to Jamal Bin Saif Al Jarwan, Secretary-General of the UAE International Investors Council (UAEIIC), the UAE has solidified its position as a regional and global economic powerhouse.
Sajwani’s $20 billion commitment to the US data centre market is part of this larger trend, showcasing the UAE’s strategic focus on diversifying its investment portfolio and tapping into high-growth sectors like technology and digital infrastructure.
Data centres are the backbone of the modern digital economy. They enable businesses to store, manage, and process vast amounts of data securely and efficiently. As cloud computing and AI applications continue to grow, so does the demand for state-of-the-art data centre facilities.
Sajwani’s investment aims to cater to this demand by building best-in-class infrastructure that supports innovation and drives economic growth. By bringing Damac’s expertise to the US market, the company is set to play a crucial role in advancing the global data ecosystem.
Damac’s entry into the US data centre market represents a bold new chapter in its storied history. While the company has earned global recognition for its luxury real estate developments, this move underscores its ambition to diversify and adapt to changing market dynamics.
Sajwani’s vision for the future is clear: to create a global digital infrastructure platform that empowers businesses and drives technological progress. By investing $20 billion in the US data centre sector, Damac is not only expanding its portfolio but also contributing to the growth of a critical industry that will shape the future of the global economy.
Hussain Sajwani’s $20 billion investment in the US data centre market is a game-changer for both Damac Properties and the global digital infrastructure landscape. With a strong track record of innovation and excellence, Damac is poised to make a significant impact in this high-growth sector.
As the world becomes increasingly reliant on data and digital solutions, investments like these are essential for driving progress and fostering economic growth. Sajwani’s bold vision and strategic approach ensure that Damac will remain at the forefront of innovation, setting the stage for a brighter, more connected future.