Estate market
The Next Sajwani Generation Steps Out with Amali Residences
Every great family business arrives, eventually, at the same generational hinge. The founder builds the empire. The next generation must decide whether to inherit it, expand it, or reinterpret it. In Paris, the Arnault children stepped into LVMH and chose to expand and refine. In Florence, the Ferragamo and Gucci heirs each made their own version of that decision. In Geneva, the Hermes family chose, repeatedly, to defend the quieter virtues of their house against the temptation of scale. In Dubai, the same question is now playing out, in real time, inside one of the city’s most consequential family enterprises: the Sajwani family of DAMAC Properties.Their answer, in 2026, has a name. It is called Amali Residences.The Founder, the Empire, and the Next GenerationHussain Sajwani founded...