How Hussain Sajwani Succeeded In The Middle East Property Development Industry

Hussain Sajwani is an internationally recognized businessman from Dubai. He is the creator and chairman of DAMAC Properties, an international property development company that he established in the early 2000s after working as a contract manager in GASCO, an oil company under the Abu Dhabi National Oil Company.

Before the establishment of DAMAC Properties, Hussain Sajwani was dedicated to helping others succeed. He was supporting his parents in growing their family business where his father owned a shop that sold watches and other goods imported from China. He started gaining experience at a young age and noting the importance of risk-taking. Later on, he won the government scholarship to study in the US. During his years in the US as a student in the University of Washington, Hussain Sajwani was working as a property salesman for timeshare apartments. He later graduated with a degree in Economics, and Industrial Engineering then decided to earn money by himself.

The DAMAC owner knows the importance of having relevant experience, so he worked for two years in the finance department of a large company where he was responsible for payment processing. He then decided to start his own company so that he can earn more. The was when he decided to start a catering company in 1982 and the company that grew fast and became the leader in the market with more than 200 successful projects and 150,000 meals ordered daily. The company still exists and has expanded to the international market. Later own, Hussain Sajwani saw an opportunity in the real estate sector and started DAMAC Properties.

The DAMAC owner joined the real estate business by developing small hotels and later grew to the point of developing huge towers in the heart of Dubai. The massive vision of the founding fathers of UAE was the motivation that led Mr. Sajwani to develop DAMAC Properties. Since its creation, DAMAC Properties has grown in service provision to international markets with projects in the UK and other Countries in the Middle East. The company has more than 2000 employees and has completed development of more than 17,900 homes as well as 44,000 units.

See further details: https://www.alarabiya.net/ar/aswaq/companies/2018/01/17/

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