Hussain Sajwani, The DAMAC Owner’s Contribution to Development of Real Estate

Hussain Sajwani attended the University of Washington, and graduated with a Bachelor of Arts degree in industrial engineering and economics. In 1982, Sajwani began his catering company, and it was not long before it picked up and got a lucrative deal to supply food to the United States military troop. He did a recommendable with the US army and landed another job with a Bechtel, a big company from the US. Sajwani landed this deal due to his unique ability to create connections and network with important and prominent individuals. Sajwani raised the capital to start his catering company by working as a contact manager at GASCO for two years after finishing his studies.

Hussain Sajwani, the DAMAC owner, was born in a humble family, and his parents struggled to make ends meet. His father owned a shop where he sold pens and watches while his mother had a fabric shop. Sajwani learned from a tender age that for a business to work, one had to be committed and constantly he applied this knowledge even in his daily life. Real estate investor Sajwani catering business had grown, but he felt the urge to venture into a sector where he could earn more.

The government of Dubai passed a law that allowed foreigners to own property. Howussain Sajwani took advantage of the situation and started DAMAC Properties in 2002. As he had predicted many foreigners flocked in Dubai and he successfully sold his units within six months. DAMAC Group expanded its operation and received global recognition as one of the best real estate companies. After a long period of debating whether to go public or not, in 2013 DAMAC was listed with the London Stock Exchange. It became the first company from the Middle East to do so. Sajwani became partners with the current US president to develop his two Donald Trump-branded Golf Courses in Dubai.

Husain Sajwani is a known philanthropist, and he undertakes various activities that give back to the society. Sajwani donates money in the name of DAMAC his company, and recently he donated to a course that is meant to clothe over a million children worldwide. He is a husband and a family guy and enjoys spending time with his family.

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