Hussain Sajwani Talks About His Success And Falls In The Real Estate Business

Hussain Sajwani is a UAE National and the founder and chairman of the worldwide property development institution, DAMAC Properties. He graduated from the University of Washington, where he attained his degree in Economics and Industrial Engineering. Hussain Sajwani started his business career humbly venturing into the catering business, back in 1982, the business he still owns to date.

How the Catering Firm Grew Under His Leadership

Husain Sajwani’s first project in the catering industry grew, stretching its footprints larger, which made it turn into a trans-regional front-runner. With his food supply business, he managed over 200 projects where he served more than 150,000 meals every day in markets, which include the Middle East, Africa, and CSI.

How DAMAC Properties Came About

Mr. Hussain Sajwani, the DAMAC owner,  was one of the first investors in the Middle East property market when he got serious ignited interest in construction first in 2002. He got a good understanding of his opportunity and decided to settle in founding his own construction company, DAMAC Properties. DAMAC Properties became very eminent over the years listing in one of the leading global construction companies.

Hussain Sajwani made his company enormous, with a presence in Dubai, Abu Dhabi, Amman, Doha, Beirut, Riyadh, Jeddah, and London. to date, DAMAC has done tremendous delivery of 17,900 homes, with a development portfolio of 44,000 units in different of planning and advancement. Due to his competence and entrepreneurial profession, Hussain Sajwan has been ranked in the list of top 100 most influential Arabs. With his experience over decades, he is skilled and he puts his focus in transforming his vision into corporate reality. The company’s rapid growth and sense of job opportunities can be attributed to Hussain Sajwani’s hard work and persistence in the company’s management.

The Idea of Launching DAMAC Properties

When asked about how the idea of DAMAC came across, Hussain Sajwani explained that growing up, he would often spend time after school helping his father to run his own business. He started from a very young age and the experience nurtured him instrumentally into developing an entrepreneurial spirit. He went and said that his interest in real estates continued to grow, and at first, he developed mal hotels, which funded his bigger plans to develop towers in the most prime areas in Dubai.

Connect with Sajwani on LinkedIn: https://ae.linkedin.com/in/hussainsajwani

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