The Success Story of DAMAC Owner: Hussain Sajwani

Hussain Sajwani is a renowned entrepreneur, businessman and a greater leader. He is the Founder and Chairman of DAMAC Properties, a leading property development company. He has excelled in his pursuit for success. DAMAC Properties and other businesses have earned him a lot of success and recognitions and he has been featured in a popular list multiple times as one of the most influential Arabs. The billionaire is looking to extend his businesses to Asia.

Early life

Hussain Sajwani has not only been known as famous DAMAC owner, but also as a person with a big heart who helps others to succeed. He spent his years as a young man to help his family business grow. In his father’s shop, he sold watches.

He was awarded a scholarship by the UAE government to go and study in the United States. He pursued Economics and Industrial Engineering in the University of Washington. Recognizing the value of education, he studied while earning money through selling timeshare apartments. He later worked at a big financial company where he gained valuable experience.

Mr. Sajwani realized that he could make a lot of money using his ideas. He started a catering business that flourished and now, it is an international business. He later ventured into real estate.

DAMAC Properties

Before he started DAMAC Properties, real estate was among the most lucrative investment sectors. DAMAC Owner realized that and founded DAMAC Properties which went from developing small-size hotels to developing prestigious buildings and towers across top areas of Dubai.

Hussain Sajwani was encouraged by Dubai’s forward vision to support developments in Dubai. DAMAC went global and its portfolio developments include over 44,000 units as well as over 17,900 homes. The company was featured in Forbes’s list of top 2000 fastest growing companies in the globe.

DAMAC OWNER’S Vision

Sajwani (@hussainsajwani) has been impressed by the economic growth in Asia and he looks to increase DAMAC Properties’ presence in China. He wants to take advantage of China’s middle class which is ever-growing. However, his heart is in Dubai and it will remain his inspiration. He is always ready to take a calculated risk for a worthy course.

Other Businesses

The successful businessman is affiliated to other various businesses including DICO Investments, Akyon Maldives Resort and Mina Al Sultan Qaboos.

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