Born in 1952 in the United Arab Emirates, DAMAC owner Hussain Sajwani began his career in the food service industry, working with customers such as the construction firm Bechtel and the U.S. military. Whereas Mr. Sajwani still owns his food service company, he is best known as the founder, CEO and Chairman of DAMAC Properties. Some of his business sense, he learned from his father, an Emirati entrepreneur who sold various goods like watches, and Parker pens imported from China.
Hussain Sajwani is a highly intelligent, educated man. He had the honor of being one of the first group of Emirati students presented with a government scholarship and sent to the United States for higher education. Mr. Sajwani obtained his Bachelor degree in Industrial Engineering and Economics from the University of Washington.
DAMAC Properties was formed by Hussain Sajwani in 2002. He had the foresight to leverage a government decree that permitted the ownership of property in the United Arab Emirates by foreigners. He began his venture with DAMAC Properties by purchasing a section of land in Dubai that had yet to be developed. Through his savvy real estate management skills, he was able to design his first 38-story residential structure and then sell all the units in less than six months, prior to construction even beginning.
The reputation of Hussain Sajwani in developing Dubai as as a shining example of real estate development in the world is well known. Mr. Sajwani and DAMAC Properties have played an integral role in making Dubai one of the “crown jewel” destinations for developers, businessmen and tourists in the Middle East. His stature and expertise in the real estate world has even been recognized by Donald J. Trump, who worked with Mr. Sajwani and DAMAC properties to design and develop two Trump-branded golf courses in Dubai.
It is in the heart of Hussain Sajwani to give back to the Emirati people. In 2017, the Hussain Sajwani – DAMAC Foundation sponsored the Dubai Future Foundation’s One Million Arab Coders initiative to train young Arabs to contribute to business and society in the 21st century.
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