Hussain Sajwani: The Backbone of DAMAC Properties

Hussain Sajwani serves as the chief executive officer and chairman of the renowned DAMAC Group. He is also the founder of the successful company and has seen it grow to where it is now. As some would think that Hussain Sajwani’s success is as a result of his background; this is not the case as he started off in humble beginnings. Hussain was born in the year 1954 to middle-class parents whose lives were encompassed with much hard work to ensure that all their basic needs were met. His father was a businessman where he sold watches to earn a living for his family while his mother sold household goods and fabric. At the same time, his father was involved in the real estate industry. Despite his father’s efforts to have him get involved in his business, Hussain’s interest was in becoming educated so that he could one day have a career. Being focused and motivated at such a young age, Hussain was able to secure himself a medical government scholarship. However, he halted his studies before completion. As a result of learning from the best entrepreneur, his father, Hussain decided to follow his success path.

 

DAMAC Group was birthed in the year 2002 by Hussain Sajwani and is located in the heart of Dubai. The company majors in real estate where it specializes in commercial properties, leisure, and residential properties around the Middle East and Dubai. The success of DAMAC Group is partly attributed to a government ruling that permitted foreigners that wished to have a piece of the real estate cake. Since Hussain Sajwani had realized that most foreigners were interested in the real estate market, Hussain commenced disposing of residential units despite not being put up yet. Under his leadership, the company has become quite successful, and in the year 2013, the company was listed on the London Stock Exchange. DAMAC Group’s presence has been felt in various states such as the United Kingdom, Dubai, Saudi Arabia, and Qatar.

 

DAMAC Properties oversees two great projects in the heart of Dubai where mansions, villas, luxury apartments, and a luxury golfing community are all located. In the year 2013, Hussain Sajwani teamed up with President Donald Trump to create the famous Trump International Golf Course in Dubai. Apart from being an extraordinary businessman, Hussain is also a philanthropist who is dedicated to helping the needy in the community.

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