If one would describe Dubai, the most likely description would be tall buildings, luxuries homes, and an amazing infrastructure. However, it was not always like that, somebody had to invest and put imaginative thinking behind what we see today. That person was DAMAC owner Hussain Sajwani, Founder and Chairman. DAMAC owner Hussain Sajwani’s journey began in his father’s watch shop, not only watching his father make sales but also gaining hands-on experience. Hussain Sajwani would unlike other boys go work at his father’s shop after school. His school work did not suffer as Sajwayani would obtain scholarships to study in the United States, one of the first students to do so.
After earning his degree in economics and Industrial Engineering from the University of Washington, Sajwani then turned his sights on the finance world where he soon realized that he had a talent for numbers and determining investments. Using these skills, Hussain Sajwani would open his first business offering catering services, it would quickly grow into serving 200 clients per day all over the Middle East, Africa and the Commonwealth of independent states. A success already, Hussain Sajwani was looking for his next venture, it did not take long though as he noticed something incredible happening in Dubai during the early 2000’s, the real estate market was opening, and he immediately saw the opportunity.
Hussain quickly invested in the market forming DAMAC Properties, a name synonymous with today’s Dubai real estate. DAMAC owner Hussain Sajwani success was, however, not as easy as it sounds, one of the obstacles that come with forming such a large company is having to open the companies records to the public, which in turn produces scrutiny and competition. Regardless, Hussain Sajwani was able to pull through and hows now provided over 17,900 homes and 44,000 units and 2,000 employees.