Hussain Sajwani: Owner of DAMAC

9 Apr

Hussain Sajwani: Owner of DAMAC

Hussain Sajwani is the founder of the successful real estate company DAMAC Properties. He is also the chairman and the DAMAC Owner of the company. DAMAC deals in leisure, residential, and commercial properties in Dubai and the Middle East. Hussain Sajwani founded the company in 2002. DAMAC Properties is also part of DAMAC Group, which Hussain Sajwani founded in 1992. The company has done very well since its inception, it even made it onto the London Stock Exchange back in December 2013 and it was the first real estate company from the Middle East to do so. It also listed on the Dubai Financial Market Exchange in January 2015. DAMAC has built projects in Dubai, Abu Dhabi, Qatar, and the Kingdom of Saudi Arabia and plan on building more in those countries. They’ve even done some work in Lebanon, Jordan, and the United Kingdom, too. They built the DAMAC Hills golf community in Dubailand. This 42 million square feet community includes townhouses, mansions, and apartments and even some retail establishments all constructed around the 18 hole Trump International Golf Club Dubai. It was given the award for ‘Best Golf Development’ at the International Property Awards in London. DAMAC Properties includes 7 different hospitality developments that include hotels, resorts, and even hotel apartments. The company was also listed on the Forbes 2017 Global 2000 list as number one.

 

So who is DAMAC Owner Hussain Sajwani? He was born in 1954 and was raised with a humble upbringing. His family was hard working, middle class, and conservative people who above all else loved and focused on family. His father owned his own shop where he sold pens watches and also shirts and goods imported from China. By watching his father run his shop is where Hussain Sajwani learned to be humble. He watched and saw the risks that were involved with running your own shop. He also learned that he definitely did not want to follow in his father’s foot steps, although his father wished he would. He went on to college and got a degree in Industrial engineering and economics from the University of Washington.

ByGar

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