DAMAC Properties, a global property development company, was founded by Chairman Hussain Sajwani. He studied economics and industrial engineering and graduated from the University of Washington.
He launched a career in catering in 1982, which has grown as an industry leader; directing 200 + projects and serving 150,000 meals daily in multiple markets inclusive of the Middle East, Africa, and the CIS.
In 2002, Mr. Sajwani revolutionized the property market expansion in Dubai. This resulted in creating DAMAC Properties, a Middle East property development leader. The company has impacted development across the globe, affecting cities such as Dubai, Abu Dhabi, Doha, Amman, Beirut, Jeddah, Riyadh, and London. He has cultivated 17,900 homes with a real estate portfolio of 44,000 + units.
DAMAC’s growth is a direct result of Mr. Sajwani’s vision and entrepreneurial prowess. He ranks amongst the 100 most globally influential Arabs. His leadership style demonstrates that he has the necessary talent to translate corporate vision into a lucrative enterprise while sustaining resilience. Hussain Sajwanee’s successes in the regional and global investment market demonstrate that he has a keen, perfected eye for performance-based securities in various markets around the world.
As a youngster, Mr. Sajwani assisted the family business after school which kindled his entrepreneurial spirit. He attended school in the US and sold time-share apartments which created seed money. Two years after graduating, Hussain Sajwani decided to go into a catering business for himself which brilliantly grew regionally. He then turned his attention to real estate, developing small hotels, then larger projects in popular Dubai areas. He understands that his journey of successes and failures shapes his very existence. On a typical day, he meets with business partners for updates and enjoys spending time with family. He uses his imagination as a muse to foster global changes. DAMAC Properties CEO is intrigued by social media and travels in order to remain productive. He strongly recommends investing in real estate, particularly in cities that are thriving. Hussain Sajwani enjoys learning new things, believes in re-inventing himself, and looks to expand his businesses by thinking outside of the box.