Dubai is famous for its elegant skyscrapers, bustling as well as glittering real estate industry. Hussain Sajwani is one of the first few urban dwellers to notice that the city had the potential for growth. He is also one of those who made the investment to benefit from this fast-growing city. Unlike many other wealthy people out there, Hussain’s childhood life was not a bed of roses. He actually comes from a humble background.
Hussain Sajwani, the DAMAC Owner, comes from a middle class but hardworking as well as conservative family. He was born in the year 1953. He experienced a plethora of challenges at the company of his parents. He witnessed his father and mother work extremely hard to raise money to take care of the family.
Mr. Hussain Sajwani, the DAMAC Owner, started working when he was just three years of age. He used to sell watches and pens at the family shop. However, his real professional life started after graduating with a degree in economics. His first workplace after graduation was GASCO where he worked as the contract manager. In the year 1982, Hussain decided to start a catering business. Nowadays, it dominates over 200 projects.
After some time, Hussain Sajwani decided to invest in the Real Estate industry. This is actually where he made a great deal of money. He is the owner of DAMAC Properties, a firm that deals with the real estate industry. After careful investigation, Hussain realized that the future of the Real Estate industry in Dubai was bright. Therefore, he decided to start real estate property Development Company in the year 2002.
One of his first projects in property and real estate industry was actually a luxury residential structure that has 38 stories high. The funny thing is that the project became famous even before the construction process started. After the completion of the project, all units were sold out. The project encouraged and motivated him to work harder for the good of his DAMAC Properties.
More about Hussain Sajwani, the DAMAC Owner
Hussain Sajwani was born and raised in UAE. He is the founder as well as the chairman of the DAMAC Properties. He holds a bachelor’s degree in Economics from the famous University of Washington. He began his career at the GASCO where he worked as the contract manager. He started his own catering venture in the year 1982.