Who is Hussain Sajwani – The Owner of DAMAC Properties?

Hussain Sajwani - Damac Owner

Hussain Sajwani is a busy man. His day revolves around meetings with his management team and making sure he is always updated on the different aspects of his business. Sajwani is also meeting business partners on a daily basis as he believes that nurturing and growing his network is very important for his business. But more importantly, Hussain makes sure he spends valuable time with his family to keep a balanced life.

 

People might know Hussain Sajwani as the DAMAC owner; he is actually much more than that. Growing up, he would spend time after school helping his family business and learning that experience is crucial at a very young age. Hussain admits he’s always been a risk taker.

 

While studying in the US, he sold timeshare apartments which later helped him save money for his own business. Hussain graduated from the University of Washington, where he studied Economics and Industrial Engineering.Two years after his graduation, he realized how he could make much more money alone.

 

Hussain Sajwani’s First Job

It might seem difficult to imagine that at one time, the DAMAC owner was working for somebody else, but this was actually a valuable time for him. At the time, he worked for two years in the finance department of a large company and was involved in processing payments for contracts. Soon, Hussain realized that he could make a lot of money if he started his own business. It was the best decision he ever made.

 

Sajwani admits that the time he spent at this company was not wasted. On the contrary, he took that experience and used it to start his own path with determination.

 

Vision and Entrepreneurship

Hussain Sajwani started his catering business in 1982. Quickly, the business became a market leader managing more than 200 projects and serving over 150,000 meals daily in a number of markets including the Middle East, Africa and Commonwealth of Independent States.

 

His interests continued to grow. Hussain saw an opportunity in real estate and decided to act fast. At first, he developed small hotels and then funded bigger plans to develop towers in the top areas of Dubai.

 

Today, DAMAC has grown beyond Dubai to other countries of the Middle East and also the UK. The company has around 2000 employees and would never grow so big and powerful if Hussain didn’t have such great vision of what his business could achieve. In 15 years, Hussain managed to empower his team and gave them the freedom to do what they do best. In return, they gave them success.

 

Don’t Let the Fear Stop You

Dubai is Hussain’s inspiration. Looking at this city and imagining how it will be in 10 or 20 years from now. Hussain has always been taking calculated risks and if he believed that something has a real value and potential, he would put a great amount of effort into making it happen.

 

After so many successful projects over the years, the owner of DAMAC realized that you should never let the fear of failure stop you. “I consider every moment, success and failure a part of who I have become today. I have learned many lessons, some good and some bad, but together they have put me where I am today,” Hussain explained.

 

One of Hussain’s favorite activities is to read about history and lessons that can be learned. But he is also interested in future. The ever-evolving world of social media intrigues Sajwani. The idea that a dynamic communication and dialogue between businesses and their consumers is happening around the clock doesn’t cease to impress him. Hussain Sajwani is truly the man of vision, entrepreneurship, philanthropy, history and future.

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