Hussain Sajwani is the Chairman and CEO of DAMAC Properties, the biggest real estate property development company in the Middle East. He joined business in 1982 after graduating from the University of Washington with a degree in Industrial Engineering and Economics. Before he started his business, he was working with a company known as GASCO as a Contracts Manager. His first business was in the catering field. The catering business is still in existence to date and is doing very well. It has over 200 projects and serves over 150,000 meals a day.
Hussain Sajwani is among the early investors in the real estate sector. He is among the pioneers who established the Dubai Property Market. In 2002, he was up to a great start after he established his first ever real estate company known as DAMAC Properties. In the real estate industry, he is the best performer of all time. He understands the market better than others. He predicted the 2008 crash in the property market and took cost-cutting measures to preserve his business.
DAMAC Properties is a company that survives where others fail. With a portfolio of over 44,000 units, there is a lot that people can learn from this company. It is constantly expanding its position in the global real estate development arena. So far it has completed over 17,000 housing units, and it is in the process of competing for an extra 44,000 units in the near future. Real estate entrepreneur Hussain Sajwani is a great friend of President Trump, and both have business interest together. His influence in the Middle East and abroad is huge. He ranks in the top 10 list of most influential Arabs in the Middle East.
The idea of DAMAC Properties came from the experience of young age. He saw the way his father used to do business and learned how to manage his own. He learned basic business skills which he used to manage his first business. His love for business would grow when he studied in the United States. He spent time selling time-share apartments, an exercise that gave him an opportunity to succeed in business.