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The Life of Hussain Sajwani – The Founder of DAMAC Properties

Husain Sajwani is a prominent businessman in the United Arabs Emirates. He is renowned as the chairman and the drive behind the formation of DAMAC Properties. DAMAC Properties is prestigious real estate in Dubai that was established in 2002. Husain pursued his education at the prestigious University of Washington and attained a bachelor’s degree in economics. After his education, he immediately ventured into his profession as a contract manager as GASCO which is a subsidiary of Abu Dhabi National Oil Company.

Later on, he launched a catering business in 1982. The business just started as a modest catering division but has currently undergone incredible growth and development into the leading business managing more than 200 projects. The catering business serves around 150,000 meals on a daily basis in different markets. Among the various regions that their markets include Africa, The CIS, and the Middle East. Apart from offering their services to army camps, educational institutions, five-star hotels, as well offshore and onshore locations, they also major in providing subordinate services such as management, camp maintenance as well as human resource supply.

Hussain Sajwani is one of the United Arabs Emirates property market development forerunners. He developed several hotels in the mid-1990s to hold the growing population of the people who come to Dubai for the sake of trading and operating various businesses. Hussain Sajwani hardly realized the prospect of the market until 2002 and launched DAMAC Properties. As we speak, DAMAC Properties Company is among the most famous property development projects in the Middle East. Hussain Sajwani has incredible professionalism in the property development industry in various departments such as sales, marketing, administrations, legal and finance which contributes significantly to the success of his company.

Hussain Sajwani was born in Sharjah in 1952. He is one of the most prominent billionaires in the United Arabs Emirates. He gained his extensive and outstanding business skills from his father who used to run a family business. Hussain Sajwani used to help his father in the business after school on a daily basis. He developed some interest in business since his childhood, and this is what drove him to start DAMAC Properties. He was featured as the fourth richest person in the world on 2018 Forbes ranking with an approximate net worth of 1.4 billion US Dollars.

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