French Architecture

Hussain Sajwani is ready to excel as the DAMAC owner

Posted on 03 December, 2018 in Philanthropist

Hussain Sajwani has cultivated skills which help him to excel in business, and perform his role as the owner and founder of DAMAC Properties. Beginning from a very early age when he helped his parents run the family business, to today running a vast real estate empire, Hussain Sajwani has had a lifetime of business experience.

While going to university in the United States, Sajwani gained sales experience through selling timeshares. After graduating from the University of Washington with degrees in Economics and Industrial Engineering, he took a job in the finance department of a large company. It was here that Sajwani gained experience with contracts and collecting payments.

Hussain Sajwani valued this knowledge enough to start his own company. He started a catering company in 1982 that scaled quickly, to the point of serving over 150,000 meals every day. He is still operating this company to this day, in markets in Africa and the Middle East.

Catering had proven to be a little less of a challenge than Hussain Sajwani was prepared for. He quickly set his eyes on new treasures in the real estate market. In the early 2000s, Sajwani started DAMAC Properties to take advantage of the opening real estate market in the UAE. He was inspired by the founders of his home country to excel in building for the future. DAMAC Properties was the vehicle he was going to use to do it. DAMAC grew quickly, just like the catering company, and today it is a public company that boasts holdings of over 17,000 homes and 44,000 units. His properties are all over the Middle East and in the UK.

Hussain Sajwani believes in bringing people from different experiences to bring their life experience to help build his company. DAMAC has over 2000 people from over 77 nationalities working for them. Sajwani believes in working with his employees, giving them plenty of motivation through advancement opportunities within the organization. He believes that having clear goals to help people stay organized and empowered. In addition, the employees also need to be trusted, and given space to do their jobs.

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