Kobain

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The Incredible Investment Journey of Hussain Sajwani, the DAMAC Owner

Finance & Real EstateReal Estate / October 29, 2018 / No Comments /

Dubai is known as the primary address of luxury real estate and elegant lifestyle of modern-day living. This is made possible by visionaries such as Hussain Sajwani, who never settle for less and work relentlessly to see their visions, dreams and ambitions come to fruition. Hussain Sajwani, who is the founder of DAMAC, was not born rich or connected; but his success was a result of sheer personal effort and unmatched hard work. His family background also fueled his determination besides giving him a priceless entrepreneurship experience at a tender age. He spent a considerable time in his father’s watch shop where he helped him with the daily activities of the shop, and thus learning valuable business lessons. As per albayan.ae, the DAMAC owner excellent performance in education ensured that he was one of the students who received a scholarship from the UAE government to study in the United States.

Consequently, Hussain Sajwani enrolled for a degree in Economics and Industrial Engineering at the University of Washington. As the spirit of entrepreneurship had been instilled in him at an early age, it was crystal clear for Sajwani that venturing into business was the ultimate destination for him. Therefore, Sajwani did not spend a lot of time as an employee as he would soon start his catering business after working in the finance department of a multi-national company for almost two years. However, the DAMAC owner admits that the job gave him enormous experience which he utilized in his business.

He started his catering venture by supplying food to the U.S. military, and soon grew his business to a large scale that saw him serve more than 150,000 meals on a daily basis. Today, he serves international markets including Africa, Commonwealth States, and the Middle East. When the UAE leadership decided to open the Middle East real estate market to the world, Hussain Sajwani jumped in and founded DAMAC properties. His decision proved to be a profitable move as the UAE experienced a boom in real estate, and Dubai became the central attraction. The DAMAC owner would, as a result, become a billionaire, and since then, the music of success has never stopped.

Reference: https://www.damacproperties.com/ar/media-centre/press-releases/hussain-sajwani-damac-foundation-sponsors-one-million-arab-coders-initiative


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