DAMAC Properties is a real estate construction company started by Hussain Sajwani in Dubai, United Arab Emirates in 2002. This company is a market giant with huge involvement in the architectural, construction and engineering process of both residential and commercial high-end properties in Dubai, the Middle East and has currently invoked its roots in the American economy. Even before we celebrate the progress and achievement of DAMAC Properties it is important to comprehend the success story behind its founder. Learn more about Hussain Sajwani Family: http://www.hoteliermiddleeast.com/23813-the-rise-and-rise-of-damac/
The DAMAC owner is arguably one of the biggest players in the real estate industry not only in Dubai but worldwide. Sajwani’s competence in the real estate industry is attributed to his degree in Economics and Industrial Engineering. Thanks to this, he has been able to successfully to run DAMAC’s operations from marketing, property development and sales, legal and even finance.
One of the things that Hussain Sajwani attributes to his success today is being independent. After graduating from the University of Washington, Hussain took up a Contracts Managerial position at GACO. Despite working in his field, Mr. Hussain was not satisfied about it. This led him to resign and start his own catering business in 1982. With determination and drive for excellence, the catering business outperformed other food stores in the industry.
While in the catering business, Hussain Sajwani would venture into the real estate in the 1990’s building hotels in the economy to accommodate the growing numbers of investors visiting Dubai. In 2002, the business executive was able to spot and market niche and with the support of the government capitalize on it.
Currently, DAMAC Properties reputation goes beyond Dubai to the US where it has been able to establish a good name for itself. One of the assignments that has popularized it is the Trump’s International Golf Court. Through this development, the Hussain Sajwani family has cultivated a good relationship with President Trump even being spotted at some of his events.
Hussain Sajwani even with his vast wealth strongly believes in sharing and he has been involved broadly in philanthropy. One of the courses he is famous for is the dress a million children campaign run by his Highness Sheikh Mohammed bin Rashid Al Maktoum. Mr. Hussain through his business DAMAC contributed two million AED.