Hussain Sajwani could be the ultimate in the eyes of the world when it comes to a person who is able to capitalize on the next best thing, but he will tell you that early in life he had some doubts. It all began when he worked for his father in the family business in Dubai. His father forced him to work very long hours after school, which made young Hussain wonder if life as a business owner was worth it.
However, as he looks back, he states that these formative times held him in good stead as he really learned how to work hard and become organized. He went on to college and eventually graduated with degrees in Engineering and Economics.
Sajwani’s first real business opportunity came about as a food service operation where he worked for Americans in many different places such as Somalia, in the Gulf States and in Bosnia. He was also heavily invested in working with the US Army during Desert Storm for which he received various commendations for the excellence of the service.
In 2002 formed the DAMAC company which was and is a real estate development and management company. From a very inauspicious beginning, he quickly brought the startup into a rapidly growing concern with his penchant for aggressive marketing and promotion. The organizational skills he learned with the food service operation were valuable as he had to organize and develop DAMAC to the dynamic company that is has become today.
Mr. Sajwani properly forecasted a rapid growth in the real estate market when it was announced that the UAE would allow foreign nationals to purchase and own property in the Emirates. Today his vast array of apartments, hotels, and resorts are a testament to his abilities. He has even partnered with Donald Trump, prior to his running for President of the US, to build Tiger Woods-designed golf courses in a few of the more luxurious resorts.
DAMAC has focused on the high end of the residential real estate market in Dubai and in the middle east. With such brands as Versace, Bugatti, and Fendi Interiors, the result has been an overwhelming success of luxury accommodations. People are very eager to do business with DAMAC because of the high quality of living that is achieved.
In the company mission statement, it reads that DAMAC desires to deliver the utmost in luxury living to investors. It goes on to say that the company seeks only the highest qualified architects, engineers, and designers for the company’s projects.