Driven in Dubai: Hussain Sajwani
Looking at Hussain Sajwani’s trajectory from middle class kid growing up in Dubai to world renowned multi-billionaire DAMAC owner, one word is likely to come to mind: driven. What Hussain Sajwani has accomplished both at the helm of DAMAC and before has been impressive by any measure. Read more: Hussain Sajwani | Twitter and Hussain Ali Habib Sajwani | Bloomberg
Hussain Sajwani got his first exposure to what it is like to be an entrepreneur from his father–a shop owner who was the purveyor of imported goods.
Before starting his own business, Hussain Sajwani finished his education with a bachelor’s degree from the University of Washington and then spent a few years working in the finance department of a gas company.
Working for someone else, however, was not really his style. He was driven to do something more, and he did.
In 1983, he struck out on his own and started a food services venture. This first business would prove to be extremely successful. It managed to win high-profile clients such as the U.S. military, and it was such a success that it is still in business to this day–and still owned by Hussain Sajwani.
Still, there was a drive to do more. That more came in the form of DAMAC in 2002. That was the year that Hussain Sajwani founded the company, which would go on to play a significant role in shaping Dubai in the coming years. Learn more about DAMAC owner: https://www.linkedin.com/in/hussainsajwani and http://relationshipscience.com/hussain-ali-habib-sajwani-p3928145
DAMAC came into existence right after changed the law regarding foreigners owning property in the emirate. With non-emirati ownership permitted, DAMAC had a large pool of potential customers for its properties. DAMAC owner Hussain Sajwani saw the potential in this situation.
The company’s first project was a residential apartment building. This project proved so successful that every unit was sold before construction had even begun. This was just the first of many successful projects that DAMAC owner Hussain Sajwai would lead his company through.
During DAMAC’s more than 15 years in business, it has been responsible for the development of thousands of properties in Dubai and throughout the region. Among these have been two golf courses developed in conjunction with Donald Trump’s company.