Success is gradual and requires a strong mind and soul that is not ready to give up to fight. Hussain Sajwani is among the business people who have been named the real estate titans in Dubai and the entire Middle East. Hussain Sajwani is the DAMAC Owner. DAMAC Enterprises was born in 2002 and has since then made a huge difference in the real estate business.
Hussain Sajwani was introduced in the world of business by his parents who were hard working and determined to give them a decent life. His mother sold fabrics to the women within the locality as his father ran their pens shop. Sajwani’s father showed some interest in real estate, but his main focus was his shop. There were many sacrifices that he saw his father make to sustain the business, which encouraged Sajwani and gave him an idea of how business is like.
Hussain Sajwani got fully emerged in the business world after his studies at the University of Washington where he acquired his Industrial and Economic Engineering degree. This was when he went job hunting and became the Contractor Manager in GASCO. The DAMAC Owner says that this was the worst job he has ever done in his life, but he learned valuable lessons from it. The job taught him that he would be better off letting people work for him compared to him working for another person.
Two years later, he left his employer and started his first project in the food industry. Even after his massive success in real estate, he has decided to retain his catering venture, which has over 200 projects.
In the 1990s, Hussain Sajwani realized that there was population influx caused by new people conducting business in Emirates. This is why he decided to build houses to sell to this market. Fortunately, the Dubai Government had allowed the foreigners to own property which made it convenient. That is how DAMAC Premises came to existence.
Besides his success in business, he is also a generous soul. He has been supporting the Dubai government to help the less fortunate families improve their life. Also, he contributed AED two million to help clothe children in need all over the world.