Meet the Distinguished Business Man Hussain Sajwani: The Owner of DAMAC Properties

To be an astute investor, you must be open to learning new things to enrich your business. Great lessons are learned from the past experiences of the successful investors who were before us. Hussain Sajwani is among the pioneers in real estate Dubai and the Middle East. He began his firm in 2002, which has gained popularity since then. Experts have ranked it as the leading firm in the business.

DAMAC Properties deals with both private and commercial properties. Despite the firm being founded almost a decade ago, they have a very strong research team, which helps in ensuring that their clients get all the modest and traditional designs. The customer care service of the firm is also a factor that has led to many clients signing up with DAMAC Properties. Every client is treated equally; with honor and the attention they deserve.

The DAMAC Owner has a net worth of $3.8 billion. Hussain Sajwani has been severally spotted spending extravagantly on gifting his customers after buying apartments. The DAMAC Owner always had a passion for real estate. However, many factors were holding him back from starting the business. In the University, he sold some timeshare apartments.

After school, he secured a job at GASCO as the contractor’s manager, where he worked for two years. He describes this as the worst job he has ever done in his entire life. However, he learned lessons that have been paramount to him up to date. The first thing Hussain learned was the importance of time; he understood that every minute was of the essence in an organization because it can’t be recovered if wasted. He also learned that he would earn so much if he let others work for him.

This is why after two years in his job, he quit and began his catering business. This was to help him accrue the money that he needed to fund his dream. He was also waiting for Dubai to allow foreigners to own property. In the 1990’s, the business persons who came to conduct business in Emirates inflated the population of Dubai. Mr. Sajwani built small hotels in Dubai’s suburbs and later earned enough to build posh hotels in the urban centers of Dubai. It was after this investments that he began DAMAC Properties in 2002.

The relationship between Hussain Sajwani and Donald Trump is one that many people has found worth discussing. Donald Trump said he wouldn’t be crossing any personal deals when in his office. Despite the promise, the visit of Hussain Sajwani to Trump on the New Year’s Eve has risen many questions among civilians. Some inner source, however, confirms that there were no business discussions between the two parties. Hussain Sajwani hopes that their business relations will continue arguing that Trump’s children are very much involved in the business and, therefore, his assuming to office will have little or no effect on the partnership.

The DAMAC Owner has been listed in the top 100 most influential Arabs in the world. This is due to his success in business as well as his participation in charity work. He recently donated AED two million to help cloth two million needy children around the world.

 

Connect with Hussain Sajwani on LinkedIn.