The DAMAC owner Hussain Sajwani has become one of the world’s leading luxury real estate developers with the focus squarely on developing new and existing markets. The DAMAC Properties brand is perhaps the most famous from Hussain Sajwani as the company has been at the forefront of the development of the luxury real estate markets in Dubai. Sajwani has enjoyed a large amount of success in the luxury real estate markets but these are only the latest areas of interest for a business leader who has been building bridges with various industrial sectors for many years.
The Sajwani family are not the gilded birds one would expect when we are discussing a luxury real estate developer who has been at the heart of the industry for more than a decade. Born into a working-class family, real estate investor Hussain Sajwani began his career in business while still at school by helping his father sell watches and clocks from the small store. The University of Washington graduate would later explain his belief this initial sales training has stood him in good stead for the career he is now pursuing. After completing his studies on a UAE government scholarship to the U.S., Hussain Sajwani (@hussainsajwani) entered the oil and gas exploration industry but soon spotted the chance to start his catering business.
The DAMAC owner initially formed the company as a catering service for workers in the oil and gas sector who were not given food by their employers in the 1970s and 80s. By the time of the Iraq Wars, Hussain Sajwani and DAMAC had become a catering services provider for the U.S. military who would eventually award the founder an award for his services to the war effort in the 1990s and 2000s.
In the 21st-century, the DAMAC owner has become one of the most respected speakers on real estate development in the world providing his insights for world leaders and political experts on a regular basis. With more than $4 billion in his personal fortune, Hussain Sajwani is one of the leaders of the luxury real estate markets and has interests across the planet.