Hussain Sajwani’s Ambition to Change the Face of Dubai’s Real Estate through DAMAC Properties

The formative stage of a child’s life shapes his or her life. Since the brain of a child is like a blank slate, lessons learned at this age are bound to stick. In fact, the teachings a child is exposed to at that age become essential tools to use in unfolding the untold riches in the near future. One such person who has become prominent courtesy of drawing off life worth insights from their families includes Hussain Sajwani the DAMAC owner.

 

Auspicious Career Steps

As a young boy, Hussain Sajwani was expected to concentrate on his education. However, he stretched his dreams a notch-higher. While he valued education and went to school each morning, his evenings were spent in the family shop together with Ali Sajwani his father. Therefore, his ambitions were enlivened. What’s more, Sajwani the DAMAC owner excelled in his studies at Baghdad and won a scholarship to the University of Washington for Industrial Engineering and Economics study. As an observant employee, the gap between Dubai and Washington was a total difference for Hussain Sajawani. In fact, Wal-Mart alone was fifty times larger than the biggest shop in Dubai. To him, this was a clear business opportunity. Therefore, having been struck by a conviction that all was possible, Hussain Sajwani the DAMAC owner returned to Dubai and began working at Abu Dhabi Industries. After two years of work, the veteran had collected enough capital and founded a catering venture which later grew to be the most abundant food catering company in the region.

 

Founding DAMAC

In the year 2002, the government created a business enabling environment through a 99-year property lease policy. Consequently, Hussain Sajwani foresightedly coined DAMAC properties to be part of the anticipated development. Today, the firm is notably soaring so high as Hussain has implemented revolutionary strategies to aid in the growth of the business. For that reason, a report from Forbes indicates that Hussain the DAMAC owner is among the top ten richest Araba globally. The company has undertaken bold projects like the $6.5bn Akoya Oxygen project which will encompass 55 million square fit among other deluxe constructions by DAMAC.

Get the full story on Hussain Sajwani: https://arabi21.com/story/1020040/%D8%A8%D9%84%D9%88%D9%85%D8%A8%D9%8A%D8%B1%D8%BA-%D9%85%D9%86-%D9%87%D9%88-%D8%AD%D8%B3%D9%8A%D9%86-%D8%B3%D8%AC%D9%88%D8%A7%D9%86%D9%8A-%D8%B1%D8%AC%D9%84-%D8%AA%D8%B1%D8%A7%D9%85%D8%A8-%D8%A8%D8%A7%D9%84%D8%B4%D8%B1%D9%82-%D8%A7%D9%84%D8%A3%D9%88%D8%B3%D8%B7

The Outline

Sajwani, the DAMAC owner, has carefully shaped his career in the real estate industry in a manner that allows him to be not only a role model but also a revered and instrumental leader in Dubai’s real estate. Moreover, he has created strong business ties with America and other established real estate industries.

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