Hussain Sajwani is a successful businessman who created the DAMAC Properties. He currently serves as Chairman, Founder, and Chief Executive Officer for the group. Hussain Sajwani was born in 1954 to a conservative, and middle-income, entrepreneurial family. His father began selling watches and pens for a living. The young, impressionable Hussain Sajwani has been a part of the family business since he was the age of 3. As a young man, he recalls his mother also structuring a business by selling fabric and other household goods to the locals. Mr. Sajwani’s father displayed pride in his business by ensuring that it was successful by any necessary means, even if that meant spending time away from his family. He encouraged his son to follow in his footsteps by taking over the shop. Hussain Sajwani was disheartened by that particular business due to the long and strenuous work hours it required, as well as the family’s overall struggle to make it work. Instead, he set about his own course and ventured out to attend medical school in Baghdad.
His entrepreneurial spirit was ignited when he discovered an opportunity to purchase land in the much desired Dubai area. The keen scholar maximized the moment by accomplishing residential unit sales prior to his plans for construction. Here, the financier was well on his way to embarking on a career that would eventually be easier to manage and more fulfilling than that of his childhood experience. Hussain Sajwani began a journey of resurfacing major cities in the Middle East. He has shaped thriving cities such as Qatar, Saudi Arabia, Dubai, the United Kingdom, and other select regions. His development conquests consist of townhomes, villas, mansions, and high-end apartment towers.
Mr. Sajwani is renowned for creating quality assets and for being an expert in major investment strategies. Recently DAMAC Group has turned to the luxury golf resort industry, establishing award-winning golf courses and partnering with high profile builders such as Donald Trump. Hussain Sajwani also leads the Middle Eastern region by being the first real estate group to reach the London Stock Exchange market, which sets the bar for its competition. The successful billionaire often is inspired by his family as he cultivates other properties. He has a drive and propensity to incorporate opulent creature comforts at every opportunity-possibly due to the fact that he did not experience these comforts growing up. Hands down, Hussain Sajwani has reached a height in his success that most could only daydream about, yet he continues to be inspired to develop memorable structures around the world.