Hussain Sajwani – Putting More Value in Property Development

The focus and achievements of goals are always inspired by some hopes in the future or by experience. Hussain Sajwani is one of the people who has had great success in the property industry. His love for entrepreneurship can be traced back to his relationship with his dad who had an import business.

Hussain Sajwani is an intellectual and brilliant man. As a teenager, he had the opportunity to study at Washington University, a chance that added more skills to his business passion. However, his first source of income was a job with the Abu Dhabi gas industry as the contract manager. After some time, he had saved enough to start a catering business.

The business has grown to an extent it is exporting some of the food and supplying many private and public institutions in the Middle East. The recent statistics show that the business provides more than 150,000 meals daily in more than 200 projects.

The catering idea was an opportunity well seized but not the ultimate goal. Another opportunity presented itself in the 90s when the number of people coming to the UAE for business was growing very fast. Hussein Sajwani built several hotels and hospitality service center. By 2002, the firm had grown that he decided to start his company the DAMAC Properties.

DAMAC Properties started primarily as a property developer with business in major cities in the Middle East. The properties are in Doha, Jeddah, London, Abu Dhabi, Amman, Riyadh among other cities. The company has managed to build over 20,000 properties, and additional 40,000 are still under construction.

Besides real estate ventures the DAMAC owner, operates other business in the such as Al Amana Building Materials in Oman, and Al Anwar Ceramics tiles co., which is the only other company that manufactures tiles in the country. Hussain Sajwani has also been involved in the capital market, buying shares from small public listed companies.

As a recognized brand, the DAMAC owner works with other reputable brands like the Trump Organization. Donald Trump and Hussein have a great relationship that has enabled them to build the Trump golf course in Dubai.

Hussein Sajwani is also known for his humanitarian need assistance primarily in the month of Ramadhan. He has occasionally makes a generous donation towards feeding and dressing the needy. The contributions help create a good image of DAMC properties.

Recommended site: http://www.arabianbusiness.com/property/393676-did-i-foresee-what-would-happen-no-but-i-saw-an-opportunity

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