No one will ever think that the son of an Indian immigrant and a spice seller will one day be the mastermind behind one of the most innovative business and property group in the world today! But Hussain Sajwani founder and owner of DAMAC Properties have managed to do just that and many more today.
Born in the UAE in the mid 19th century, Hussain Sajwani had his first set of education in the local government schools in the region and later because of his excellent performance won an education scholarship from the Dubai government to study abroad. Making him one of the very first sets of students where he was sent to Washington University and graduated with an honours degree in Economics and Engineering.
On his triumphed return, Hussain Sajwani started his ambitious business and career as a catering service being offered in the UAE and later to other countries in the region. He starter DAMAC properties an exceptional luxury, real estate business back in 2002 and has now turned out wonderfully well into a multibillion-dollar property agency competing with the top whales in the real estate market in the world today with branches in many to cities. As the sole owner of DAMAC properties, Hussain Sajwani took a giant leap by giving out some of his estates as shares in the UK financial stock market where he invested about £600 million.
His key secrets of success were his ability to glide with the market tides even where there are no waves. This helps his company come out victorious even in the face of financial downturns. Definitely, every investment has its up’s and down’s, the DAMAC properties have managed to stay afloat in high tides, making millions of profits for a long stretch at a time in the market.
Today most big names associated with DAMAC properties include Nine Elms property limited, Mina Al Sultan Qaboos, Aykon Maldives Resorts and investments like the Dico investments. He has even joined the oil industries by completing pipelines which will be handed over to the government in the nearest future.