Hussain Sajwani’s Success as DAMAC Owner and CEO

Hussain Sajwani, a property developer, is a billionaire from the Arabian world born in the 1950’s. He is DAMAC Properties’ founder and owner. Hussain was born to entrepreneurial parents. Through a government scholarship, the DAMAC owner joined the University of Washington where he specialized in industrial engineering and economics. After university studies, he worked in Abu Dhabi Gas Industries before starting a catering venture and later establishing DAMAC Properties.

DAMAC Properties began in 2002. It is one of the leading luxury real estate dealer companies in Dubai. It has had successful projects in Dubai, Abu Dhabi, Beirut, Jeddah, Doha and many more cities. DAMAC Properties has expanded into the broader Middle East and the United Kingdom. The company’s work cannot be equaled. It is one of the reasons for its success and popularity.

Hussain’s real estate company has more than 2000 employees. It has overseen more than 20880 homes to completion. The Dubai Financial Market trades its shares too. Through Hussain Sajwani, the company also has several joint –venture developments and subsidiaries such as Nine Elms Property Limited, Mina Al Sultan Qaboos, and Aykon Maldives Resort. The DAMAC owner also invests in various establishments through his investment known as DICO Investments Co LLC (began in 1992).

It is entirely accurate to say that any company is as good as its owner. DAMAC Properties has Hussain Sajwani as its chairman who has vast expertise in the property development areas as well as a profound knowledge and experience in financial investment and management. He has contributed much to the company’s fast growth and to gain a world’s recognition as one of the best luxury real estate developers.

Being one of the best, DAMAC Properties has received many awards throughout the years for its various achievements in diverse property development areas. It has won the Construction Week Awards 2017, Forces Top Real Estate Companies in The Arab World Awards in 2016 and many others. The DAMAC owner was ranked as number 15 on the Power 50 list of the CEO Middle East Awards 2017. He also received the Property CEO of the Year Award from the CEO Middle East Awards 2017.

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