One of the most lucrative businesses in the 21st century is that luxury property development and management. Over time, people have become more specific about how they want their living and working spaces to be. As a result, the demand for luxury properties is blooming. Hussain Sajwani is an Emirati billionaire and businessman extraordinaire with interest in a variety of industries. He is the founder of one of the largest property developers and management company, DAMAC Properties. The company has constructed high-end luxurious buildings in the Middle East and the United Kingdom. The company that was founded in 2002 has stamped its authority in the design of the spectacular and high-quality properties.
The entrepreneurial spirit was cultivated in Hussain Sajwani from a young age where he used to stand in for his parents at their pen and watch shop. He learned the ropes of entrepreneurship at an early age and utilized them in his own business. The businessman is an alumnus of the University of Washington where he studied Industrial Engineering and Economics. After school, he worked as a contract manager for GASCO, an affiliate of Abu Dhabi National Oil Company. Hussain Sajwani, the DAMAC owner, still had the idea of real estate in mind all this while and therefore started his own catering business to fund his goal. The catering division grew tremendously to be able to serve over 150, 000 meals a day to educational institutions, military camps, five-star hotels, and many places.
With the success of his catering venture, Hussain Sajwani (@hussainsajwani) now could fund his ambition of real estate. He started out by constructing hotels and rental spaces to accommodate the influx of people that had come to Dubai to do business. In the early 2000s, a law was passed that allowed foreigners to own property in Dubai, UAE. Sajwani took this opportunity to expand his real estate business into the luxury market through his company DAMAC Properties. The company experienced a lot of success and started partnering with household names like Bugatti, Just Fendi, Versace, Tiger Woods and the president of US Donald Trump. The latter enjoy a cordial relationship that stemmed from their collaboration in building two luxurious Trump branded Golf courses.
Follow Hussain Sajwani on Instagram: instagram.com/hussainsajwani/