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Hussain Sajwani’s Journey to the Luxury Real Estate Sector

Hussain Sajwani is the founder and chairman of DAMAC Properties. He is also the majority shareholder of the company founded in 2002. DAMAC property is a luxury real estate development company that has proved to be a leader in designing some of the world’s most iconic structures. The company provides out-of-the-world living experiences in Dubai and the United Arab Emirates. That has earned it a reputation in offering luxury and quality that has seen them expand its services to the broader Middle East with bigger projects to the GCC as well as the United Kingdom. Sajwani is passionate about quality, luxury, and design and has transformed his passion into some of the most excellent and memorable works.

Hussain Sajwani graduated from the University of Washington and started his career as a contracts manager for a subsidiary of Abu Dhabi National Oils Company (ADNOC) by the name GASCO. He ventured out to start his business shortly after and started his catering company is 1982. The catering venture took off, and it has grown into a thriving business that is a market leader providing its services in the Middle East, CIS, and Africa. The company serves approximately 150,000 meals a day and manages more than 200 projects. The catering division offers its food services to five-star hotels, army camps, educational institutions, construction sites, and on-shore and off-shore locations. It also provides supplementary services, such as workforce supply, maintenance and camp management.

Hussain Sajwani was among the real estate development expansion pioneers in the Middle East. Since the 90s, the number of visits to the Emirates has increased. Sajwani built several hotels to accommodate the people and noticed that there was an opportunity in the sector. He then founded DAMAC Properties, which has been a success to date. DAMAC Properties is listed as a public company with its shares being traded on the Dubai Financial Market. It has about 2,000 employees and has developed more than 21,700 units since its formation. The company has also partnered with recognizable brands in the lifestyle & fashion industry to design luxury projects. Some of the projects are Bugatti styled Villas, Versace Italian styled Homes, and a Tiger Woods-themed Golf Park.

Recommended you read: hussainsajwani.com/ar/business-portfolio/