Mr. Hussein Sajwani: Founder and Backbone of Damac Properties Ltd

Mr. Hussain Ali Habib Sajwani was born in 1956 to a middle-class family in Dubai. He worked in his father’s watch shop as a child. His inspiration came from his father who taught him entrepreneurial skills.

 

Ali Habib graduated with a degree in economics from the University of Washington. Sajwani joined GASCO and served as a contract manager. Hussain, later on, left the job and joined Abu Dhabi National Oil Company as a subsidiary. However, this was not the end for Mr. Hussain for, in 1982, he established DAMAC LLC which later on changed its name to DAMAC Group.

 

DAMAC LLC started as a catering service which supplied food to hotels, institutions, and construction campsites. In addition to this, they also supplied food to the US army, for example, during the operation Desert Storm in 1991. Sajwani was a pioneer of property market expansion, and he identified non-Emiratis as main apartment buyers. He built Middle-class hotels and also bought land in a then-undeveloped part of town and built a 38 story building. In less than six months after construction, six units had been sold.

 

In 2002, he established DAMAC Properties LTD in Dubai. Damac is a public company involved in engineering, construction, architecture, and real estate. It has grown to be one of the largest property development companies in the Middle East. DAMAC is known for its luxurious estates and prestigious projects.

 

DAMAC owner teamed up with Donald Trump to develop The Trump International Golf Course. Currently, they are working on Trump World Golf Course which has been designed by Tiger Woods. Trump praised the Hussain Sajwani family during his inauguration speech for his profound business skills. Mr. Sajwani gave a cheque of 2 million USD to AED in a campaign to clothe a million derived children around the world. He believes in assisting the government in efforts of helping the society.

 

Hussein Sajwani is married with four children and lives in Dubai. He believes that all is achievable when dedication coupled with desire and determination. He has lived up to this by helping grow DAMAC LLC to a multi-billion dollar company. Interesting to note, Ali Habib serves as the Chief Executive Officer and Chairman at DAMAC Properties Co, LLC.

 

To learn more, visit http://www.damac.com/terms-of-use/.

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