Hussain Sajwani is a highly successful Emirati businessman who serves as the DAMAC owner, founder, chairman and CEO. DAMAC Properties is one of the worlds most successful property development companies worth multiple billions of dollars. Hussain Sajwani is massively successful today but before he was the DAMAC owner, he came from a humble start. Hussain was born in 1954 into a hard-working middle-class family. His upbringing was very family oriented and Hussain’s father was the owner of a shop where he sold pens and watches. From this early age, Hussain learned the craft of entrepreneurship. When he reached adulthood, Hussain studied at the University of Washington earning a degree in economics. After his college career, he worked for the company GASCO in the oil industry. Filled with a desire to start his own thing, Hussain began a catering business in 1982. Today that catering business is still going strong and serves in excess of 150,000 meals a day to construction camps, 5-Star hotels and army bases.
The early 1990s saw Hussain enter the real estate business in the area of hotel development. He saw a niche to be filled as Abu Dhabi became a destination for entrepreneurs from all over the world to come to trade. It was in 2002 that Hussain Sajwani became the DAMAC owner, founded the real estate development firm with the object of developing exclusive properties to serve the business clientele that came regularly to Dubai and the UAE. The company had a rapid growth and was soon operating in Saudi Arabia, North Africa, Qatar and Oman among other countries in the Middle East. The company owns the distinction of being the first real estate developer from the Middle East to list on the prestigious London Stock Exchange.
DAMAC Properties and the DAMAC owner Hussain Sajwani is known for developing some of the most iconic structures in the Middle East today. Among DAMAC’s developments are locations such as Executive Heights in Dubai, Lake Terrace at Jumeirah Lake Towers and Park Towers in the DIFC.
Outside of his business life Hussain is well-known as a dedicated family man. He lives with his wife and children in Dubai.