Hussain Sajwani is renowned as the Owner of DAMAC Properties Limited. He has made a legacy in the United Arab Emirates following his incredible success in the real estate business. Hussain was outstanding from his colleagues in that he was smart in both school and extra curriculum activities. This won him a scholar to the University of Washington. He graduated with a Bachelor’s degree in Industrial Engineering. He then pursued economics in the same institution and was employed by GASCO right after he completed his education. In the process of his employment, he developed some interest in catering. This triggered his mind towards saving, and he soon launched his own catering business.
Hussain Sajwani, the owner of DAMAC Properties, was born in Dubai in 1956. Having been born of a father who used to run a family business, Hussain used to help in running the business every evening after school. This is thought to be among the major contributions of his great entrepreneurial skills. He has shown tremendous potential via his small catering business that has boomed and grew into an international catering firm. The firm has caught the attention of great customers such as Bechtel (US Construction Company) and the US military. The firm has got tenders to supply meals to the US military based in Bosnia, Kuwait, Saudi Arabia, Afghanistan, and Qatar. This has led to its great name and expansion all over the Middle East and Africa. Its currently supplies over 150,000 meals in a day.
Besides catering, Hussain Sajwani has extended his investment to real estate business. He used his catering business as the stepping stone. He used the savings to develop real estate business gradually. He began buying land in undeveloped neighborhoods. This was a calculated move as the region began to grow and enticed expatriates from all across the world. Foreigners were exhibited from owning property in Dubai, but the growth momentum triggered India and the UK expatriates to start fighting for the legalization. This finally led to the establishment of DAMAC Properties by Hussain Sajwani. DAMAC Properties Limited is an exclusive property development and a sales company. The firm has experienced vast growth and is currently among the biggest names in the United Arab Emirates. The primary goal of this company was to corporate in the off plan selling of property and the funds raised via down payments to launch construction projects. However, it has surpassed all this to the biggest real estate company in UAE.