Facts About DAMAC Owner Hussain Sajwani
Hussain Sajwani is the founder and Chairman of global property development company DAMAC Properties. A native of UAE, Hussain Sajwani went on to graduate from the University of Washington with degrees in engineering and economics. After completing his undergraduate education, Hussain Sajwani began his career in the finance department in Abu Dhabi Gas Industries. Shortly after this, in 1982 he established a successful catering business. This catering venture is still operational and operates as Global Logistics Services.
Hussain Sajwani went on to establish DAMAC Properties in 2002. DAMAC Properties is one of the largest property development companies in the middle east. In 2015, DAMAC Properties became publicly–listed with shares traded on the Dubai financial market. DAMAC owner Hussain Sajwani was a pioneer of the property market expansion in Dubai. He has been instrumental in the property development in Dubai as the population has increased due to a growing influx of people coming into the country to do business and trade.
Today DAMAC is one of the leading property development institutions. DAMAC has several prestigious projects throughout the world in Dubai, Abu Dhabi, Doha, Amman, Beirut, Jeddah, Riyadh and London. DAMAC employs nearly 2000 employees and has developed over 21,700 homes. DAMAC maintain a development portfolio of over 44,000 units.
DAMAC owner Hussain Sajwani has received various accolades for his efforts, including Property CEO of the Year in 2017, a top 15 ranking by Hotelier Power 50, Real Estate Legend 2018 and Real Estate Business Leader of the Year 2018
Hussain Sajwani has plans to pursue efforts in the active economy of China. He recognizes that diversity is essential to the success of DAMAC Properties. DAMAC currently employs 77 different nationalities from every continent. Hussain Sajwani has actively made efforts to utilize social media and other technological advancements to advance DAMAC Properties’ development efforts.
As the global economy continues to evolve and grow, Hussain Sajwani is confident that DAMAC Properties will continue to be a player in property development innovation and efforts worldwide.