Hussain Sajwani is a Dubai-based entrepreneur who founded DAMAC Properties. As the DAMAC owner he is his firm’s chairman of the board. He is a graduate of the University of Washington and a few years after returning to the United Arab Emirate he launched his first firm. This company, which presently serves more than 150,000 meals each day, counts the U.S. military among its biggest customers.
When Hussain Sajwani established DAMAC Properties he was a pioneer in the Dubai real estate market. Before 2002 foreigners were barred from owning real estate in the United Arab Emirate. The ruler of this nation eliminated this rule and Hussain Sajwani was one to take advantage of this. He decided to focus on luxury properties that would appeal to international businessmen.
Over the past 16 years, Hussain Sajwani has established DAMAC Properties as an international brand. He has developed real estate projects in multiple cities across the Middle East. He recently invested in a new luxury tower located along the banks of the Thames in London. He is now looking to expand into other European cities that he sees as locations where property values are on the way up.
Hussain Sajwani says that being the chairman of DAMAC Properties means he spends quite a bit of time meeting with his management team as well as business partners and others. He needs to be kept up to date on various aspects of his firm each day. He says that when it comes to real estate the professional relationships you establish are extremely important which is why he is always looking to maintain relationships and forge new ones.
Much of DAMAC Properties advertising has moved online. Hussain Sajwani says that social media, in particular, is a great thing to advertise his properties on. He likes how these platforms create a dynamic communication landscape on which he can talk directly to people around the world.
The Hussain Sajwani family continues to live in Dubai. He says he always makes time for his family which consists of him, his wife, and their four children. He says he enjoys traveling, golfing, and other hobbies and interests as well.
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