Hussain Sajwani is the Founder of DAMAC Properties, as well as its current chairman. Today, it is one of the most highly-regarded global property development companies in existence, which is a direct result of Mr. Sajwai’s keen business acumen, and uncanny foresight. He attended The University of Washington, where he garnered degrees in Economics and Industrial Engineering, after which he returned to the Middle East, securing a position in the financial sector of Abu Dhabi Gas Industries. After a two-year stay, Hussain Sajwani decided that it would be more lucrative to work for himself, and he promptly started, what is now known as, Global Logistics Services, using funds that he made selling time-share apartments while at The University of Washington. Today, that venture has evolved into a powerhouse, serving 150,000 meals each day, in regions throughout Africa, the Middle East, and the Commonwealth of Independent States. Today, as one of the pioneers of Dubai’s property market expansion, Mr. Sajwani is listed as one of the top 100 most influential people of Arabian heritage. He recently discussed the practices that have made him a consistent winner in the world of entrepreneurship, as well as the things that keep him motivated today.
The idea for DAMAC Properties was formulated in Hussain Sajwani’s youth, as he spent a large portion of his time, assisting his father with his business. This period would provide a young Hussain Sajwani with inside access to the inner workings of entrepreneurship, in turn, instilling a lifelong passion in him. Over time, his love for entrepreneurship would intertwine with his passion for real estate, and in 2002, DAMAC Properties was formed. Throughout his career, Mr. Sajwani has been very adept at transforming his concepts from simple ideas, into groundbreaking accomplishments. He attributes this to his ability to constantly look to the future, while removing the fear of failure from the equation, while also remaining as productive as possible. Mr. Sajwani cites his love for travel as one of the primary assets to his productivity, as it allows him to see alternative perspectives of the world, and how it works.