Every mega organization has a genius mind behind it, and DAMAC Properties is not different. Hussain Sajwani is the founder besides being the Chairman DAMAC Properties.
Education and Early Career
DAMAC’s owner, Hussain Sajwani is a graduate of the University of Washington. He kick started his career as the Contracts Manager in GASCO limited, a branch of the Abu Dhabi National Oil Company. After a short stint at GASCO, Hussain Sajwani established his first business in 1982. It was a catering business. From a modest beginning, the catering business has grown from tremendously to become a market leader. It manages over 200 projects and serves over 150000 meals daily in various markets. Its major markets include Africa, the Middle East and the CIS. They serve food in construction sites, army camps, academic institutions, and five-star hotels and onshore and offshore locations. It also specializes in offering ancillary services such as camp management, facility maintenance and labor supply.
Service at DAMAC
In 2002, DAMAC owner, Hussain Sajwani identified the market gap in property management and established DAMAC Properties. DAMAC has grown to the height of one of the leading Property Development firms in the Middle East and is quickly expanding its scope towards other regions. His expertise in the field of Property Development, marketing, sales, finance, legal and administration is the key drivers of the firm’s success.
Currently, DAMAC Properties is running several prominent projects in major cities globally. These cities include London, Dubai, Abu Dhabi, Amman, Beirut, Jeddah, Doha, Riyadh and Muscat. DAMAC Properties gives back to the community through employment and currently has over 2000 workers. DAMAC is a publicly-listed company, and its shares are traded publicly on the Dubai Financial Market so anyone who yearns to own a stake can purchase. The firm has the best track record in the field of luxury property development. By now, the company has delivered more than 20880 units and has a development portfolio of more than 44000 at various levels of progress.
The Secret Success in DAMAC
The trajectory growth of DAMAC is attributed to the vision as well as the entrepreneurial expertise of DAMAC’s owner Hussain Sajwani. The business mogul is listed as one of the 100 most globally influential Arabs since he has proven his capability to transfer an ingenious business vision into a corporate phenomenon. Sajwani also provides the leadership needed to maintain growth and constituency and currently resides in Dubai with his wife and children.