How Hussain Sajwani Established a Successful Property Development Company, DAMAC Properties

Hussain Sajwani is successful business mogul focusing on property development, marketing, and management. He started his marketing career in the hotel industry, and through his catering venture which he founded in the year 1982, he could effectively manage over 200 projects and also serve more than 150,000 meals a day. His focus markets included Africa, CIS, and the Middle East. By the year 2002, his main focus shifted to property development and management which led to the birthing of DAMAC Properties in the Middle East. The company has grown through the years and has become one of the leading global property development companies operating in different cities such as Doha, Beirut, Abu Dhabi, Jeddah, Dubai, and Riyadh. DAMAC Properties has managed to deliver more than 17,900 homes and has a wide development portfolio of about 44,000 units all at different stages.

Hussain Sajwani studied Economics and Industrial Engineering in the University of Washington and through his entrepreneurial skills he has led to the exceptional growth of DAMAC Properties. He has proven that a vision can be translated into a corporate reality and a successful venture. Apart from flourishing in the property development sector, Hussain Sajwani has also invested in equity and capital markets, and this makes him an astute businessman.

During an interview, Hussain Sajwani said that the idea of establishing a property development company came from his experience in a family business, his inherent entrepreneurial skills and willingness to take risks. Once he was sure that he could start his own business, he began by developing his catering business, then to developing small hotel buildings which grew into developing towers. He said that his typical days involve meeting business partners and this includes expanding his business network by adding new contacts that are business minded. Hussain also values family time and thus said that he spares enough time for them.

Hussain says that he brings his ideas into reality by first envisioning his projects and then taking calculated risks after disregarding fear of failure as long as he believes in the potentiality of the project. When asked to name among the things that excite him, his response was the evolution of digital marketing and social media. To him, these two developments have improved communication and marketing experience than ever before. Hussain Sajwani (@HussainSajwaniOfficial) also said that as an entrepreneur, it is good for a person to travel and experience new things and start viewing everything from a different and sometimes better perspective.

Crunchbase: https://www.crunchbase.com/person/hussain-sajwani

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