DAMAC Owner Hussain Sajwani Talks Property Development Industry

Hussain Sajwani is both Chairman and Founder of DAMAC Properties, a property development company that began in Dubai and now operates globally. He prepared for what would become a successful career as a businessman by attending the University of Washington where he was a student of economics and industrial engineering.

According to roayahnews.com, Sajwani launched an independent catering business in 1982 that has grown to become an industry leader and serves 150,000 meals on a daily basis.

Perhaps what Hussain Sajwani is best known for is the pioneering effort he has made at helping to expand the housing market in Dubai. Sajwani formed DAMAC properties in 2002 once identifying the market and the company is one of the largest in the Middle East now. DAMAC has delivered on nearly 18,000 homes and has 44,000 units presently in various stages of development.

What Was The Inspiration For DMAC

I helped a lot with the family business when I was a kid. The experience it gave me nurtured a desire for entrepreneurial pursuits. While attending college in the United States, I sold time-shares. The money I made would eventually be used to start my own business. After two years of working after college, I knew that it was time to start my own venture.

What Is A Day Like For You

As DAMAC owner, I spend a lot of time meeting with various members of my management team to stay abreast of all aspects of my business. I also spend time with business partners as nurturing present contacts and developing others is of utmost importance to my business.

How Do Your Ideas Become Reality

I like to imagine what a particular geographic location can look like in twenty years. I take risks that I feel are well calculated and when I decide that something will work I will not let the fear of failure stop me.

Are There Any Trends That Excite You

I am intrigued by social media and how it has changed since its inception. The ability to communicate with businesses and customers that social media has provided is amazing to me.

If You Could Begin Again Is There Anything You Would Do Different

I consider all that it has taken to get me here, both good and bad, as part of who I am. I would change nothing.

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