As a young boy in Dubai, Hussain Sajwani worked long hours for his father in the family business, a variety store that sold Chinese imports, consumer goods, and office supplies. He spent a lot of time behind the counter waiting on customers and learning the trade.
He remarked to his father that he would probably never be a self-employed businessman because the hours were too long. He would rather get a degree and be a professional and work regular hours.
Sajwani did go to college as he was awarded a scholarship to the University of Washington in the United States where he earned degrees in economics and engineering. Learn more about Hussain Sajwani: https://www.crunchbase.com/person/hussain-sajwani#/entity and https://newskira.wordpress.com/2016/06/02/hussain-sajwani/
He returned to Dubai where he worked for a local gas company as an engineer.
That career ended, however, when he started a catering firm that provided food to the US Army during the Gulf War. He had great success with that venture and the company is still in business.
In 2002 Hussain Sajwani started the company DAMAC, a real estate development company.
The UAE had just announced the elimination of blocking the immigration of foreigners into the country. Sajwani was predicting a very large real estate boom because of this. DAMAC was poised to provide luxury apartment and villas for well-to-do immigrants.
One of Sajwani’s major talents was that of promotion and marketing. He wasted no time getting started, a soon the DAMAC brand was well known all over the countryside. Read more: Hussain Sajwani | Celebfamily and Hussain Sajwani | LinkedIn
In fact, the first project that he initiated was sold out before any construction had even begun. One of his trademark slogans was, “A New Bently For Each Apartment.”
People really loved Sajwani’s luxury dwellings as the apartments and villas sported stylish Italian interiors and sumptuous appointments.
He contracted with Donald Trump prior to Mr. Trump’s election to President of the US to build Tiger Woods-designed Trump golf courses in several of his properties.
Sajwnai used conservative business strategies in his business such as paying cash for his land purchases, financing very little of his construction and keeping separate bank accounts and accounting records for each property.
DAMAC has completed 19,000 apartments and has 44,000 more in various levels of construction since the inception of the company.