Hussain Sajwani is the Founder and Chairman of DAMAC Properties, which is an international luxury property development company that has developed thousands of properties. When Sajwani was younger, he would come home from school only to go work at the family business that his father ran. He learned a lot of what he took with him later during that time and realized he wanted to be an entrepreneur when he grew up. Later on in his life, during his time at the University of Washington in the United States, where he earned his degree in Economics and Industrial Engineering, the DAMAC owner began to sell time-share apartments. This gave him the capital he would need to create his own business, and this is exactly what he did.
Hussain Sajwani, Damac owner, was an early pioneer of real estate during the Dubai market expansion of 2002. He could see there were many opportunities and decided to expand his DAMAC Properties so that it served Dubai, Doha, Abu Dhabi, Jeddah, London, Beirut, and more locations. Today, he holds investment portfolios in a spread of global and regional markets and has proven, beyond a doubt, that he is an expert in his field. A regular day involves him meeting with his management team who keeps him up-to-date with what is going on inside of DAMAC Properties, and he also meets with his business partners.
The DAMAC owner brings ideas to life by imagining what the future of Dubai might look like. While others run their operations based on fear, he takes calculated risks that are based on knowledge and expertise. Hussain Sajwani also stays on top of the latest digital marketing trends and is interested in social media. He appreciates the fact that businesses can communicate with their consumers through a digital platform and acknowledges that social media is a large part of his company’s marketing efforts nowadays.
Hussain Sajwani (@hussainsajwani) advises people to invest in real estate in global cities that will continue to bring in visitors. He finds that the market remains through thick-and-thin and that optimal locations for real estate will become scarcer and scarcer in time. He believes investors shouldn’t wait, because the time for investing in real estate is always now. (Reference: Arab21)
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