The real estate business in the United Arab Emirates has been growing rapidly due to the economic growth the country has witnessed. It has become easier for the foreigners as well to invest in the United Arab Emirates due to the government decree that allows the foreign investors to purchase land in the country. Hussain Sajwani is the man who is well-known in the real-estate business of the Middle-East. As the founder and executive chairman of Damac Properties, Hussain Sajwani has played a very vital role in shaping the infrastructural landscape of Dubai. There are numerous properties dotted across the country that are designed and developed by Damac Properties.
DAMAC Owner Hussain Sajwani is a man who comes from a humble background but always wanted to do something of his own from the very beginning. It is for this reason even after completing his studies abroad in the United States at the University of Washington, he didn’t stick to the job he had but instead started a catering company. Even though Damac Properties has become highly successful, the catering company he first started continue to be functional till date by the name of Global Logistics. As per Analyst of Finance, Hussain Sajwani is currently busy with the development of the luxury residential complex cum golf course that is being developed around Dubai. The golf course in the complex mentioned above is designed by none other than the golfing legend Tiger Woods himself.
Hussain Sajwani knows how to get through the crisis and is not afraid to face challenges. When his company was in crisis, he made sure to cut cost and invest money in places that were profitable. By planning precisely, he was able to get through it and came out even more successful. The reason is that he knows what would work and what wouldn’t and is not afraid to accept it. He also wants to expand his business but with the right partners. He also wants his son to be involved in his business but feels he is too young now and has to complete his studies first. He has succession in mind and would be training his son for the same once he ends his studies.