2002 marked the beginning of a new era for Hussain Sajwani, as he launched one of the largest global property development company’s in the world, DAMAC Properties. Today, acting as Chairman of DAMAC Properties, its footprint can be seen throughout the Middle East, operating in major cities such as Doha, Abu Dhabi, Dubai, Jeddah, Riyadh, and Amman. DAMAC Properties is responsible for delivering over 17,000 homes and has in excess of 44,000 units within its development portfolio. Due to the exponential growth that has been seen by DAMAC Properties under his leadership, Hussain Sajwani is currently recognized as one of the top 100 Arab influencers in the world. He recently sat down to discuss his stellar track record within the world of entrepreneurship, as well as the motivating factors for his continued success.
As a youth, Hussain Sajwani spent the vast majority of his free time working with his father in the family business, and he cites his experiences during this time of his life, as the influence of his lifelong passion for real estate and entrepreneurship. While in college he manifested this passion into action by selling time-share apartments, later using the capital accrued during these ventures to begin his first business – what is today known as Global Logistics Services. In order to bring his ideas to life, Mr. Sajwani often imagines what the future of Dubai will look like regarding the infrastructure and economy. Taking calculated risks, he eliminates the fear of failure from his process, and more often than not, achieves success in his ventures.
Mr. Sajwani is extremely excited about the prospects associated with digital marketing and social media, and as it has consistently evolved since it burst onto the scene in the early 2000’s, the marketing possibilities have reached an unprecedented level. The dialogue between businesses and consumers can now take place at any part of the day, on a 24-hour basis. In order to remain as productive as possible, Mr. Sajwani travels as often as possible, believing that it helps to spur his creativity due to the fact that it allows him to constantly receive new information regarding the goings-on of the world.