How Hussain Sajwani Developed DAMAC Properties

As the Founder and Chairman of DAMAC Properties, which since its inception, has become one of the top property development companies in existence, Hussain Sajwani has constantly utilized his staunch ability for forward-thought, to elevate his company. Mr. Sajwani attended The University of Washington, where he studied Economics and Industrial Engineering, but upon graduating, he returned to the Middle East, taking a job with Abu Dhabi Gas Industries. After two years working in the financial sector, he would strike out on his own, using funds garnered during his college years, where he sold time-share apartments, to create, what is now known as Global Logistics Services. Today, Global Logistics Services provides meals for a number of regions around the world, including Africa, the Middle East, and the Commonwealth of Independent States, serving over 150,000 meals each day. Currently, Hussain Sajwani’s primary company, DAMAC Properties, services a number of global cities, including Dubai, Abu Dhabi, Beirut, London, and Doha, holding a development portfolio that consists of over 44,000 units. In a recent Q & A session, Mr. Sajwani discussed his career today, covering successes and failures, while also breaking down how they’ve attributed to his status as one of the most influential Arabs in the world today.

As a youth, Hussain Sajwani developed a taste for entrepreneurship, due to the many after-school hours spent working with his father at his business. Over the years, this entrepreneurial spirit would manifest into a growing interest in real estate, eventually leading to the launching of DAMAC Properties in 2002. Mr. Sajwani constantly looks to the future, often imagining the economic infrastructure of Dubai in the next twenty years. This unique system of forward-thought has allowed him to consistently bring his ideas to fruition with great success. In order to ensure that he remains productive, Hussain Sajwani often travels, believing that this allows him to gain a greater understanding of the world and how it operates. For a man who’s experienced such a high level of success over the course of his career, he often looks to his failures, not with regret, but in appreciation due to the effect that they’ve had on creating his current condition.

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