Hussain Sajwani Succeeds in the Real Estate Business

Hussain Sajwani is the founder of the DAMAC Group. He is the chairman and also acts as the CEO of the company. Hussain Sajwani has a humble background only hidden by his current status. He was born to a middle-class family back in the year 1954. Besides the family’s low level of life, it centered lifestyle and was hardworking. His father was a shop owner that dealt with watches and pens. Hussain Sajwani’s father spent little time with the family because his focus was on the success of his business and family. His mother was as well very hardworking in selling fabric and some other household goods to help in finances of the house.

 

Despite his father’s desire for him to work at the shop, Hussain Sajwani ignored and went on to pursue a formal education to enable him to fulfill his life’s ambition. He went on to join a medical institution in Bagdad with the help of a government scholarship. However, he failed to complete his studies. Hardship was the lesson he learned from the exposure in his father’s business, and this encouraged him on to leave aside what his father wanted and follow his entrepreneurial dreams.

 

In the year 2002, the DAMAC owner was able to put up the DAMAC Group which is a real estate business dealing with residential, commercial and leisure properties. The company has it’s headquartered in Dubai. From the decree by the government that allowed foreigners to own real estate, the company was founded to sell units to the foreigners. DAMAC Group became first from the Middle East to appear in the London stock exchange owing to its high success. The company has expanded wings in the project to Asia and Europe.

 

DAMAC Hill is one of the major projects by the company. The project comprises of golfing family community located in Dubai. It covers a total of forty-two million square feet and houses luxury apartments, villas, townhouses and mansions Trump Branded golf courses are also the major projects by the company. Trump-DAMAC Group collaboration started a long time before Donald Trump came to power. Hussain Sajwani family works closely with that of Donald Trump. The inauguration of the Trump International Golf Course occurred in 2017.

 

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