Hussain Sajwani Of DAMAC: A success Story

Stories of success are what can motivate a person to rise to the occasion and chase their dreams. Without them life would be harder because we wouldn’t have any model or example to follow. Success stories can be heard and told all over the world and they are essential to human progress. And for us to aspire to be more. With that being said Hussain Sajwani’s story is truly one of success that should motivate us all to go for that dream.

Hussain Sajwani was born in1954 to a hardworking father and tight close nit family. They were a middle-class family thanks to his father’s endless work in his watch and pen business. Hid mother spent her time selling fabric and other domestic household products to the local women in the neighborhood. Hussain’s father’s work took much of his time and the struggles of maintaining a business was hard on him. This initially drove Hussain away from owning a business and more towards pursuing a formal education. When the government issues to him a scholarship Hussain had his chance to do so. He attended a medical school in Bagdad but sometime during his studies had a change of heart and never finished his degree.

In 2002 Hussain Sajwani started his own business DAMAC group. He realized that tourist and foreigners loved to rent or own property in Dubai and so took advantage. His company headquartered in Dubai and it specializes in leisure, residential, and commercial property. The Dubai government had made a decree that allowed foreign people to own property, once again Hussain used what the government provided to his advantage. This proved to be a monumental success for Hussain.

The company has grown year after year and in 2013 was actually recognized on the London Stock Exchange reestablishing the fact that his company has arrived as a big player in the Dubai real estate industry. Hussain Sajwani has had the pleasure of working with Donald Trump and Tiger Woods both on Golf Club and course projects. His bet on Dubai being a commodity of city was right on the money. Now that Hussain Sajwani is worth about 4 billion dollars he makes sure to give back to those in need. He has supported may charities and has donated large amounts to poor children in the slum areas of Dubai. This is a perfect ending to a perfect story of hard work.

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