Hussain Sajwani is the chief executive officer of the famous Damac Properties. He is known to be the founder of the same organization that has become one of the biggest in the real estate world. The company has undergone various phases of growth some of which were discouraging, but Hussain is a tough person who never gave up. Through an extensive interview by Arabian Business, Hussain shares openly on his story of rising and raising his empire despite the falls. Here is to a charming story from a real estate investment expert. It is essential to understand that he is among the UAE students who got a scholarship in the entire United States.
Hussain’s conversation reveals how he has traveled through various countries in the world since he was young. He associates most of his lessons in life to what his father exposed him into while a child. He recognizes his success and links it to the years he lived in his youth. Being a Damac owner today is something that he appreciates the past for. Forbes ranks him as the tenth richest Arab in the whole world. His net worth is approximately $3.7 billion. Under his leadership and tolerance, the Damac Properties has been able to rise in positions even in the world being the fourth leading public company in the year 2017. What sets him apart is the resilience to expand even after the experience of the 2008 property crash in Dubai that made the Damac Company crash down. Damac was the largest known private developer for Dubai. He rarely talks about those challenging encounters. The good thing is he rose above the storm, and today he is most recognized for his great projects he is running through. Hussain Sajwani, the Damac owner, is behind the praised luxury villas that were built in partnership with Trump Organization. It contains luxury apartments, sipping mineral water, clubhouse terrace, and luxurious grounds. He prides in this great success since it has made him more ambitious as he hopes for more development projects. His vision and plan for this company in future is to build excellent Damac towers in all gateway cities in the world.