Hussain Sajwani Rises amidst the 2008 Market Crash

By now, many real estate investors are familiar with the prominent Hussain Sajwani who has established a robust real estate market in Dubai. A humble individual, always calm and observant, he has shaped Dubai’s real estate through strong entrepreneurial networks. As such, he is the rightful owner of some of the best commercial real estate ventures in the Middle East. Even though he is successful, Hussain Sajwani did not just wake up to a successful career in business. For starters, he recounts in an interview that he was raised by a humble but hard-working father who owned a retail shop. While that shop was relatively small compared to his current empire, he was trained on how to handle clients and satisfy their needs before his needs.

 

Background Information

Being the eldest son of his father, Hussain Sajwani was expected to set a remarkable pace for his siblings. Therefore, his father hoped that he would inherit the business when he retired. However, Sajwani the DAMAC owner had other plans to venture into a business of his own. But before that, he joined a local medical school in Baghdad. Shortly after a few months, he decided to change his career by moving to America and enrolling at the Washington University. There, he majored in economics and followed that course by studying engineering. A few years later, he graduated and started working at GASCO Company. While there, he ensured that he developed strong entrepreneurial networks that propelled him into starting a business in hospitality. The catering business gave birth to the real estate company. As such, DAMAC Properties has been setting a fantastic pace in Dubai’s real estate market.

 

Describing DAMAC Properties

DAMAC Properties is a high-end property developer in Dubai and the Middle East. Since 2002, the firm has been providing residential and commercial properties for different states including the United Kingdom. While the company has been successful since its inception, 2008 was just a horrible year for Hussain Sajwani as the market crash hit his business hard to the point of him developing mild-depression. Even though he was suffering because of the loss registered by his company, he garnered sufficient courage to bounce back and uplift his clients. In an interview, he reiterates his simple early life and his father’s teachings on how to be calm even in such calamities. From the look at his career and success, it is evident that Hussain Sajwani is a patient business professional who applies his life skills to succeed in business.