Behind the success of any growing company is a pillar that cannot be ignored. Well, affirming this statement as correct is DAMAC properties. The company which began in 2002 is a real estate company emanating from DAMAC Group formed by Hussain Sajwani in 1992. It has been able to rank on various lists including the London Stock Exchange (LSE) and Dubai Financial Market (DFM) since its introduction in the market. So who’s responsible for all this success. Although part of the prosperity of the company is as a result of the coordination of staff members in delivering quality services, massive part of the success is attributed to its founder and current Director, Hussain.
Sajwani, the DAMAC Owner, is a graduate from the University of Washington. His career began in GASCO (a subsidiary of Abu Dhabi National Oil Company) where he worked as the Contracts Manager. After working here so sometimes he started his own company in 1982 which did very well and made him rank as the pioneers of property market expansion in Dubai. In the mid 90’s there was a growing influx of people in the city of Dubai. Here, Hussain identified a business opportunity hence formed the DAMAC Group. The aim was to construct various hotels to cater for the enormous masses that were coming to Dubai for business and trade. According to Saudi Projects, it was here that DAMAC properties emerged Managing this now the global company was easy for him because cause he had had enough experience with the DAMAC Group.
It is because of this experience that he is termed as the critical pillar of the company. This is because experience, as they say, is the best teacher. In the absence of such an experience, it would have been impossible for the firm to be a global property development company today. His studies are also another reason why he is attached to the success of the company. One of the notice behaviors of the employees in DAMAC is coordination which was initiated by Hussain. In the absence of Hussain, this culture which is a crucial contributor to DAMAC’s success would not have existed. Therefore Hussain Sajwani remains an essential pillar when it comes to the success of DAMAC property. Learn more about Sajwani’s job history here.