The launch of the AYKON One Tower in the heart of London and his appearance at the 2018 Davos event launched Hussain Sajwani onto the global stage. However, the DAMAC owner has been working his way to the top of the luxury real estate industry for decades and shows the benefits of a powerful belief system coupled with hard work. After building a series of successful businesses, Sajwani entered the luxury real estate sector in 2002 when property ownership rules in Dubai changed.
According to bezaat.com, Hussain Sajwani began his business career after completing his studies in the U.S. at the University of Washington by joining the Abu Dhabi Oil and Gas Corporation. The entrepreneurial spirit driving Sajwani led to him spotting a lack of catering services for oil and gas workers across the Middle East and decided to create a company to provide these services. Hussain Sajwani maintains his interest in the catering industry in the 21st-century through his founding of the Al Jazeira Service Company which was listed on the Muscat Securities Exchange.
After using his business skill to establish a successful chain of mid-range hotels following the fall of the Soviet Union and an influx of tourists from Eastern Europe. However, it was in 2002, when the DAMAC owner formed his luxury real estate company the profile of Sajwani began to expand greatly. DAMAC has already completed around 19,000 luxury units across Dubai and is now focused on building a global real estate empire. Among the latest developments headed by Hussain Sajwani is the regeneration of the Mina Al Sultan Qaboos harbor into a luxury real estate region in partnership with the Government of Oman.
The DAMAC owner ensures his companies play a key role in every aspect of the work completed in the real estate industry through the establishment and investment into various different companies. Among the investments made by Hussain Sajwani is the Al Amana Building Material company providing high-quality materials for construction sites across the Middle East.
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