Dubai has become one of the most beautiful destinations for people looking to have a good time and enjoy the luxurious hotels and services offered. The journey to becoming one of the most luxurious destinations has taken years of investments and a lot of work.
One of the key proponents to achieving this was Hussain Sajwani when we think or hear about luxury apartments in Dubai one word that comes to mind is DAMAC properties. Hussain Sajwani founded DAMAC Properties in 2002 and has over the years helped shape the look of Dubai and influence the real estate market greatly.
DAMAC Properties was ranked as Arab’s fourth largest company in 2017, Hussain attributes his success in business to his father’s lessons as well as his studies. Hussain’s father Ali Hussain was a local businessman, it is from his father’s shop that Hussain learned some of the critical business lessons he uses today.
According to alkhaleej.ae, his father taught him to study the market, ensure the changes in the market work towards your advantage and maximise as much as you can to compensate for the extreme days. This lesson helped Hussain especially in 2008 when there was a crash in the real estate industry. Despite the economic shift, Hussain Sajwani was able to rise again and is one of the largest private developers across the globe.
After completing his studies, Hussain worked in a financial institution, but after a while discovered he wanted to pursue business. Hussain left his job and established a catering company. The company would supply food to the army both in America as well as the Middle East. Working with government institutions was an excellent opportunity for Hussain, but he later discovered that there was a gap in the hotel industry in his country.
The catering company is still functional and has since expanded, Hussain started by constructing hotels in Dubai. He then identified there was a need to build rooms where visitors would rest during their vacation or business trips, and this led to the birth of DAMAC properties.
DAMAC properties is now a global developer. The company has established hotels, houses and business rooms in places like London, Dubai, Kuwait to mention few.
Straight from the source: https://www.eremnews.com/news/arab-world/gcc/906780