AsiaOne – August 2018

62 | ASIA ONE | JULY-AUGUST 2018

2017-18

PERSON OF THE YEAR

BY RICHA SANG

Inheriting entrepreneurial genes of his enterprising

businessman father who used to travel extensively

for trade, Mr. Hussain Sajwani has taken the road less

travelled to reach the pinnacle of success as the king

of real estate and has left indelible impressions on the

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Building

Masterpieces

with Astute

Vision

n adroit entrepreneur and investor, Mr. Hussain Sajwani

is efficaciously leading DAMAC Properties as the Founder

& Chairman. Constructing award-winning residential,

commercial and leisure properties across the Middle

East, the organization has delivered more than 20,230 homes and has

a development portfolio of more than 44,000 units at various stages of

planning and progress, asserting its place as a leading luxury developer

in the region and he is consistently propelling it to newer growth

trajectories

Mr. Sajwani’s childhood was replete with real-life learning owing to

his exposure to the world of business through the family’s Deira-based

shop. “My father [Ali Sajwani] used to take me to his shop every day after

school from the age of seven or eight,” he states. “I could talk for hours

about the lessons I learned there. Do you know he went to China in 1965

“AFTER THE

2008 CRISIS, ...

WE WERE THE

ONLY SURVIVOR

AS WE SAW IT AT

THE EARLY STAGE

& IMMEDIATELY

TOOK SEVERE

ACTIONS TO FIX

THINGS”

HUSSAIN SAJWANI