Role overview

This Vice President position focuses on managing real estate development projects from initial concept through completion at Aldar, a major developer in the UAE. The role involves coordinating with internal teams and external stakeholders across multiple disciplines to deliver residential, retail, and mixed-use assets on schedule and within budget.

Key responsibilities

Support business development activities for land, residential, retail, and mixed-use assets, including identification of new development opportunities and sourcing of investment partnerships and project financing arrangements.
Develop feasibility studies for residential, retail, and mixed-use projects through project costing coordination with the Project Management team and financial modeling in collaboration with relevant departments.
Conduct feasibility analysis on owned land by recommending asset allocation by segment, proposing land phasing strategies, benchmarking pricing, and performing infrastructure cost assessments.
Review and report on master planning deliverables at all stages from pre-concept through detailed design phases.
Monitor and report on land bank performance from inception through infrastructure delivery, government handovers, and sales phases, using market intelligence to inform land use recommendations.
Perform continuous oversight of design progress, project schedules, budgets, and risk registers, providing monthly progress reports and recommending solutions to identified issues or cost deviations.
Collaborate on commercial, marketing, and asset management strategies, ensuring proper coordination with Property Management and Facilities Management teams at handover.

Requirements

Minimum ten years of experience in development management of large-scale residential and retail real estate projects valued at over AED 500 million.
Demonstrated expertise in valuation, appraisals, and financial modeling of residential and commercial developments.
Extensive knowledge of the GCC real estate market, with proven experience at major master developers with annual revenues of at least AED 2 billion.
Strong understanding of architectural design, construction practices, and contract procurement policies within the GCC real estate development sector.
Bachelor’s degree in real estate, land economics, property valuation, architecture, or engineering.
UAE National status is required for this position.