Vice President - DM Portfolio

Role overview

This position supports the management of property development projects from initial conception through completion, coordinating multiple internal and external teams to deliver project outcomes. The role encompasses business development, feasibility analysis, and oversight of residential, retail, and mixed-use assets within a major real estate portfolio.

Key responsibilities

Assist in managing business development activities for land, residential, retail, and mixed-use assets, including identifying new development opportunities and sourcing investment partnerships and project finance arrangements.
Support pre-selling and pre-leasing activities by securing guarantees from end-users for new developments.
Develop feasibility studies for residential, retail, and mixed-use projects in collaboration with Project Management and Partnerships & Investment teams, including project costing and financial modeling.
Conduct feasibility assessments on owned land, recommending asset allocation by segment, phasing plans, and pricing strategies based on comparable market benchmarks and unit cost analysis.
Coordinate infrastructure costing with Operations, breaking down costs into recoverable and non-recoverable categories, and monitor delivery team progress on infrastructure handovers to reduce operational costs.
Review and report on master planning phases including pre-concept test fit, concept designs, and detailed master plans to ensure alignment with strategic objectives.
Monitor design progress, project budgets, schedules, and risk registers, providing monthly progress reports and recommending solutions to address deviations and conflicts.
Apply market intelligence and trend analysis to inform land use recommendations, commercial strategies, and marketing approaches that enhance project competitiveness and profitability.
Support decisions on commercial pricing, sales phasing, marketing strategy, and handover coordination with asset management and facilities management functions.

Requirements

Minimum eight years of development management experience overseeing large-scale residential and retail real estate projects valued at AED 500 million or above.
Strong expertise in financial modeling, valuation, and appraisals for residential and commercial developments.
Demonstrated knowledge of the GCC real estate market, with prior experience at master developers generating annual revenue of at least AED 2 billion.
Solid understanding of architectural design and construction practices in real estate development.
Experience with contract procurement policies and procedures within GCC real estate developer organizations.
Bachelor’s degree in real estate, land economics, property valuation, architecture, or engineering.

What makes this role worth considering

This position offers the opportunity to shape major development portfolios across multiple asset classes in one of the region’s leading real estate organizations. You will work across diverse functions and master planning initiatives while managing substantial projects that define urban landscapes.