Development Director Middle East

2 weeks ago


Dubai, Dubai, United Arab Emirates The Management Recruitment Group Full time

Key Responsibilities:

The chosen candidate will:

  • Develop and manage business relationships with prospective owners and partners
  • Execute and develop strategies and annual plans for the distribution of the Group to include acquisition and disposition goals within the projected timeframes within the Middle East region.
  • Negotiating and closing deals on wholly-owned acquisitions, joint ventures and management contracts
  • Prepare and present development opportunities and proposals to appropriate parties to support the Group's business strategies.
  • Identifying alternative strategies and vehicles for financing and/or restructuring of real estate loans which facilitate cost-efficient deal structuring and partnering opportunities. Ensuring deals meet desired projections on revenues and returns.
  • Understand the vision of the development trend and hotels's future requirements

Qualifications and Experience:

Applicants should possess:

  • MBA preferred
  • BS/BA in Business, Finance or Real Estate or equivalent experience.
  • Knowledge of hotel operations and hospitality experience preferred.
  • 10 years experience in commercial real estate or business partnerships and retail/hospitality companies.
  • Gravitas, integrity and a high level of EQ.
  • Strong analytical, negotiation and consensus-building skills.
  • Ideally Arabic speaking or culturally well versed in the market.


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