Development Manager

7 days ago


Abu Dhabi, Abu Dhabi, United Arab Emirates Asterix Communications Full time
{"h3": "Job Overview"}

Asterix Communications seeks a seasoned Development Manager to oversee the development of feasibility studies on land, residential, retail, and mixed-use assets. This role requires a strong understanding of the GCC real estate market and experience in managing major developments of large real estate assets.


Key Responsibilities"
  1. Develop and implement a portfolio strategy for DM, including sub-segment mix, in conjunction with Partnerships & Investments.
  2. Source new investment opportunities with third parties, such as JVs, project finance, etc., in conjunction with Partnerships & Investments.
  3. Liaise with various functions to gather data on potential new development opportunities.
  4. Supervise and manage the development and prioritization of a pipeline of potential new developments on land bank to recommend feasibility studies on specific projects for own development.
  5. Oversee the development of feasibility studies for residential, retail, and mixed-use assets, including recommending project cost, financial models, and feasibility studies.
  6. Take final decisions on critical trade-offs with project management, including design briefs, detailed designs, project costs, contractors, and project schedules.

Requirements"
  1. Minimum 16+ years of development management experience in managing major developments of large real estate assets of at least AED 100 million in value.
  2. Minimum 6+ years in a managerial position heading a development arm in a real estate/development entity.
  3. Strong knowledge and exposure to the GCC real estate market with large master developers with annual revenue of at least AED 3 billion.

Preferred Qualifications"
  1. Bachelor's degree in architecture, engineering, business, or economics.
  2. MBA preferred.

Technical and Interpersonal Skills"

Excellent project management skills to manage multiple tasks across functions for cost-effective and timely development of the property per the development brief.


Language"

English (en-US)



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