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Property Acquisitions Associate Operations · Dubai

2 weeks ago

Dubai, Dubai, United Arab Emirates Stake Properties Limited Full time
Who we are:

Stake is the MENA region's most exciting real estate fintech company, combining real estate expertise and innovative financial technology to deliver products that empower everyone to own and build wealth through Real Estate. Launched in 2021 we have grown rapidly, leveraging decades of experience in technology, financial services and global real estate, to launch the MENA region's first mobile app for fractional real estate investing.

This is just the beginning and we're currently searching for highly talented individuals to join and help lead our expansion into international markets and new business lines

The Operations Team

Our Real Estate Operations team works behind the scenes, looking for and managing investment opportunities, following industry best practice and applying market analytics to ensure seamless transactions and an unparalleled service.

We are looking for someone to work directly with Stake's Operations team, sourcing, vetting, negotiating, and closing investment opportunities. Additionally, you'll be responsible for selling our expanding portfolio of funded properties once the projected ROI has been met.

What you'll do:

- Develop sustainable relationships with brokers and sellers by utilizing and growing their existing network in residential real estate in Dubai.
- Source and vetting acquisition investment opportunities, shortlisting options and presenting to the Acquisitions committee for review.
- Meet weekly with the Acquisitions committee to decide on deals, set monthly acquisitions strategy, and sale strategies.
- Carry out visits and full assessments for new properties to be acquired.
- Make offers and negotiating deals for shortlisted opportunities.
- Prepare and finalizing documentation for approved deals and arrange for property to be listed on platform.
- Contribute to the overall acquisitions strategy of Stake, working closely with the Head of Real Estate and wider Acquisitions committee.

What we're looking for:

- 2-3 years experience in real estate business development or brokerage.
- Detail oriented, process driven, shows initiative, has strong negotiation skills, and methodical ways to grow an optimal supply chain of properties.
- Passionate about maximising value and income potential for Stake's primary customers, the platform investors.
- Rigorous, balanced, and cost-conscious in operating approach.
- Entrepreneurial mindset with a strong desire to learn.
- Data-driven and collaborative approach.
- Understands the Dubai Real Estate market.
- Strong work ethic, and ability to manage tasks autonomously.

Why you should join Stake:

- Hybrid work environment
- Work directly with senior leadership in one of the region's fastest growing start-ups; you will get exposure to all functions at Stake and have the chance to learn from the very best in the space
- Generous equity compensation; this aims to bring a high degree of ownership into your work. As Stake grows, you grow with it
- Budget for learning and development; we want Stakers to constantly strive for personal and professional growth
- Best in class end of service savings scheme; through DIFC-sponsored DEWS programme
- Off-sites and regular team events

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