الصفحة الرئيسية الإمارات العربية المتحدة Director - Development
الصفحة الرئيسية الإمارات العربية المتحدة Director - Development
Director - Development
تفاصيل الوظيفة
Job Purpose: Oversee the development of feasibility studies on land, residential, retail, and mixed-use assets. Oversee the Operations and Commercial issues for own ongoing development portfolio.
Roles & Responsibilities:
- Oversee all business development activities:
- Develop DM portfolio strategy (including sub-segment mix) in conjunction with Partnerships & Investments.
- Support in sourcing new investment with third parties (e.g., JVs, project finance, etc.) in conjunction with Partnerships & Investments.
- Liaise, regularly, with the different functions to gather data on potential new development opportunities.
- 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:
- Identify long-list of potential opportunities.
- Develop framework for preliminary prioritization/screening.
- Oversee the development of feasibility study for residential, retail, and mixed-use assets:
- Recommend project cost in coordination with Project Management.
- Recommend and challenge financial model & feasibility studies developed by direct reports.
- Liaise with Partnerships & Investments and other relevant functions on feasibility study.
- Take the final decision on critical trade-offs with the project management:
- Develop design brief and share with project management.
- Decide on detailed designs developed by architects, ensure alignment with concept design.
- Decide on detailed project costs based on Procurement and Project Management input.
- Decide on approved list of contractors/consultants based on Procurement's recommendation.
- Decide on project schedule, anticipate and resolve possible roadblocks to completion of construction to ensure on-time project delivery.
- Review master plan and detailed master plan submittals by the internal team and consultants.
- Ensure key procurement contract variations arising from differences in project design raising major issues to related policies are addressed.
- Ensure provision of constant progress updates and monthly written reports on construction progress, major issues or conflicts, and anticipated roadblocks whenever appropriate.
- Decide on refined commercial strategy based on recommendations from Commercial prior to delivery, and for Dhold & Dsell.
- Decide on marketing strategy for land, residential, retail, and mixed-use and commercial assets (e.g., marketing calendar, branding, etc.).
- Decide on PM and FM strategy, ensure proper handover and coordination with asset management on the transfer of ownership of projects once delivery phase is completed.
Qualifications & Experience:
- Related Years of Experience: Min of 16+ years of development management experience in managing major developments of large real estate assets of at least AED 100 million in value.
- Years of Experience in Managerial Position: Min of 6+ years in a managerial position heading a development arm in a real estate/development entity.
- Field of Experience: Real estate/development.
- Technical and Interpersonal Skills:
- Strong knowledge and exposure to the GCC real estate market with large master developers with annual revenue of at least AED 3 billion.
- Strong understanding of delivery and commercial activities over the years in leading projects through the different phases of asset development.
- Solid understanding of contract procurement policies and procedures gained in managing the Procurement function directly or indirectly in the GCC real estate industry.
- Excellent project management skills to manage multiple tasks across functions for cost-effective and timely development of the property per the development brief.
- Qualification: Bachelor’s degree in architecture, engineering, business or economics. MBA preferred.
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