DAMAC Properties

Assistant Manager-Leasing

DAMAC Properties  •  United Arab Emirates (Onsite)  •  8 days ago
Apply
AI can make mistakes so check important info. Chat history is never stored.

Job Description

Key Responsibilities

Leasing

  • Identify and approach prospective tenants across key retail categories, including F&B, fashion, services, entertainment, and convenience retail.
  • Build and maintain strong relationships with retailers, brokers, and leasing agents.
  • Conduct market research to identify emerging brands and leasing trends.
  • Develop and maintain a robust tenant pipeline for existing and upcoming projects.
  • Attend industry events and networking functions to expand market contacts.

Lease Negotiation and Deal Closure

  • Lead lease negotiations in accordance with approved commercial terms and company policies.
  • Prepare and present leasing proposals, offers, and recommendation memos.
  • Coordinate internal approvals for commercial and legal terms.
  • Ensure timely execution of lease agreements and related documentation.
  • Monitor deal progress from initial discussions through lease signing.

Tenant Mix and Strategy

  • Support the development and implementation of tenant mix strategies.
  • Evaluate tenant performance and recommend renewals, relocations, expansions, or replacements.
  • Analyze category gaps and identify opportunities to enhance customer experience and asset performance.
  • Work closely with Asset Management and Operations to align leasing with asset objectives.

Financial Analysis and Reporting

  • Analyze rental benchmarks, turnover data, and market comparables.
  • Prepare financial models, rent proposals, and revenue forecasts.
  • Monitor occupancy levels, leasing status, and budget performance.
  • Prepare regular leasing reports and presentations for senior management.

Coordination with Internal Departments

  • Liaise with Legal, Finance, Property Management, Design, and Fit-Out teams.
  • Coordinate handover and fit-out processes for new tenants.
  • Ensure compliance with company standards and lease obligations.

Relationship Management

  • Maintain strong working relationships with existing tenants.
  • Address tenant requests related to renewals, expansions, and commercial matters.
  • Support retention initiatives and long-term partnerships.

Qualifications

  • Bachelor’s degree in Business Administration, Real Estate, Marketing, or a related field.
  • Professional qualifications in real estate or leasing are an advantage.

Experience

  • 2–3 years of experience in retail leasing within shopping malls, mixed-use developments, or commercial real estate.
  • Proven track record in negotiating and closing lease transactions.
  • Strong relationships with local and regional retail brands.
  • Experience with community malls, destination malls, and street retail is preferred.

Technical Skills

  • Strong financial and commercial analysis skills.
  • Proficiency in Microsoft Excel and PowerPoint.
  • Experience with leasing/property management systems such as Yardi is preferred.
  • Knowledge of retail market trends and tenant requirements.

Competencies

  • Negotiation and influencing skills
  • Relationship management
  • Commercial acumen
  • Analytical thinking
  • Communication and presentation skills
  • Attention to detail
  • Time management and organization
  • Problem-solving
DAMAC Properties

About DAMAC Properties

Since 2002, DAMAC Properties and DAMAC International have been synonymous with redefining luxury living. Our portfolio comprises over 75 towers, with over 20 in various planning and development stages. We have delivered over 48,000 homes, with more than 50,000 planned across 15 global cities, including Dubai, Riyadh, Toronto, London, and Miami.

Our projects include master communities- DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons as well as three more in the pipeline including DAMAC Suncity, DAMAC Riverside and DAMAC Islands; residential projects such as Cavalli Tower, and Safa One; and hospitality developments featuring globally renowned brands such as Radisson, Paramount, Rotana, and DAMAC Maison — along with an exclusive island resort in the Maldives, soon to be operated by Mandarin Oriental. These are reinforced by 100+ global awards and partnerships with brands like Versace and Roberto Cavalli.

Our global influence extends from the Middle East to Europe, Asia, and North America. Founded by Hussain Sajwani, our family-owned ethos champions D&I with over 100 nationalities. With close to 50% female representation and a strong Emiratisation drive, we foster innovation and creativity. We enable aspirations and cultivate a learning environment that encourages growth for our employees.

Industry
Real Estate & Property
Company Size
5,001-10,000 employees
Headquarters
Dubai, AE
Year Founded
2002
Social Media