ALDAR

Vice President - Development

ALDAR  •  Abu Dhabi, AE (Onsite)  •  1 month ago
Apply
Save Job
Mark Applied Mark Interviewed Mark Offered
Hide Job Report Job
AI can make mistakes so check important info. Chat history is never stored.

Job Description

JOB PURPOSE •Manage and perform individual development projects from inception to completion which involves co-ordination of multi-disciplinary internal and external consultants and stakeholders to achieve the required project deliverables as directed by the line manger ROLES AND RESPONSIBILITIES •Manage and perform the business development activities for land, residential retail and mixed-use assets -Identify new own developments opportunities -Recommend developments portfolio strategy (including sub-segment mix) -Support in sourcing new investment with third parties (e.g., JVs, project finance, etc.) -Support in sourcing developments pre-selling/pre-leasing guarantee from end-users •Develop and prioritize pipeline of potential new developments on land bank -Identify long-list of potential opportunities -Develop framework for preliminary prioritization / screening •Perform feasibility studies for residential, retail and mixed-use assets and seek approval from line manager -Perform project costing in coordination with Project Management -Develop financial model in collaboration with Partnerships & Investment and other relevant functions -Manage development appraisal to ensure accuracy and identify factors impacting the development performance at the earliest opportunity •Manage developments from inception to completion in accordance with the Investment Control Process to ensure timely delivery within established parameters •Make recommendation to the Director on optimal and balanced solutions to problems arising during the development process -Support in deciding on design brief and manage input and performance from Project Management -Critique, analyze and challenge the design proposals presented by consultants and recommendations by internal resources to ensure that key development criteria are achieved -Develop and manage the Phasing and Procurement strategy in collaboration with Project Management -Support in the selection, negotiation, appointment of consultants, contractors and service providers based on Procurement’s recommendation -Support in deciding on project schedule, anticipate and resolve possible roadblocks to completion of construction to ensure on-time project delivery •Produce and manage the development’s Risk Register •Perform continuous monitoring of design and project deliverables, program and risk register -Provide constant progress updates and monthly written reports on constructionprogress -Identify major issues or conflicts and recommend appropriate solutions -Monitor development budgets against projected and actual costs and recommend appropriate solutions on deviations •Support in the negotiation of the Heads of Terms for asset purchase and lease agreements with all 3rd party entities in collaboration with internal leasing and legal departments •Support in collaboration with internal sales, leasing and legal departments in the production of the Heads of Terms for sales contracts and retail leases. •Support in deciding on refined commercial strategy based on recommendation from Commercial (e.g., ERV, retail mix, phasing, market timing, etc.) •Support in deciding on marketing strategy (e.g., marketing calendar, branding, etc.) •Support in deciding on Asset, PM and FM strategy, ensure proper handover and coordination with PM and FM entities and Asset Manager RELATED YEARS OF EXPERIENCE Min of 10+ years of development management experience in managing the development of large residential and retail real estate assets of over AED 500 million in value YOE IN MANAGERIAL POSITION Min of 2+ years of managerial experience FIELD OF EXPERIENCE Real estate TECHNICAL AND INTERPERSONAL SKILLS •Strong understanding of valuation, appraisals and financial modeling of residential and commercial development •Strong knowledge and exposure to the GCC real estate market with large master developers with annual revenue of at least AED 2 billion •Strong understanding of architectural design and construction •Solid understanding of contract procurement policies and procedures gained in the Procurement function of a real estate developer in the GCC real estate industry QUALIFICATION •Bachelor’s degree in real estate, land economics,  property valuation, architecture or engineering
ALDAR

About ALDAR

كان الهدف من تأسيسنا هو إنشاء مشاريع عقارية ذات مستوى عالمي لمدينة أبوظبي، مع توفير محفظة استثمارية مستقرة ومربحة لجميع المستثمرين لدينا

نحن ملتزمون بتحقيق معايير جديدة للابتكار والتميز والقيمة في التصميم المدني والتنمية المستدامة. أولويتنا هي الفائدة الفورية والمستقبلية لأبو ظبي والمقيمين فيها

قمنا بتطوير مشاريع مميزة ومبتكرة كالمبنى HQ للدار المعروف عالميا والواقع في شاطئ الراحة، وأبراج البوابة في شمس أبو ظبي على جزيرة الريم، بالإضافة إلى حلبة الفورمولا 1 في جزيرة ياس

وراء نجاحنا أكثر من 500 موظف متعددي التخصصات مهمتهم تقديم الخبرة والمعرفة من جميع أنحاء العالم

We were established to create world-class real estate developments for the nation of Abu Dhabi, whilst providing a stable and profitable investment portfolio for all our investors.

We are dedicated to achieving new standards of innovation, excellence and value in urban design and sustainable development. Our priority is the immediate and future benefit of Abu Dhabi and its residents.

We developed exciting and innovative project from residential to retail, hospitality and commercial, such as the internationally recognized HQ building situated in the Al Raha Beach development, the Gate Towers in Shams Abu Dhabi on Al Reem Island, in addition to Yas Island’s F1 circuit.

Behind our success there are over 500 multi-disciplinary staff providing expertise and knowledge from around the globe.

Industry
Real Estate & Property
Company Size
5,001-10,000 employees
Headquarters
Abu Dhabi, AE
Year Founded
Unknown
Website
aldar.com
Social Media