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Director of Business Development

Confidential
Dubai, UAE
fulltime
Director
3 months ago
VAT
Free

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Overview

The Business Development Director will play a critical role in shaping strategies and portfolio growth of the company by leading the analysis, feasibility and market analysis to drive informed, data-backed decision-making in line with shareholder expectations and corporate goals.

The successful candidate will possess a robust background in real estate investment and sales, coupled with the ability to translate market insights into actionable strategies for built to sell business.

Built-To-Sell Strategy

  • **Strategy Development:**
  • Develop and implement comprehensive real estate strategies for both new and existing built-to-sell projects, ensuring alignment with company goals and market opportunities.
  • **Market Insight:**
  • Identify emerging market trends, growth opportunities, and innovative strategies to enhance project viability and maximize shareholder returns.
  • **Data-Driven Recommendations:**
  • Provide actionable recommendations based on data-driven insights, ensuring projects meet both financial and operational benchmarks.
  • **Business Plans:**
  • Define, prepare, and oversee detailed business plans for real estate projects, including financial projections, funding strategies, timelines, and resource allocation.
  • **Portfolio & Value Creation:**
  • Lead discussions on portfolio performance, explore new opportunities, and recommend strategic shifts to drive value creation for the company.
  • **Cross-Functional Collaboration:**
  • Collaborate with Development, Sales, Finance, and Marketing teams to ensure that business plans are aligned with both internal and external stakeholder expectations.

Pricing Strategy & Analysis

  • **Pricing Strategy Development:**
  • Lead the development and implementation of pricing strategies that align with company objectives and market conditions.
  • **Market & Competitor Analysis:**
  • Continuously monitor and analyze competitors’ pricing and market dynamics, adjusting strategies accordingly to maintain competitiveness.
  • **Data Analytics:**
  • Utilize data analytics and market research to support pricing decisions and forecast future pricing trends.
  • **Cross-Department Collaboration:**
  • Work closely with Sales, Marketing, and Finance teams to establish effective pricing models that support product positioning and profitability.
  • **Feasibility Studies:**
  • Conduct detailed feasibility studies, including market research, financial modeling, and risk assessments, to evaluate new development opportunities.

Partnership Development

  • **Strategic Partnerships:**
  • Identify and establish strategic partnerships with landlords, co-investors, and other potential partners to maximize project returns.
  • **Negotiation & Integration:**
  • Lead negotiations and manage contract development, ensuring the successful integration of partnerships into the project framework.

Concept Design Review

  • **Design Alignment:**
  • Review initial concept designs to ensure that profitability metrics and KPIs are considered from the early stages of project development.

Marketing & Branding Strategy

  • **Go-to-Market Strategy:**
  • Collaborate with Marketing and Sales teams to define go-to-market strategies, including branding, positioning, pricing, and sales strategy, with a strong focus on market competition.
  • **Marketability & Innovation:**
  • Ensure the real estate portfolio’s marketability through innovative and tailored marketing approaches.

Risk Management

  • **Risk Identification:**
  • Proactively identify potential risks associated with project marketability and propose solutions to mitigate issues that could affect project success.

Education

  • Bachelor’s degree in Real Estate, Business, Finance, Urban Planning, or a related field.
  • MBA or other advanced degrees are preferred.

Professional Qualifications

  • Relevant certifications or accreditations in real estate, finance, or investment management are a plus.

Competencies (Knowledge, Skills & Abilities)

  • **Analytical Skills:**
  • Strong analytical skills with the ability to evaluate market trends, financial data, and performance metrics to drive decision-making.
  • **Negotiation & Communication:**
  • Excellent negotiation, communication, and stakeholder management skills to effectively manage internal and external relationships.
  • **Leadership:**
  • Proven leadership capabilities, with experience in leading cross-functional teams and managing multiple projects simultaneously.
  • **Strategic Thinking:**
  • Strong strategic thinking and problem-solving abilities to navigate complex real estate projects and market dynamics.
  • **Project Management:**
  • Excellent project management skills, with a track record of delivering successful real estate projects on time and within budget.

Experience

  • Minimum of 15 years of experience in real estate development, investment, or strategy roles, with demonstrated leadership experience.
  • Proven success in driving data-driven decision-making in investment management, sales, and business planning in a real estate environment.
  • Demonstrated experience in working with diverse, cross-functional teams to drive successful real estate outcomes.

Languages

  • Excellent written and verbal communication skills in English.

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