Senior Manager - Project Development - Dubai Holding Real Estate
About This Role
About Dubai Holding Real Estate:
Dubai Holding’s real estate business has developed strategic destinations and communities that offer unique and attractive lifestyle opportunities to meet the evolving needs of Dubai’s residents and visitors alike. As a master developer, we invest in sustainable infrastructure, accessibility, community amenities and family-focused facilities including community centres, mosques, schools, supermarkets and landscaping.
Our integrated real estate offering also includes a robust land sales portfolio, project management for large-scale projects, as well as top-notch facilities management services.
About the Job:
An opportunity has arisen for a Senior Manager - Project Development to join Dubai Holding Real Estate. The job holder will be responsible to lead and manage the development process of projects to ensure that the business plan objectives such as launch schedule, design quality and budget are achieved.
The main duties and responsibilities of this role:
- Review design submissions for technical and commercial compliance during the design stage, and lead value engineering exercises to achieve target budgets to ensure that all design submissions comply with technical and commercial requirements.
- Review architectural submissions for 'look and feel' items within the delivery stage, protect the design intent, and ensure that purchasers receive what they have purchased to ensure alignment with the design intent.
- Operate within the stipulated framework to maintain legal and ethical standards and ensure compliance with required DHRE regulatory framework and corporate governance.
- Lead, prepare and provide inputs to business cases including financial, design, and procurement strategies for projects within the portfolio to ensure that all business cases align with the company's strategy. Obtain stakeholder approvals by coaching project teams.
- Propose and define strategies for delivering the development pipeline and managing the development teams (Legal, Financial, Market Research, Marketing, Sales, Project Managers, Architects, Quantity Surveyors and all Engineering Disciplines) to ensure that they are working towards the same goals and possess the resources needed to succeed.
- Lead all aspects of the development process, including feasibility, master planning, design, procurement, consultant/contractor appointment, and project execution to ensure that all technical procedures meet approved corporate operational objectives.
- Oversee and review the preparation of project-specific development and design briefs that reflect project intent and objectives.
- Identify and document risk items for each business case, including individual property levels, analyzing and ranking overall risk exposure (i.e., technical, financial, and human resources), and actively leading risk mitigation measures to ensure that business cases are secured to meet profit and turnover targets.
- Manage consultants and ensure that risks are mitigated, and senior management is informed of any changes.
- Provide regular feedback on business plans, project status, risks, and approved feasibility to ensure that project goals are being met. · Manage stakeholder relationships at all levels, including liaising with stakeholder partners and key business affiliates.
About you:
The ideal candidate for this position will have the following experience and qualifications:
- Bachelor’s Degree in Architecture/ Engineering/ Real Estate Development; Master’s degree preferred.
- Project Management Professional (PMP) Certification
- Excellent knowledge of real estate development processes, regulations, and industry standards.
- Min. 10-12 years’ experience in real estate/ development management/ design / project management, of which 4 years’ at senior capacity within the Real Estate industry
- Well versed in Ms. Office suite and AutoCAD software
- Project management skills including planning, scheduling, and risk management.
- Financial acumen with the ability to manage project budgets, cash flow, and financial statements.
- Strategic thinking and the ability to develop and implement business plans and strategies.
- Strong leadership skills with the ability to motivate and manage teams of diverse professionals.
- Excellent communication and interpersonal skills with the ability to build relationships and manage stakeholder expectations.
- Attention to detail with the ability to review and analyze technical and financial documents.
- Negotiation skills with the ability to manage contracts and agreements.
- Ability to work under pressure and manage multiple projects simultaneously.
About the Benefits:
At Dubai Holding, we're committed to nurturing the success and well-being of our colleagues. Join our dynamic and diverse team, and enjoy a comprehensive benefits package that includes competitive compensation, career development opportunities, and a collaborative work environment. We strongly believe in creating an empowered workforce that will help us build a connected city for tomorrow. We are committed to attracting the brightest minds and nurturing the most pioneering candidates who desire to make a great impact on the future of Dubai.
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