Dubai - Assistant Development Manager - Real Estate Development
Job description / Role
Employment: Full Time
This role offers the opportunity to support commercial and mixed-use real estate projects through in-depth market research, financial modeling, and strategic planning.
The position works closely with senior leadership to evaluate development opportunities, guide investment decisions, and contribute to the company's growth in the Dubai market.
Client Details
The company is driven by innovation, strategic investment, and a commitment to delivering high-impact, large-scale developments.
Description
Market Research & Industry Analysis- Conduct market research to assess supply, demand, and competitive positioning across different asset classes, including office, retail, industrial, hospitality, and mixed-use developments.
- Monitor trends in the UAE real estate market, including regulatory changes, economic conditions, and investment activity.
- Benchmark against leading developers and real estate consultancies to inform development strategies.
- Prepare detailed financial models, including development proformas, discounted cash flow (DCF) analyses, and sensitivity analyses to evaluate project viability.
- Assess CapEx, operational costs, and revenue projections to provide accurate investment recommendations.
- Support land acquisition strategies by analyzing land pricing, potential development yields, and return on investment (ROI) metrics.
- Assist in developing business cases for new development projects, incorporating financial projections, market research, and risk assessments.
- Collaborate with internal stakeholders, including design, sales, and finance teams, to align project strategies with the company's long-term vision.
- Provide data-driven insights and recommendations to senior management to optimize project planning and execution.
- Evaluate potential joint venture and partnership opportunities, assessing financial and strategic benefits.
- Develop investment memos, presentations, and reports for executive decision-making and stakeholder engagement.
- Track key performance indicators for ongoing developments and prepare regular progress updates.
- Identify key risks associated with development projects, including market risks, financial risks, and regulatory constraints.
- Conduct scenario analysis to model potential outcomes and inform strategic decision-making.
- Recommend risk mitigation strategies to optimize project success.
- Impactful Work: Opportunity to contribute directly to high-profile, large-scale real estate developments shaping Dubai's landscape.
- Career Growth: Exposure to the full development lifecycle and close collaboration with senior leadership, offering accelerated professional development in a fast-paced, entrepreneurial environment.
- Strategic Involvement: Hands-on experience in financial modeling, investment analysis, and market research, with a clear pathway to influence key business decisions.
- Dynamic Culture: Be part of an ambitious, forward-thinking team with a strong vision for innovation, quality, and long-term growth in the UAE market.
Requirements:
- Bachelor's degree in Real Estate, Finance, Economics, Urban Planning, or a related field (Master's degree preferred).
- 4-8 years of experience within a real estate development company or real estate consultancy
- Strong proficiency in financial modeling and Excel, with the ability to create complex proformas and sensitivity analyses.
- Experience conducting market research and feasibility studies for real estate projects.
- Familiarity with Dubai's real estate market, including zoning regulations, development trends, and investment drivers.
- Exceptional analytical, problem-solving, and presentation skills.
- Ability to manage multiple tasks, meet deadlines, and work collaboratively with cross-functional teams.
- Proficiency in PowerPoint and data visualization tools for effective reporting.
About the Company
Michael Page is one of the world's leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.
The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:
Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal
The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.
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