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Director of Construction (Real Estate)

One Development

Dubai

On-site

AED 200,000 - 300,000

Full time

4 days ago
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Job summary

A leading company in Dubai seeks a seasoned Commercial Director with expertise in real estate development to lead commercial strategy for high-rise projects. The role involves overseeing budget management, procurement processes, and stakeholder relations, aimed at maximising profitability and project success. Candidates should have a strong background in commercial management with at least 10 years of related experience, complemented by a degree in a relevant field.

Qualifications

  • Minimum 10+ years of experience in commercial management within real estate development.
  • Proven ability to manage project finances, risks, and commercial negotiations.
  • Strong understanding of construction law and commercial contracts.

Responsibilities

  • Develop and lead the commercial strategy for large-scale developments.
  • Manage project budgets, financial planning, and profitability.
  • Oversee procurement strategies and contract negotiations.

Skills

Leadership
Commercial Management
Negotiation
Financial Forecasting
Stakeholder Management

Education

Bachelor’s degree in Quantity Surveying, Commercial Management or related field
MBA or MSc (preferred)

Job description

We are seeking a seasoned Commercial Director with deep expertise in the real estate development sector , specifically in managing the commercial strategy and execution of high-rise, end-to-end development projects . This is a senior leadership role responsible for overseeing all commercial activities across the lifecycle of real estate developments—from land acquisition and feasibility to project completion and sales.

Strategic Commercial Leadership

  • Develop and lead the commercial strategy for large-scale, high-rise residential and / or mixed-use developments.
  • Align commercial objectives with corporate goals, ensuring maximum profitability and return on investment.
  • Manage project budgets, cost planning, and financial forecasting to ensure profitability and control of development costs.
  • Oversee all procurement strategies, tender processes, and contract negotiations with consultants, contractors, and vendors.
  • Approve commercial terms and contractual arrangements, ensuring risk is appropriately managed.

Development & Project Oversight

  • Work closely with internal development, design, and construction teams to align project delivery with commercial goals.
  • Provide commercial input during feasibility studies, investment appraisals, and project planning.
  • Monitor project milestones and KPIs to ensure commercial targets are met.

Stakeholder Management

  • Maintain strong relationships with financial institutions, investors, JV partners, government authorities, and key stakeholders.
  • Represent the company in commercial negotiations, joint ventures, and public-private partnership (PPP) opportunities.
  • Lead and mentor the commercial team including contract managers, quantity surveyors, and procurement specialists.
  • Foster a high-performance, cost-conscious culture across all levels of the commercial function.

Qualifications & Experience :

  • Bachelor’s degree in quantity surveying, Commercial Management, Real Estate, Construction Management, or a related field. MBA or MSc is preferred.
  • Minimum 10+ years of experience in commercial management within real estate development , with a proven track record on high-rise developments .
  • Experience managing large-scale, mixed-use or residential developments from land acquisition to completion.
  • Strong understanding of construction law, commercial contracts (FIDIC, NEC, etc.), and procurement best practices.
  • Proven ability to manage project finances, risks, and commercial negotiations with a variety of stakeholders.
  • Exceptional leadership, communication, and decision-making skills.

Preferred Attributes :

  • RICS, MRICS, or equivalent chartered status (desirable).
  • Familiarity with real estate markets and regulatory environments in [insert region / country].
  • Strong analytical and problem-solving capabilities.
  • Results-oriented with the ability to operate in a fast-paced, dynamic environment.

Seniority level

Seniority level

Director

Employment type

Employment type

Full-time

Job function

Job function

Management and Business Development

Real Estate and Community Development and Urban Planning

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