General Manager - Retail & Destination Asset Management - Dubai

Michael Page; Dubai; On-site; AED 350,000 - 700,000; Full time

Job summary

Michael Page in Dubai seeks a senior asset management leader to steer operational and commercial performance across a premier retail and lifestyle portfolio. You will lead P&L, budgeting, tenant performance, and strategic asset enhancement, delivering exceptional guest experiences and long-term value creation across multiple assets.

You will drive market research, benchmarking, and development initiatives, collaborating with leasing, marketing, and development teams to optimize performance and

Qualifications

• Bachelor's degree in Business, Management, Economics, Real Estate, or related field.
• 15+ years' experience in retail asset or mall management, or commercial real estate.
• Proven ability to manage P&L, budgeting, and financial reporting.

Responsibilities

• Lead the strategy and execution of operational, commercial and financial performance for a portfolio of retail assets.
• Manage asset-level P&L, budgeting, forecasting, Capex planning, and Opex optimization.
• Develop asset management strategies to maximize revenue and long-term value.
• Monitor tenant trading performance and optimize tenant mix with leasing teams.
• Drive footfall, customer engagement, and sales growth with retailers and marketing.
• Oversee facilities, security, cleaning, waste management, and health & safety.
• Produce regular asset management reports on performance and initiatives.
• Conduct market research and benchmarking to identify growth opportunities.
• Partner with development teams on asset enhancements and capital projects.
• Lead cross-functional teams to ensure operational excellence and best-in-class experiences.

Skills

Asset management

Stakeholder management

P&L management

Education

Bachelor's degree in Business, Management, Economics, Real Estate, or related field

Job description

An exciting opportunity to lead the operational and commercial performance of a prominent retail and lifestyle destination portfolio in Dubai. The role will be responsible for driving asset value, tenant performance, customer experience and long-term asset management strategies across multiple assets.

Client Details

Our client is a leading real estate developer and asset owner with a portfolio of high-profile retail, leisure and mixed-use destinations across Dubai. The business is known for creating world-class consumer experiences, curating best-in-class retail environments and managing landmark assets that attract both regional and international visitors.

Description

• Lead the overall strategy and execution of operational, commercial and financial performance of a portfolio of retail and lifestyle assets.
• Manage asset-level P&L, including budgeting, forecasting, Capex planning, and Opex optimization.
• Develop and implement asset management strategies to maximize revenue, profitability, and long-term value creation.
• Monitor tenant trading performance and collaborate with leasing teams to optimize tenant mix and enhance asset performance.
• Work closely with retailers and marketing teams to drive footfall, customer engagement, and sales growth.
• Oversee day-to-day asset operations including facilities management, security, cleaning, waste management, and health & safety.
• Produce regular asset management reports covering financial performance, operational metrics, commercial outcomes, and strategic initiatives.
• Conduct market research, competitor benchmarking, and retail trade analysis to identify opportunities for growth and improvement.
• Partner with development and project management teams on asset enhancements, repositioning initiatives, and capital projects.
• Lead and develop cross-functional teams while ensuring operational excellence and best-in-class customer experiences across all assets.

Profile

• Bachelor's degree in Business, Management, Economics, Real Estate, or a related discipline.
• 15+ years of experience within retail asset management, shopping mall management, destination management, or commercial real estate.
• Proven experience managing large-scale retail, lifestyle, mixed-use, or destination assets.
• Strong understanding of retail operations, tenant performance management, tenant mix strategy and asset optimization.
• Demonstrated experience managing P&L responsibilities, budgeting, and financial reporting.
• Strong stakeholder management skills with the ability to engage retailers, operators, service providers, and senior leadership.

Job Offer

• Opportunity to manage a prestigious portfolio of high-profile retail and lifestyle destinations.
• Exposure to some of the region's most prominent real estate and retail assets.
• Strategic leadership role with significant influence over asset performance and value creation.
• Collaborative and entrepreneurial working environment.
• Competitive executive compensation package.
• Long-term career progression within a leading real estate platform.

Skills

• asset management