Project Development Manager

Black Pearl Consult; Abu Dhabi; On-site; AED 120,000 - 190,000; Full time

Job summary

Black Pearl Consult seeks a seasoned Project Development Manager to lead the real estate investment and asset management strategy across the UAE. The role focuses on sourcing new opportunities and managing a diversified portfolio to maximize long-term value.

You will drive diligence, financial modeling, and negotiations with brokers, partners, and internal committees while overseeing asset performance, KPIs, and value-add initiatives across the portfolio.

Qualifications

• 10+ years of experience in real estate investment, acquisitions, or private equity; asset management experience is a strong plus.
• Proven track record in sourcing, structuring, and closing real estate transactions.
• Deep financial modeling and market analysis skills.
• Excellent communication, stakeholder engagement, and negotiation skills.
• Bachelor’s degree in Real Estate, Finance, or related field; MBA preferred.

Responsibilities

• Source and evaluate new real estate acquisitions through broker networks and direct outreach.
• Lead financial modeling and deal underwriting (IRR, cash-on-cash returns, sensitivity analysis).
• Oversee strategic planning for the family's land bank across the UAE.
• Conduct site visits, feasibility studies, and market research.
• Prepare and present investment memos to the Investment Committee.
• Execute deals, including negotiation, due diligence, and coordination with legal and financial partners.
• Drive digital transformation in real estate investment operations and portfolio oversight.
• Monitor KPIs such as occupancy, rent growth, NOI, and CapEx.
• Oversee third-party property managers to ensure portfolio performance.

Skills

Real estate investment

Acquisitions

Financial modeling

Market analysis

Negotiation

Stakeholder management

Education

Bachelor’s degree in Real Estate

MBA preferred

Job description

Abu Dhabi, United Arab Emirates | Posted on 12/21/2025

A well-established investment group is currently seeking a seasoned Project Development Manager to lead and execute its real estate investment and asset management strategy across the UAE. This position is highly strategic, focusing primarily on sourcing new real estate opportunities and managing a diverse property portfolio to maximize long-term value.

Key Responsibilities

Investment & Acquisitions

• Source and evaluate new real estate acquisition opportunities through broker networks and direct outreach
• Lead financial modeling and deal underwriting (IRR, cash-on-cash returns, sensitivity analysis)
• Oversee strategic planning for the family's land bank across the UAE
• Conduct site visits, feasibility studies, and market research
• Prepare and present investment memos to the Investment Committee
• Execute deals, including negotiation, due diligence, and coordination with legal and financial partners
• Drive digital transformation in real estate investment operations and portfolio oversight
• Serve as the main liaison for internal and external stakeholders

Asset Management

• Conduct initial property condition assessments
• Oversee third-party property managers to ensure optimal performance and alignment with strategic goals
• Monitor KPIs such as occupancy, rent growth, NOI, and CapEx
• Identify and implement value-add initiatives across the portfolio

Requirements

To be considered for this role, you need to meet the following criteria:

• 10+ years of experience in real estate investment, acquisitions, or private equity; asset management experience is a strong plus
• Proven track record in sourcing, structuring, and closing real estate transactions
• Deep financial modeling and market analysis skills
• Strong understanding of asset performance metrics and property management oversight
• Excellent communication, stakeholder engagement, and negotiation skills
• Bachelor’s degree in Real Estate, Finance, or a related field; MBA preferred

Black Pearl does not charge any fees to candidates. Any requests for payment should be reported immediately.