Project Development Manager

Black Pearl; Abu Dhabi; On-site; AED 293,000 - 441,000; Full time

Job summary

A leading investment group in the UAE is seeking a seasoned Project Development Manager to spearhead its real estate investment strategy. This strategic role involves sourcing new opportunities, managing a diverse portfolio, and driving digital transformation in operations. Ideal candidates will have deep expertise in financial modeling, negotiations, and asset management.

Qualifications

• Experience in real estate investment and asset management.
• Strong financial modeling and analytical skills.
• Proven track record of deal execution and negotiation.

Responsibilities

• Source and evaluate new real estate acquisition opportunities.
• Lead financial modeling and deal underwriting.
• Oversee third-party property managers to ensure performance.

Skills

Financial modeling

Deal underwriting

Market research

Negotiation

Stakeholder management

Job description

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

Project Manager • Abu Dhabi, United Arab Emirates