Project Development Manager

Black Pearl Consult; Abu Dhabi; On-site; AED 300,000 - 400,000; Full time

Job summary

An established investment group in Abu Dhabi is seeking a seasoned Project Development Manager to lead its real estate investment strategy across the UAE. This role involves sourcing new opportunities, managing a diverse property portfolio, and engaging with stakeholders to maximize long-term value. The ideal candidate possesses over 10 years of experience in real estate investment and asset management, along with strong financial and negotiation skills. A Bachelor's degree is required, with an MBA preferred.

Qualifications

• 10+ years of experience in real estate investment, acquisitions, or private equity.
• Proven track record in sourcing, structuring, and closing real estate transactions.
• Deep financial modeling and market analysis skills.

Responsibilities

• Source and evaluate new real estate acquisition opportunities.
• Lead financial modeling and deal underwriting.
• 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.
• Drive digital transformation in real estate operations.

Skills

Real estate investment experience

Financial modeling

Stakeholder engagement

Negotiation skills

Market analysis

Education

Bachelor’s degree in Real Estate, Finance, or related field

MBA preferred

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

Requirements

• 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

Interested applicants may apply directly.

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