Real Estate Development Commercial Manager

Al-Futtaim; Dubai; On-site; AED 300,000 - 600,000; Full time

Job summary

Al-Futtaim Real Estate is seeking a Commercial Manager to lead the full commercial lifecycle of high-end development projects in Dubai. You will oversee pre-contract estimating, procurement strategy, and post-contract commercial management, collaborating with development, design, project management, and finance teams.

The role requires MRICS or equivalent qualifications, substantial experience in real estate and construction, and strong analytical and negotiation skills.

Qualifications

• Bachelor's degree in Quantity Surveying, Commercial Management, Construction Management, Civil Engineering, or related discipline.
• MRICS preferred; an equivalent internationally recognized professional qualification will also be considered.
• Substantial experience in commercial management or quantity surveying within real estate development and construction.
• Demonstrated experience in pre-contract estimating, procurement, and post-contract commercial management.
• Proven experience managing consultant appointments and construction tenders from market engagement through contract award.
• Experience on high-end private developments and/or luxury hotel projects is strongly preferred.
• Background in working for a developer, leading cost consultancy, or major contractor is advantageous.
• Strong analytical, negotiation, and communication skills with an aptitude for financial reporting and commercial assessments.

Responsibilities

• Pre-Contract: Prepare feasibility-level and pre-concept cost estimates to support early development decisions.
• Review, challenge, and validate estimates, cost plans, and budgets produced by external cost consultants.
• Develop and maintain project cost benchmarks using relevant market and historical project data.
• Provide commercial input throughout concept and design development, including advice on cost risks, opportunities, and budget implications.
• Lead value engineering exercises and evaluate alternative design, specification, procurement, and construction solutions without compromising quality.
• Formulate project-specific procurement strategies, including contract packaging, procurement routes, tender sequencing, market engagement, and recommended forms of contract.
• Procurement and Tendering: Manage end-to-end procurement of professional consultancy services, tendering construction works, bid documentation, and evaluations.
• Post-Contract Commercial Management: Maintain effective commercial and contractual control, monitor budgets, manage variations and claims, and project close-out.
• Commercial Reporting and Governance: Prepare executive memoranda, monthly reports, cash flow forecasts, and present updates to management.

Skills

Advanced cost estimation

Procurement strategy

Tendering and bid evaluation

Contract management

Financial reporting

Education

Bachelor's degree in Quantity Surveying or related

MRICS preferred

Job description

Al-Futtaim Real Estate is seeking a Commercial Manager to lead the full commercial lifecycle of high-end development projects in Dubai. You will oversee pre-contract estimating, procurement strategy, and post-contract commercial management, collaborating with development, design, project management, and finance teams.

The role requires MRICS or equivalent qualifications, substantial experience in real estate and construction, and strong analytical and negotiation skills.