Real Estate Manager - MAF Lifestyle - Dubai, UAE

Majid Al Futtaim; Dubai; On-site; AED 279,000 - 390,600; Full time

Benefits offered by this job

Career progression opportunities

Exposure to high-profile retail brands

Collaborative work environment

Job summary

Majid Al Futtaim is seeking a Real Estate Manager in Dubai to optimize and expand their retail store portfolio across UAE. This role involves site identification, lease negotiations, and ensuring compliance with brand standards.

The ideal candidate will have a Bachelor's degree and at least 7 years of experience in real estate management with a strong background in the retail sector. Opportunities to influence portfolio strategy are available within a collaborative environment.

Qualifications

• Minimum 7 years of experience in development or real estate management on major retail or mixed-use projects.
• Strong understanding of lease structures and retail property economics.
• Experience within the MENA property and retail real estate sector is highly desirable.

Responsibilities

• Support the execution of the full real estate process including site selection and lease negotiations.
• Manage lease-related budgets and ongoing property expenses.
• Collaborate with multiple teams to ensure timely store openings.

Skills

Lease negotiations

Stakeholder management

Financial analysis

Risk management

Communication skills

Education

Bachelor's degree in Engineering, Construction Economics, Real Estate, Finance, or Business Administration

Job description

Real Estate Manager - MAF Lifestyle - Dubai, UAE

Position Overview The Real Estate Manager plays a key role in expanding and optimizing the retail store portfolio for Majid Al Futtaim Lifestyle across Dubai and the wider UAE. This role focuses on identifying high-performing retail locations, managing lease negotiations, and supporting store openings to ensure long-term portfolio value, brand visibility, and commercial performance. Working closely with the Director of Real Estate, the role contributes directly to strategic growth, cost optimization, and risk management across the retail real estate portfolio.

Job Details Country: UAE City: Dubai Industry: Real Estate Function: Real Estate Salary: 25000-35000 monthly (Market estimated) Gender: Any Candidate Nationality: Any Job Type: Full-time

Role Summary

The role is responsible for supporting the end-to-end real estate lifecycle, from site identification and evaluation through lease execution, renewals, and store delivery. It ensures that all real estate activities align with Majid Al Futtaim Lifestyle's growth strategy, financial targets, and brand standards, while maintaining compliance with legal, municipal, and regulatory requirements.

Key Responsibilities

• Support the execution of the full real estate process including site selection, feasibility assessment, lease negotiations, renewals, terminations, and store openings in line with approved business plans.
• Oversee administration and accuracy of lease agreements and property documentation, coordinating closely with Legal and Insurance teams to mitigate risk and ensure compliance.
• Manage lease-related budgets, rental costs, fit-out expenditures, and ongoing property expenses, ensuring cost control and operational efficiency.
• Coordinate landlord communications, track negotiation points, amendments, and approvals to ensure timely lease execution and portfolio continuity.
• Collaborate with Operations, Marketing, Finance, Project Delivery, and Legal teams to support on-time store openings, refurbishments, and adherence to brand and operational standards.
• Identify potential commercial, legal, or operational risks with significant financial impact and drive practical mitigation solutions.
• Prepare portfolio data, insights, and reports to support decision-making, performance reviews, and optimization strategies.
• Ensure all contracts and agreements comply with municipal regulations, government requirements, and internal governance standards.

Candidate Requirements

• Bachelor's degree in Engineering, Construction Economics, Real Estate, Finance, or Business Administration.
• Minimum 7 years of experience in development or real estate management on major retail or mixed-use projects.
• Strong understanding of lease structures, negotiations, and retail property economics.
• Proven experience working with cross-functional stakeholders in a matrix environment.
• Excellent communication skills in English.
• Experience within the MENA property and retail real estate sector is highly desirable.

Why Join Us

• Be part of a leading regional lifestyle and retail group with a strong growth pipeline.
• Exposure to high-profile retail brands and landmark shopping destinations.
• Opportunity to influence portfolio strategy and long-term real estate performance.
• Collaborative, professional environment with clear career progression opportunities.