Senior Vice President - Real Estate Development

Al Ghurair; Dubai; Presencial; AED 900.000 - 1.600.000; Jornada completa

Descripción de la vacante

Al Ghurair Development seeks a Senior Vice President - Development in Dubai to lead residential build-to-sell projects, steer feasibility, product definition and design management, and deliver complex developments across the lifecycle. You will influence senior stakeholders and drive strategic planning and financial performance.

The role requires extensive Dubai residential market experience, strong leadership, and a hands-on approach to resolving development challenges in a fast-paced

Formación

• At least 10 years of relevant real estate development experience, including significant exposure to residential build-to-sell developments in Dubai.

Responsabilidades

• Develop strategy and commercial planning for new and existing projects, translating objectives into development products and delivery plans.
• Prepare and evaluate feasibility studies, development briefs and business plans with market research and data.
• Evaluate unit configurations, layouts, pricing, costs, schedules and cash flow throughout the lifecycle of developments.
• Lead design management and coordinate with architects, engineers and consultants across concept to detailed design.
• Oversee multiple developments, prioritising activities by commercial importance and delivery commitments.
• Provide senior management with clear recommendations and risk assessments based on market conditions and project data.

Conocimientos

Leadership

Financial analysis

Stakeholder management

Strategic planning

Project leadership

Educación

Bachelor's degree in Architecture or related

Descripción del empleo

Senior Vice President - Real Estate Development Job Snapshot

Role: Senior Vice President - Development - Location: Dubai, United Arab Emirates - Industry: Real Estate - Function: Real Estate - Experience: At least 10 years of relevant real estate development experience - Job Type: Full Time - Work Arrangement: On-site

Position Overview

Al Ghurair Development is seeking an accomplished Senior Vice President - Development to join its Development Projects team in Dubai, United Arab Emirates. This senior leadership position is responsible for executing development strategies across new and existing real estate projects, with a particular focus on residential build-to-sell developments. The role combines commercial leadership, residential product development, investment feasibility, design management and project delivery. The successful candidate will translate land, market and investment objectives into commercially viable development plans while overseeing multiple projects at different stages of their lifecycle. We are looking for a commercially astute real estate development professional with extensive experience in Dubai 's residential property market, sound product judgement and the ability to influence senior stakeholders. The position requires strategic thinking, detailed financial understanding and a hands-on approach to resolving complex development challenges.

Job Details

• Country: United Arab Emirates
• City: Dubai
• Industry: Real Estate
• Function: Real Estate
• Salary: Not disclosed
• Gender: No Preference
• Candidate Nationality: Not specified
• Job Type: Full Time
• Work Arrangement: On-site

What You'll Do

• Development Strategy and Commercial Planning - Execute the development strategy for new and existing projects, converting land acquisition, market positioning and investment objectives into defined development products and delivery plans.
• Prepare, maintain and critically evaluate feasibility studies, development briefs and project business plans supported by relevant market research and commercial data.
• Assess residential unit mix, unit sizes, pricing, revenue projections, development costs, project schedules, sales phasing, profitability and key financial sensitivities.
• Maintain ownership of development business plans, identifying significant risks, opportunities and performance variances with clear recommendations for corrective action.
• Apply market research and competitor intelligence to decisions concerning residential product positioning, pricing and customer demand.
• Present concise commercial assessments, strategic options and evidence-based recommendations to senior management, including situations involving incomplete or evolving information.
• Residential Product Development and Design Leadership - Lead residential product definition and refinement to ensure developments meet customer expectations, market requirements and commercial objectives.
• Evaluate unit configurations, layouts, room dimensions, planning efficiency, specifications, interior finishes, kitchens, bathrooms and residential amenities.
• Guide decisions relating to architectural design, landscaping, common areas and relevant product brands.
• Develop clear design briefs for architects, designers and specialist consultants, establishing expectations for product quality, technical performance and commercial outcomes.
• Lead consultant teams through concept design, schematic design and detailed design development.
• Review and challenge design proposals from product, financial, technical and programme perspectives while maintaining constructive professional relationships.
• Ensure design decisions remain consistent with approved development objectives, market positioning and business plan requirements.
• Project Lifecycle and Portfolio Management - Lead assigned real estate developments through the complete project lifecycle, from initial opportunity assessment and feasibility to construction and final delivery.
• Manage multiple concurrent developments or major workstreams at different stages of planning, design, approval, launch and execution.
• Prioritise activities and decisions across the development portfolio according to commercial importance, project requirements and delivery commitments.
• Identify emerging project issues, assess their potential impact and drive practical solutions through to resolution.
• Escalate material risks and decisions to senior management promptly, supported by clear analysis of available options and recommended actions.
• Sales Launch and Cross-Functional Coordination - Lead development readiness for residential sales launches in collaboration with Sales, Marketing, Finance, Legal and other relevant departments.
• Develop pricing recommendations, inventory allocation and release strategies aligned with the development business plan.
• Coordinate sales planning, project registrations, authority approvals and other requirements associated with bringing residential developments to market.
• Oversee preparation of product specifications, show units, sales centres and customer-facing development information.
• Ensure that commercial, design, regulatory and operational requirements are appropriately coordinated before sales launch.
• Support alignment between development objectives, customer expectations and projected sales performance.
• Development Reporting and Financial Performance - Maintain accurate and concise reporting on development business plans, project performance and material commercial decisions.
• Monitor sales activity, projected revenue, development expenditure, profitability and programme performance against approved plans.
• Track design progress, regulatory approvals, emerging risks, commercial opportunities and matters requiring management decisions.
• Evaluate development margins, cash flow implications and changes to financial assumptions throughout the project lifecycle.
• Provide senior management with clear visibility of project performance and timely recommendations where adjustments are required.
• Regulatory Compliance and Dubai Development Requirements - Apply practical knowledge of Dubai Building Code and relevant Dubai Municipality and Dubai Development Authority (DDA) requirements throughout development planning and design.
• Ensure appropriate consideration of Dubai Land Department (DLD) and Real Estate Regulatory Agency (RERA) requirements during project registration, sales launch and delivery.
• Coordinate development activities involving regulatory approvals, project registration and escrow requirements.
• Assess the implications of applicable regulations for development feasibility, design decisions, project schedules and commercial commitments.

Who You Are

• Education and Professional Background - Bachelor 's degree in Architecture or a related discipline.
• A relevant postgraduate qualification or professional accreditation is advantageous but not essential.
• At least 10 years of relevant real estate development experience, including significant exposure to residential build-to-sell developments in Dubai.
• Experience working with a leading residential property developer in Dubai or elsewhere in the UAE is preferred.
• Experience in premium or upper-mid-market residential developments is an advantage.
• Real Estate Development Experience - Demonstrable experience across the full development lifecycle, including opportunity evaluation, feasibility assessment, business planning, product definition, design management, sales launch, construction and delivery.
• Proven ability to manage multiple residential developments or substantial development workstreams concurrently.
• Strong understanding of Dubai 's residential build-to-sell market, including customer demand, competitive positioning, pricing and sales performance.
• Excellent judgement concerning residential layouts, dimensions, specifications, amenities, finishes, product brands and market differentiation.
• Practical understanding of the relationship between development quality, customer expectations and commercial viability.
• Commercial and Technical Expertise - Strong financial understanding of real estate project profit and loss statements, development feasibility, construction and development costs, revenue, margins and cash flow.
• Ability to evaluate development business plan sensitivities and assess the commercial implications of changing market or project conditions.
• Advanced design management capability, including the confidence to review and constructively challenge architectural and consultant proposals.
• Working knowledge of Dubai Building Code, Dubai Municipality, DLD and RERA requirements relevant to residential development.
• Understanding of regulatory implications for design approvals, project registration, residential sales launches and development delivery.
• Leadership and Professional Capabilities - Excellent written and verbal communication skills, with the ability to present clear and credible recommendations to senior management.
• Strong influencing and stakeholder management skills, including the ability to align different business functions around development priorities.
• Confidence to challenge assumptions, evaluate alternatives and make reasoned recommendations.
• Strong analytical thinking, intellectual agility and attention to detail.
• Effective prioritisation and the ability to respond quickly to changing commercial and project requirements.
• A proactive, collaborative leadership approach that supports productive working relationships across internal teams and external consultants.

Why Join Al Ghurair

At Al Ghurair, we are committed to driving innovation, supporting collaboration and shaping the future of our businesses. Our working environment values professional expertise, proactive thinking, mutual respect and open communication. As Senior Vice President - Development, you will contribute to the strategic direction and execution of residential development projects, working across commercial planning, product design, investment performance and project delivery. The opportunity offers involvement in significant development decisions within a diversified business group whose purpose, "Enhancing Life ", guides its approach to business and long-term growth.

About Al Ghurair

Founded in 1960, Al Ghurair is a diversified family business group headquartered in Deira, Dubai. Its operations span major business activities including foods and resources, properties, construction and services, energy, mobility and ventures. With a longstanding presence in the United Arab Emirates and an international business footprint, the group employs approximately 28,000 people. Al Ghurair Development forms part of the group 's real estate activities, with its Development Projects team focused on translating development opportunities into commercially sound property projects. Building on its heritage of entrepreneurship and innovation, Al Ghurair continues to pursue its purpose of "Enhancing Life " through responsible business development, collaboration and a commitment to excellence.