Director - Asset Management (Residential/Commercial)
aldar
JOB PURPOSE
Own the residential/commercial asset-class strategy and performance, aligned with overall portfolio objectives. Drive NOI, occupancy, asset value and sustainable returns through active asset management. Lead leasing, asset enhancement and commercialization to optimize asset performance and value. Leverage AI, analytics and market insights to enhance asset-level decisions and performance.
REPORTING LINES
Report To: Chief Portfolio Management Officer or Executive Director – Portfolio Management Internal Reports From: Associate Asset Management Key Internal Interfaces: D-Hold: brief alignment, project delivery, handover | Legal: lease docs, land titles, operator contracts, JV agreements | Finance: business planning, CAPEX approvals, valuations | M&A: acquisitions/disposals | Khidmah (FM): CAPEX execution | Strategy & Corporate Development | HR | IT/Digital: smart building, tenant portal External Interaction: Asteco (leasing), residential tenants, brokers, valuers, insurance providers, government housing entities (DoM, DMT), JV partners.
ROLES AND RESPONSIBILITIES
Asset Strategy & Performance Own the asset management strategy and business plan for the assigned residential/commercial portfolio. Shape asset-class positioning and the multi-year hold, enhance or exit view in line with portfolio strategy and market cycle. Deliver NOI, occupancy, rental growth and asset performance against approved targets. Monitor asset performance and drive corrective actions and value-enhancement initiatives.
Leasing & Commercial Optimization Lead leasing, pricing and retention strategies based on market positioning and asset performance. Set tenant-mix, anchor and covenant strategy to strengthen asset positioning and long-term income quality. Drive commercialization and ancillary income opportunities to diversify and enhance asset revenues. Use market intelligence and customer/tenant insights to optimize commercial decisions.
Asset Enhancement & Value Creation Lead asset enhancement and repositioning initiatives based on business cases, returns and strategic priorities. Build and defend investment cases for enhancement capital and track realized returns against underwriting. Recommend hold, enhance, reposition or exit actions based on asset performance and portfolio strategy. Partner with Development on asset requirements, design considerations and handover readiness.
Operational & Partner Oversight Oversee property/facility management and external operators against agreed financial, operational and service KPIs. Ensure effective asset delivery, regulatory compliance and management of key asset-level risks. Embed ESG, sustainability and customer-experience standards across the assigned assets. Manage relevant JV and strategic partner interfaces for assigned assets.
Analytics, AI & Stakeholder Management Leverage AI, advanced analytics and market intelligence to strengthen forecasting, performance insights and asset decisions. Benchmark asset performance against market comparables to inform pricing, capital and strategic decisions. Provide asset-level insights and recommendations to Portfolio Management and relevant governance forums. Collaborate with Finance, Investment & Capital Planning and Portfolio Performance & Intelligence on planning and performance.
FINANCIAL ACCOUNTABILITY
Owns the residential P&L, NOI target and CAPEX/OpEx budget. Recommends enhancement and leasing spend within DoA.
KEY RESULT AREAS Asset Financial Performance – NOI, occupancy and rental growth vs. plan Asset Value Creation – enhancement, repositioning and commercial returns Operational Performance – operator performance and asset KPIs delivered Asset Optimization – leasing, pricing, retention and asset utilization AI & Performance Insights – analytics driving forecasts and asset decisions
WORKING CONDITIONS Regular working hours, office based with travel as needed.
YoE / QUALIFICATIONS / SKILLS
RELATED YEARS OF EXPERIENCE
Min. 14+ years, with at least 7 years in residential or commercial asset management or property investment within a REIT, fund or institutional developer.
YoE IN MANAGERIAL POSITION
Min. 6+ years managing teams and service providers.
FIELD OF EXPERIENCE
Residential real estate asset management, leasing, property investment, place-making.
TECHNICAL AND INTERPERSONAL SKILLS
Deep knowledge of UAE residential market dynamics, leasing and competitive landscape. Proven track record developing and executing asset enhancement programs. Strong financial modeling and P&L management skills. Experience with JV governance structures and management agreement enforcement. Ability to develop IC submissions and Board-level papers. Knowledge of UAE land ownership, title, RERA and ADM regulations. Experience with sustainability frameworks (Estidama, LEED) and energy efficiency programs. Ability to leverage AI and digital analytics for forecasting, performance optimization and asset decision-making.
QUALIFICATION
Bachelors in engineering, Finance, Economics, Real Estate or related; master's degree preferable. MRICS or equivalent an advantage.
- ...JOB PURPOSE Lead the strategic management of Aldar's assigned commercial assets to maximize portfolio value, optimize financial performance, and enhance customer experience. Drive asset performance through leasing strategy, capital investment, service provider governance...
- ...JOB PURPOSE •Provide independent commercial assurance across the D-Sell portfolio by reviewing, challenging and validating business... ...development, commercial, investment or development finance. •6+ years managing commercial activities. Technical and Interpersonal Skills...
- ...Job Summary The Commercial Director is responsible for leading the commercial strategy, contract management, and procurement activities supporting large-scale facilities management... ...mixed-use developments, or high-footfall assets preferred. Knowledge & Skills...
- ...Grey HR is partnering with a Commercial Real Estate company based out... ...an experienced Projects Director to oversee all design and construction... ...developments and existing asset enhancements. Lead the... ...Development & Projects department to manage end-to-end project activities...
- ...Aldar is seeking an Executive Director – Design Management to lead and govern the Design Management... ...product verticals: Upper & Luxury Residential; Commercial, Retail & Hospitality; and National... ...Management verticals and Aldar's full asset portfolio. Direct the design...
- ...About the Role We are seeking an experienced Commercial Manager to join a growing organisation operating within the insurance and risk advisory sector. The successful candidate will be responsible for managing complex insurance placements, developing strong relationships...
- ...portfolio-wide programme planning, governance and performance management across the D-Sell development portfolio. Establish and maintain... ...planning activities across Design, Delivery, Procurement, Commercial and Finance. Facilitate cross-functional alignment on programme...
- ...Job Title: Commercial Project Manager – Siemens Grid Software Location: Dubai or Abu Dhabi, UAE About Us At Siemens Grid Software, we're at the forefront of transforming the energy landscape through innovative digital solutions. Our cutting-edge software platforms...
- ...Job Purpose Lead and oversee asset management operations, including strategic planning, financial management, contract management, and asset performance optimization. Ensure delivery of high-quality facilities management services aligned with client expectations, leveraging...
- ...JOB PURPOSE Support the execution of retail management strategy by analyzing financials, managing P&Ls, and support asset acquisitions, disposals, and transformations. Collaborate with teams to optimize asset performance, track financial targets, and identify investment...
- ...Job Summary The Facilities Management Director is responsible for leading the delivery of integrated facilities management services within... ...operational environment. The role oversees hard and soft FM services, asset management, contract management, and project delivery through...
- ...Summary The Head of Corporate & Commercial Finance holds end-to-end ownership of the organization... ..., spanning origination, portfolio management, credit risk oversight, and client... ...portfolio growth while ensuring strong asset quality, regulatory compliance, and risk...
- ...Role We are seeking a results-driven Business Development Manager to identify new business opportunities, build strong client relationships... ..., and support the company's growth across government and commercial sectors. Key Responsibilities Identify and pursue new...
- ...About the Role We are looking for an experienced Proposals Manager to lead the preparation and submission of high-quality proposals for government and commercial opportunities. You will work closely with cross-functional teams to develop compliant, competitive, and...
- ...OW is transitioning from startup mode into an industrialized space-systems manufacturer, and we’re looking for a Director of Industrial Management to help lead that shift. This role works across all Operations functions — AIT, QA, Supply Chain, Manufacturing Engineering...
- .... Overview You will be responsible for managing and developing a portfolio of Funds and Sovereign Wealth Funds, ensuring the... ...development of long-term client relationships while maximizing commercial performance across the assigned portfolio. You will coordinate...
- ...Strategies and Standards Set portfolio-wide standards for asset modeling, data integration patterns, and scalability Ensure... ...with customer personnel across functions and levels. Project Management and/or Agile certification is a plus. Solid understanding of...
- ...highly articulate Business Development Manager to serve as the commercial face of our High-Rise Building Chiller... ...based relationships with Chairmen, CEOs, Asset Managers, and Senior Project Directors of major high-rise residential and commercial developments....
- ...Drive the Digital Agenda Business Acquisition & Sales Management Generate new business to achieve defined targets in terms of... ...base in terms of the profile, demographics & psychographics and assets in the Bank and in other places. Serve as the one-point contact...
- ...digital innovators, program and construction managers and other professionals delivering... ...AECOM are currently seeking a Associate Director - ELV, to join our Buildings Design practice... ..., and BIM 360. Conduct technical and commercial evaluations of building systems, provide...
- ...a visionary and strategic leader to take the helm of our high-performing Solution Consulting team in the UAE. This isn't just a management role; it's a chance to be a pivotal member of the EMEA Go-To-Market and EMEA Presales leadership teams. You will be the architect...
- ...engineering, public realm, architecture, interior design, design management and design innovation. Establish governance, programme, data... ...consultant scopes, interfaces, performance expectations and commercial compliance. Maintain consistency of design intent and accountability...
- ...Wanna join the adventure? As the Director of Business Development for Orbitworks, you will drive the commercial growth of this groundbreaking joint venture. By identifying opportunities, establishing partnerships, and fostering strong customer relationships, you’ll...
AED40000 per year
...details. Push what design becomes with AI. We expect our Design Director to be genuinely dangerous with an AI coding agent ,... ...clear ownership, careers that grow without forcing anyone into management. The design system deserves protected ownership so it accelerates...- ...and services that improve the asset performance of industrial... ...ROLE OVERVIEW The Sales Manager — Oil & Gas will be responsible... ...segments. This role requires a commercially astute professional with deep... ...travel) Reports To Operation Director Employment Type Full-...
- ...and other prominent private and governmental entities) Role covers transaction origination and execution through to ongoing management of investments post transaction Key focus on financial structuring, due diligence, capital raising, relationship management...
- ...an exciting organisation in Dubai that is looking to appoint a Director of Technology to help shape the next phase of its digital... ...strategy into execution • Strong leadership and stakeholder management skills with a passion for building high performing teams • Experience...
- ...established organization seeking a Marketing Director to lead its marketing function and... .... The organization is looking for a commercially driven leader who can develop integrated... ...marketing disciplines, including brand management, digital marketing, communications, customer...
- ...is looking for a dynamic, motivated, and results-driven Senior Commercial Real Estate Consultant to join our growing team in Abu Dhabi.... ...clients * Excellent communication, negotiation, and client-management skills * Good computer skills, including MS Office, CRM systems...
- ...organization seeking an experienced Finance Director to lead its finance function and... ...leadership, disciplined governance, and commercially driven decision-making that supports sustainable... ..., reporting, treasury, taxation, risk management, budgeting, and corporate governance....
Do you want to receive more vacancies?
Subscribe and receive similar vacancies to Director - Asset Management (Residential/Commercial). Be the first to apply!
