Vice President - DM Portfolio ALDAR Properties PJSC

JOB PURPOSE

Perform and assist in the managing of development projects activities from inception to completion which involves co-ordination of multi-disciplinary internal and external consultants and stakeholders to achieve the required project deliverables as directed by the line manager

ROLES AND RESPONSIBILITIES

Assist in managing business development activities for land, residential retail and mixed-use assets as directed by the line manager

Develop feasibility studies for residential, retail and mixed-use assets and seek approval from line manager

Perform project costing in coordination with Project Management

Develop financial model in collaboration with Partnerships & Investment and other relevant functions

Liaise with Partnerships & Investments and other relevant functions on feasibility studies

Develop feasibility study on owned land, in conjunction with the line manager:

Perform infrastructure costing in coordination with Operations. Perform high level cost breakdown of infrastructure (recoverable versus non recoverable costs)

Develop financial model and feasibility studies. Liaise with various Investment Analysis and other relevant functions on feasibility study

Review the Delivery team progress and report on progress of the delivery and the timely handing over of government related assets to reduce O+M costs and land costs

Review and Report on pre-concept test fit, concept master plan and detailed master plan managed and developed by the master planning function

Review, update, report and recommend on the allocated land bank from inception, design, delivery of infrastructure, authority handovers, sales and development on land plots

Use market intelligence reports to recommend land use requirements for master plans; matching supply with demand

Use market reports and media publication to identify trends in Development products related to lifestyle and recommend land use and products that can overall enhance the project attractiveness and profitability

Review and update development manager on schedules for land development in conjunction with Delivery and Controls

Perform continuous monitoring of design and project deliverables, program and risk register

Provide constant progress updates and monthly written reports on constructionprogress

Identify major issues or conflicts and recommend appropriate solutions

Monitor development budgets against projected and actual costs and recommend appropriate solutions on deviations

Support in deciding on refined commercial strategy based on recommendation from Commercial (e.g., pricing, sales phasing, etc.)

Support in deciding on marketing strategy (e.g., marketing calendar, branding, etc.)

Support in deciding on Asset, PM and FM strategy, ensure proper handover and coordination with PM and FM entities and Asset Manager