Aldar Properties

Real estate development and asset management

Assistant Vice President - Asset Management, Retail

Real Estate Property ManagementConfirmed live in the last 24 hours

Full-timeAbu Dhabi - United Arab EmiratesNo salary listed

About the Job

Requirements

A minimum of 8 years of related experience managing retail asset properties with annual revenue exceeding AED 1 billion.
Experience in retail management, including malls and community retail.
Strong exposure to the GCC real estate market.
Experience in property management and respective remedial auctions.
Good analytical skills.
Good conflict resolution and management skills.
Good communication, planning, and organizing skills.
Demonstrated ability to build and maintain strong relationships with internal and external stakeholders.
Excellent negotiation and persuasion skills.
Interpersonal skills.
Excellent relationships with major Middle East regional retailers.
A bachelor's degree in engineering, business, or economics.
The role is exclusive to UAE Nationals.

Responsibilities

Support execution of the retail management strategy, prepare detailed profit and loss (P&L) statements, and consolidate financials for review by asset managers.
Support the development pipeline by collaborating with AI-DM to facilitate timely asset delivery.
Conduct market studies and coordinate acquisitions, managing integration and handover of newly acquired assets.
Analyze underperforming assets using internal rate of return (IRR), return on investment (ROI), and return on equity (ROE) to recommend disposals or transformations.
Monitor the P&L for assigned retail assets and ensure financial targets are met through strategies such as rent pricing and tenant mix.
Assist in building business cases for asset transformations and manage P&L for community malls, advising on rent rolls, pricing, and asset operations.
Analyze market trends and perform financial analysis on potential acquisitions, disposals, or transformations to identify growth opportunities.
Identify investment opportunities and coordinate with Retail General Managers to identify synergies, optimize performance, and track monthly operational and financial targets.
Provide insights to the Senior Vice President of Asset Management on cross-retail strategies, rent pricing, leasing and tenant mix, and key performance indicators to enhance asset performance and customer satisfaction.

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 opportunities for growth.

This role is exclusive to UAE Nationals.

ROLES AND RESPONSIBILITIES

Support the execution of Retail Management Strategy, prepare detailed P&L statements, and consolidate financials for review by asset managers.

Support the development pipeline by collaborating with AI-DM for timely asset delivery.

Conduct market studies and coordinate acquisitions, managing the integration and handover of newly acquired assets.

Analyze underperforming assets (IRR, ROI, ROE) to recommend disposals or transformations.

Monitor the P&L for assigned retail assets, ensuring financial targets are met through strategies like rent pricing and tenant mix.

Assist in building business cases for asset transformations and manage P&L for community malls, advising on rent rolls, pricing, and asset operations.

Analyze market trends and perform financial analysis on potential acquisitions, disposals, or transformations to identify growth opportunities.

Contribute to the company’s growth by identifying investment opportunities. Coordinate with Retail GMs to identify synergies, optimize performance, and track monthly operational and financial targets.

Provide insights to SVP Asset Management on cross-retail strategies, rent pricing, leasing/tenant mix, and KPIs to enhance asset performance and customer satisfaction.

RELATED YEARS OF EXPERIENCE

Min of 8+ years of related experience in managing retail asset properties with annual revenue in excess of AED 1Bn million

FIELD OF EXPERIENCE

Experience in retail management i.e., malls and community retail

Strong exposure to the GCC real estate market

Experience in Property Management and respective remedial auctions

TECHNICAL AND INTERPERSONAL SKILLS

Good analytical skills

Good conflict resolution/managements skills

Good communication, planning and organizing skills

Demonstrated skills in building and maintaining strong relationships with internal and external stakeholders

Excellent negotiation and persuasion skills

Interpersonal skills

Excellent relationships with major Middle East regional retailers

QUALIFICATION

Bachelor’s degree in engineering, business, or economics

About the Company

Aldar Properties

Real estate development and asset management

Aldar Properties is a real estate developer and asset manager in Abu Dhabi. It operates two segments: Aldar Development, which builds and sells land, homes, and commercial spaces (such as Yas Island and Saadiyat Island), and Aldar Investment, which owns and manages rental and income-generating assets like Yas Mall, offices, residences, and hotels. The company earns from property sales and from ongoing rental and asset income, relying on a mix of development projects and a steady income portfolio. Its goal is to shape Abu Dhabi’s urban landscape with large, long-term projects while expanding its asset base and regional footprint.

Company size: 5,001-10,000
Company stage: IPO
Headquarters: Abu Dhabi, United Arab Emirates
Founded: 2004

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