Aldar Properties

Real estate development and asset management

Vice President - Asset Management, Commercial

Real Estate Property ManagementConfirmed live in the last 24 hours

Full-timeAbu Dhabi - United Arab EmiratesNo salary listed

About the Job

Requirements

At least 10 years of experience, including at least 5 years in real estate, property and asset management, investment banking, buy-side or sell-side advisory, or a related field.
At least 2 years in a related managerial position.
Experience in banking, real estate consultancy, or management consultancy.
Outstanding analytical and quantitative skills; proficiency with standard software, including Microsoft Office; advanced Excel skills are required.
A proven track record in conducting valuations and financial models.
Ability to analyze and evaluate information and support rapid decision-making.
Ability to interpret and manage transaction documentation, including non-disclosure agreements, memoranda of understanding, letters of intent, and share purchase agreements.
Ability to develop Board-level papers and investment memoranda.
Bachelor's degree in Engineering, Economics, Finance, or Accounting.

Responsibilities

Lead the strategic management of 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, sustainability initiatives, and cross-functional collaboration while supporting long-term investment objectives.
Develop and implement asset strategies to maximize long-term value and portfolio performance.
Drive portfolio optimization through asset repositioning, enhancement, and capital recycling initiatives.
Monitor market trends and asset performance to support strategic decision-making.
Manage portfolio financial performance, including net operating income, occupancy, yield, valuation, and total return.
Identify value creation opportunities and oversee annual business planning, budgeting, and financial reporting.
Support investment decisions through financial analysis and performance insights.
Lead leasing strategies to maximize occupancy, rental growth, and tenant retention.
Identify commercialisation opportunities and oversee tenant engagement initiatives to improve customer satisfaction and net promoter score.
Review key leasing transactions and ensure alignment with portfolio objectives.
Lead asset enhancement programmes and capital expenditure initiatives to improve asset performance and customer experience.
Coordinate with Development, Legal, Finance, and Operations to ensure successful project delivery and asset handover.
Monitor post-completion performance against approved business cases.
Oversee the performance of Property and Facilities Management service providers through agreed service-level agreements, key performance indicators, and governance frameworks.
Drive continuous improvement, operational excellence, and cost optimization across the portfolio.
Partner with internal business units, including Development, Finance, Legal, Retail, Hospitality, and Education, to deliver integrated portfolio initiatives.
Build and maintain effective relationships with tenants, brokers, consultants, contractors, and external stakeholders.

Desired Qualifications

MBA in Finance.
Chartered Financial Analyst, Chartered Accountant, or Certified Public Accountant qualification.

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, sustainability initiatives, and cross-functional collaboration while supporting Aldar's long-term investment objectives.

The role is for the UAE national

ROLES AND RESPONSIBILITIES

1. Strategic Asset & Portfolio Management

Develop and implement asset strategies to maximize long-term value and portfolio performance.
Drive portfolio optimization through asset repositioning, enhancement, and capital recycling initiatives.
Monitor market trends and asset performance to support strategic decision-making.

2. Financial Performance & Capital Management

Manage portfolio financial performance, including NOI, occupancy, yield, valuation, and total return.
Identify value creation opportunities and oversee annual business planning, budgeting, and financial reporting.
Support investment decisions through financial analysis and performance insights.

3. Leasing, Commercialisation & Tenant Experience

Lead leasing strategies to maximize occupancy, rental growth, and tenant retention.
Identify commercialisation opportunities and oversee tenant engagement initiatives to improve customer satisfaction and NPS.
Review key leasing transactions and ensure alignment with portfolio objectives.

4. Asset Enhancement & Development Coordination

Lead asset enhancement programmes and CAPEX initiatives to improve asset performance and customer experience.
Coordinate with Development, Legal, Finance, and Operations to ensure successful project delivery and asset handover.
Monitor post-completion performance against approved business cases.

5. Service Provider Governance

Oversee the performance of Property and Facilities Management service providers through agreed SLAs, KPIs, and governance frameworks.
Drive continuous improvement, operational excellence, and cost optimization across the portfolio.

6. Stakeholder & Portfolio Collaboration

Partner with internal business units, including Development, Finance, Legal, Retail, Hospitality, and Education, to deliver integrated portfolio initiatives.
Build and maintain effective relationships with tenants, brokers, consultants, contractors, and external stakeholders.

RELATED YEARS OF EXPERIENCE

Min of 10+ years of at least 5 years of experience in real estate, property and asset management, investment banking, buy side or sell side advisory or other related field.

YOE IN MANAGERIAL POSITION

Min of 2+ years in a related managerial position

FIELD OF EXPERIENCE

Banking, real estate consultancy, management consultancy.

TECHNICAL AND INTERPERSONAL SKILLS

Outstanding analytical and quantitative skills; proficiency with standard software, including MS Office; advanced Excel skills is a must.
Proven track record in conducting valuation / financial models.
Able to analyze, evaluate and move quickly to support rapid decision making.
Ability to interpret and manage transaction documentation: NDAs, MoUs, LoI’s, and SPA’s
Ability to develop Board level papers and investment memoranda.

QUALIFICATION

Bachelor Degree in Engineering, Economics, Finance or Accounting, MBA (Finance), CFA, CA or CPA preferred.

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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