Assistant Manager - Development | Real Estate | Asset Development

Job Requisition ID: 171756 

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate. 

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day

Overview of the role:

This role is responsible for assisting Development and Senior Development Managers in implementing the development process, through different project steps up to and including the practical completion, to ensure the achievement of the project vision.

What you will do:

• Assist in preparing Development Briefs for new developments and ensure the adherence of all departments to the Development Brief throughout all the project phases
• Assist in Monitoring   Development Briefs and Reports, including identification of opportunities/risks; site conditions; outline project/stakeholders requirements; cost estimates and anticipated revenues; market studies; range of consultants and others to be engaged for the project; project feasibility studies and appraisals; funding options; project timeframe; proposed future actions and recommendations; project KPI’s
• Assist in Preparing Business Cases to prepare and obtain different documents required for the preparation and approval of Preliminary, Investment, and Project Budgets by coordinating with different stakeholders to develop necessary documents and studies in compliance with AFGRE policies and procedures;
• Assist in monitoring performance; report on development; review programs; and confirm cost and program compliance with business cases and present designs to ensure adherence to time, cost, and quality requirements; Review project dashboards with respect to feasibility assumptions in terms of anticipated costs and forecasted revenues.
• Assist in Monitoring Sales Trends of various products and prepare the corresponding Sales and Pricing strategies, considering the sales targets and the actual sales absorption rates.
• Attend Project Progress meetings and monitor project progress across all development stages.
• Support and assist the Development and Senior Development Managers in implementing the development vision.

Required Skills to be successful:

Minimum experience of 5 years with at least 1 year in a Real Estate Development Company.

What equips you for the role:

• Bachelor’s degree in Architecture, Civil Engineering, or Construction Engineering.
• Arabic and English proficiency is a must.
• Professional skills in Microsoft Office, Excel, and AutoCAD.

About Al-Futtaim Group Real Estate
The real estate development and operations arm of Al-Futtaim, Al-Futtaim Group Real Estate is responsible for a multi-billion-dollar portfolio across MENA. With high-quality residential, business, retail, tourism, educational and healthcare developments, the master developer caters to the diverse needs of cities and communities in the region. From origination, conception, development, sales, procurement and construction of mega-projects and the leasing, operation and management of these projects after completion, Al-Futtaim Group Real Estate (AFGRE) has been developing and managing owned landbanks, unlocking the economic potential of the region and contributing to future development for more than 40 years. 
Our focus is to enable and invest in meaningful relationships to make our properties the best places to live and work, build additional products and services and enable partnerships to create true value to our customers throughout their entire experience with us.
AFGRE is responsible for master planning of all projects in its portfolio, including two large scale mixed use destinations: Dubai Festival City and Cairo Festival City.