--- title: 'Senior Vice President - Development at Aldar Properties PJSC' canonical: 'https://feeny.ai/job/senior-vice-president-development-aldar-properties-pjsc-abu-dhabi-3zs7811bbhcg' type: 'job' last_seen: '2026-11-01' --- # Senior Vice President - Development at Aldar Properties PJSC - **Company:** Aldar Properties PJSC - **Location:** Abu Dhabi, United Arab Emirates - **Work type:** onsite - **Posted:** 2026-10-28 - **Last confirmed live:** 2026-11-01 - **Apply:** https://jobs.lever.co/aldar/e29e1a7d-7794-4de1-a9c4-b078058bc994 ## Job description ## JOB PURPOSE Lead individual development projects from inception to completion which involves feasibility studies and the management and co-ordination of multi-disciplinary internal and external consultants and stakeholders to achieve the required project deliverables as directed by the Director ## ROLES AND RESPONSIBILITIES - Perform business development activities for land, residential retail and mixed-use assets - Identify new own developments opportunities - Recommend developments portfolio strategy (including sub-segment mix) - Support in sourcing new investment with third parties (e.g., JVs, project finance, etc..) - Support in sourcing developments pre-selling/pre-leasing guarantee from end-users. - Develop and prioritize pipeline of potential new developments on land bank. - Identify long-list of potential opportunities. - Develop framework for preliminary prioritization / screening. - 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 - Manage development appraisal to ensure accuracy and identify factors impacting the development performance at the earliest opportunity. - Manage developments from inception to completion in accordance with the Investment Control Process to ensure timely delivery within established parameters. - Make recommendation to the Director on optimal and balanced solutions to problems arising during the development process - Support in deciding on design brief and manage input and performance from Project Management. - Critique, analyze and challenge the design proposals presented by consultants and recommendations by internal resources to ensure that key development criteria are achieved. - Develop and manage the Phasing and Procurement strategy in collaboration with Project Management. - Support in deciding on detailed project costs based on Procurement and Project Management input - Support in the selection, negotiation, appointment of consultants, contractors and service providers based on Procurement’s recommendation - Support in deciding on project schedule, anticipate and resolve possible roadblocks to completion of construction to ensure on-time project delivery - Address key procurement contract variations arising from differences in project design raising major issues to the line manager - Produce and manage the development’s Risk Register - Perform continuous monitoring of design and project deliverables, program and risk register - Provide constant progress updates and monthly written reports on construction progress - 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 the negotiation of the Heads of Terms for asset purchase and lease agreements with all 3rd party entities in collaboration with internal leasing and legal departments. - Support in collaboration with internal sales, leasing and legal departments in the production of the Heads of Terms for sales contracts and retail leases. - Support in deciding on refined commercial strategy based on recommendation from Commercial (e.g., ERV, retail mix, phasing, market timing, 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 ## YoE / QUALIFICATIONS / SKILLS ## RELATED YEARS OF EXPERIENCE 12+ minimum years of development management experience in managing the development of large retail real estate assets of over AED 500 million in value ## YOE IN MANAGERIAL POSITION Min of 4+ years in a managerial position ## FIELD OF EXPERIENCE Real estate ## TECHNICAL AND INTERPERSONAL SKILLS - Strong understanding of valuation, appraisals and financial modeling of residential and commercial development - Strong knowledge and exposure to the GCC real estate market with large master developers with annual revenue of at least AED 2 billion - Strong understanding of architectural design and construction - Solid understanding of contract procurement policies and procedures gained in the Procurement function of a real estate developer in the GCC  real estate industry ## QUALIFICATION Bachelor’s degree in  real estate, land economics,  property valuation, architecture or engineering ## KEY RESULT AREAS - Average variance to launch plan (new, existing & complimentary assets) - % Projects handover (to internal and external customers) as per final approval business plan - % Deviation of appraisal value (profit-based approach) ## About Aldar Properties PJSC ## Company Overview - **One-liner**: Aldar Properties PJSC is the leading real estate developer, manager, and investor in the UAE, master‑planning communities and managing a diversified portfolio across residential, commercial, retail, hospitality, and education. - **Entity Type**: Public (ticker: ALDAR on the Abu Dhabi Securities Exchange) - **Headquarters**: Abu Dhabi, United Arab Emirates - **Founded**: 2005 (IPO year; exact founding date not publicly available) - **Founders**: Not publicly available ## Core Business - **Primary industry/industries**: Real estate development, investment, property management, education, hospitality, and retail. - **Target customers**: B2B (corporate tenants, government entities, institutional investors), B2C (residential buyers and tenants), and B2G (government housing projects). - **Mission or purpose statement**: Not explicitly stated in the provided sources, but the company emphasizes creating integrated, sustainable communities and delivering long‑term value to stakeholders while supporting the UAE’s Net Zero Strategic Initiative. ## Products & Services - **Aldar Development** – Master developer of large‑scale residential communities (e.g., Yas Island, Saadiyat Island, Al Raha, Reem Island) and commercial projects. Also manages a ~65 million sqm land bank and delivers government housing and infrastructure projects (AED 45 billion backlog). - **Aldar Investment** – Platform that owns and manages recurring‑income assets: - **Investment Properties** – Grade‑A offices (HQ, ADGM Square), retail malls (Yas Mall, Al Jimi Mall), logistics, and residential for lease. - **Hospitality & Leisure** – Hotels and resorts (e.g., Nurai Island, DoubleTree by Hilton, Rixos Bab Al Bahr) and golf clubs. - **Aldar Education** – Leading private education provider in Abu Dhabi, operating schools and academies (e.g., Cranleigh Bahrain). - **Aldar Estates** – The region’s largest integrated property and facilities management platform (merged with Eltizam Asset Management). - **Aldar Ventures** – Incubates new business opportunities and innovation in areas like sustainability and digital. - **Aldar Egypt** – Development platform focused on mixed‑use communities in Egypt (via SODIC). - **International** – London Square (UK) and other overseas ventures. ## Market Standing - **Valuation/Market Cap**: Not disclosed in the provided sources. - **Key Metric**: Annual revenue of AED 33.8 billion (latest fiscal year). - **Notable Investors/Partners**: Government of Abu Dhabi (major shareholder), First Abu Dhabi Bank (FAB – via acquisition of FAB Properties), Dubai Holding (strategic partnership for Dubai market), Abu Dhabi Housing Authority. - **Growth Signals**: - Headcount grew 21.1% year‑over‑year to 1,680 employees (LinkedIn data). - Group development sales reached AED 27.9 billion, with AED 16 billion from overseas and expat buyers. - Expanded into Dubai (launched Haven), Ras Al Khaimah (Nikki Beach Residences), Bahrain (Cranleigh Bahrain), and the UK (London Square). - Launched The Sustainable City on Yas Island and a Net Zero decarbonisation plan. - Increased investments in Aldar Education (AED 350 million) and mall redevelopment (AED 500 million). - Achieved a 21% improvement in Net Promoter Score (NPS) compared to 2022. ## Competitive Advantages - **Scale and diversification**: One of the largest real estate players in the region with a balanced portfolio of development, investment, education, hospitality, and property management. - **Government backing**: Strong ties to the Abu Dhabi government provide access to prime land, capital, and major infrastructure mandates. - **Integrated operating model**: The merger of development and asset management under one roof allows end‑to‑end value creation from master‑planning to property management. - **Geographic expansion**: Successfully entered Dubai, Ras Al Khaimah, Egypt, and the UK, reducing reliance on a single market. - **Sustainability leadership**: Early adoption of net‑zero commitments and a real estate climate pledge differentiate the brand. ## Strategic Focus - **Geographic diversification**: Further penetration of the Dubai market, continued growth in Egypt and the UK. - **Sustainability**: Implementing the Net Zero comprehensive plan, investing in retrofits, and launching new sustainable communities. - **Digital transformation**: Using AI for risk management, customer journey, and data analytics; piloting sustainability‑focused start‑ups. - **Customer experience**: Enhancing CRM, digital SPAs, and loyalty programmes to improve NPS. - **Talent and Emiratisation**: Onboarding 661 Emiratis through the NAFIS programme and maintaining a “Great Place to Work” certification. ## Why Work Here - **Culture**: Aldar is recognised as a “Great Place to Work” and actively invests in employee development and well‑being. - **Growth trajectory**: Rapid expansion across multiple geographies and sectors offers opportunities for internal mobility and career advancement. - **Diverse workforce**: Staff from 43 countries, with a strong push for local talent (NAFIS programme). - **Work location**: On‑site roles in Abu Dhabi (with some positions in Dubai and Ras Al Khaimah); the company’s presence in Egypt and the UK may offer international assignments. - **Notable perks**: Not explicitly listed, but the company’s scale and government affiliation suggest competitive compensation and benefits common in UAE real estate. - **Engineering/tech culture**: Investment in AI, data projects, and digital ventures indicates a growing tech focus within the organisation. ## Sources 1. [Aldar Careers Page](https://jobs.lever.co/aldar) 2. [Aldar Investor Relations](https://ir.aldar.com/) 3. [Aldar LinkedIn Profile](https://linkedin.com/company/aldar_properties) 4. [Aldar Corporate Website](https://www.aldar.com/en/explore-aldar/about-aldar/story) ## Other roles at Aldar Properties PJSC - [Director – Portfolio Management (Development to Hold)](https://feeny.ai/job/director-portfolio-management-development-to-hold-aldar-properties-pjsc-abu-6y9qatq0rw5m) — Abu Dhabi, United Arab Emirates - [Assistant Vice President - PMO](https://feeny.ai/job/assistant-vice-president-pmo-aldar-properties-pjsc-abu-dhabi-87d49azzds3a) — Abu Dhabi, United Arab Emirates - [Assistant Vice President – Data Science](https://feeny.ai/job/assistant-vice-president-data-science-aldar-properties-pjsc-abu-dhabi-se1b6qhe9xa0) — Abu Dhabi, United Arab Emirates - [Senior Associate – EPM](https://feeny.ai/job/senior-associate-epm-aldar-properties-pjsc-abu-dhabi-d8s6gqyhf25p) — Abu Dhabi, United Arab Emirates - [Vice President – Data Platforms](https://feeny.ai/job/vice-president-data-platforms-aldar-properties-pjsc-abu-dhabi-1n9c58frza0w) — Abu Dhabi, United Arab Emirates - [Senior Associate – Environmental](https://feeny.ai/job/senior-associate-environmental-aldar-properties-pjsc-abu-dhabi-5ghc037eg8cc) — Abu Dhabi, United Arab Emirates - [Senior Vice President – Asset Management (Retail)](https://feeny.ai/job/senior-vice-president-asset-management-retail-aldar-properties-pjsc-abu-dhabi-h04qp0f58gyq) — Abu Dhabi, United Arab Emirates - [Senior Associate - Tendering Buildings](https://feeny.ai/job/senior-associate-tendering-buildings-aldar-properties-pjsc-abu-dhabi-ar09kg6ds5a8) — Abu Dhabi, United Arab Emirates - [Assistant Vice President – Asset Management (Retail)](https://feeny.ai/job/assistant-vice-president-asset-management-retail-aldar-properties-pjsc-abu-dhabi-x1bpgas7sc6w) — Abu Dhabi, United Arab Emirates - [Assistant Vice President - Events](https://feeny.ai/job/assistant-vice-president-events-aldar-properties-pjsc-abu-dhabi-k8ckvzjn9mp2) — Abu Dhabi, United Arab Emirates