---
title: 'Vice President – Asset Management (Commercial) at Aldar Properties PJSC'
canonical: 'https://feeny.ai/job/vice-president-asset-management-commercial-aldar-properties-pjsc-abu-dhabi-7cwkmtz8b1wm'
type: 'job'
last_seen: '2026-10-25'
---

# Vice President – Asset Management (Commercial) at Aldar Properties PJSC

- **Company:** Aldar Properties PJSC
- **Location:** Abu Dhabi, United Arab Emirates
- **Work type:** onsite
- **Posted:** 2026-07-27
- **Last confirmed live:** 2026-10-25
- **Apply:** https://jobs.lever.co/aldar/8ceda84e-e690-48cc-b9a6-7f7c30e65813

## Job description

## 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 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

- [Assistant Vice Present - PMO](https://feeny.ai/job/assistant-vice-present-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
- [Vice President - Wealth](https://feeny.ai/job/vice-president-wealth-aldar-properties-pjsc-dubai-r6x905gtksxs) — Dubai, United Arab Emirates