--- title: 'Vice President - Development at Aldar Properties PJSC' canonical: 'https://feeny.ai/job/vice-president-development-aldar-properties-pjsc-abu-dhabi-vrrcsfbc030e' type: 'job' last_seen: '2026-09-07' --- # Vice President - Development at Aldar Properties PJSC - **Company:** Aldar Properties PJSC - **Location:** Abu Dhabi, United Arab Emirates - **Work type:** onsite - **Posted:** 2024-06-27 - **Last confirmed live:** 2026-09-07 - **Apply:** https://jobs.lever.co/aldar/3ae12fc1-b012-4705-8290-0ff0ee403cae ## Job description ## JOB PURPOSE Perform and assist in the managing of development projects activities from inception to completion which involves co-ordination of multi-disciplinary internal and external consultants and stakeholders to achieve the required project deliverables as directed by the line manager. This role is for UAE National only. ## ROLES AND RESPONSIBILITIES •Assist in managing business development activities for land, residential retail and mixed-use assets as directed by the line manager. -Support in identifying new own developments opportunities. -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 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. -Liaise with Partnerships & Investments and other relevant functions on feasibility studies. •Develop feasibility study on owned land, in conjunction with the line manager: -Recommend allocation of specific assets by segment on land plots. -Recommend land phasing plan. -Recommend in input to the pricing of land plots based on price benchmark of comparable land plots. -Research and Recommend unit cost by land plot. -Perform infrastructure costing in coordination with Operations. -Perform high level cost breakdown of infrastructure (recoverable versus non recoverable costs). -Develop financial model and feasibility studies and liaise with Investment Analysis and other relevant functions on feasibility study. -Review the Delivery team progress and report on progress of the delivery and the timely handing over of government related assets to reduce O+M costs and land costs. •Review and Report on pre-concept test fit, concept master plan and detailed master plan managed and developed by the master planning function. •Review, update, report and recommend on the allocated land bank from inception, design, delivery of infrastructure, authority handovers, sales and development on land plots. •Use market intelligence reports to recommend land use requirements for master plans, matching supply with demand. •Use market reports and media publication to identify trends in Development products related to lifestyle and recommend land use and products that can overall enhance the project attractiveness and profitability. •Review and update development manager on schedules for land development in conjunction with Delivery and Controls. •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 deciding on refined commercial strategy based on recommendation from Commercial (e.g., pricing, sales phasing, 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. ## QUALIFICATIONS & EXPERIENCE ## RELATED YEARS OF EXPERIENCE: A minimum of 10 years of development management experience in managing the development of large residential and retail real estate assets of over AED 500 million in value. ## FIELD OF EXPERIENCE: Real estate development. ## 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(S): •Bachelor’s degree in real estate, land economics, property valuation, architecture, or engineering. ## 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 - [Associate – Asset Management (Residential/Commercial)](https://feeny.ai/job/associate-asset-management-residential-commercial-aldar-properties-pjsc-abu-6csgw1ecakh5) — Abu Dhabi, United Arab Emirates - [Assistant Vice President – Financial Planning & Analysis](https://feeny.ai/job/assistant-vice-president-financial-planning-analysis-aldar-properties-pjsc-abu-hzw26s8wctk4) — Abu Dhabi, United Arab Emirates - [Assistant Vice President - Wealth Management](https://feeny.ai/job/assistant-vice-president-wealth-management-aldar-properties-pjsc-dubai-wpnftfe6naq4) — Dubai, United Arab Emirates - [Senior Accountant - Financial Reporting](https://feeny.ai/job/senior-accountant-financial-reporting-aldar-properties-pjsc-abu-dhabi-ykszwvmhcnk9) — Abu Dhabi, United Arab Emirates - [Associate Director – Commercial Assurance](https://feeny.ai/job/associate-director-commercial-assurance-aldar-properties-pjsc-abu-dhabi-0td1t2009y80) — Abu Dhabi, United Arab Emirates - [Associate Director - D Sell Portfolio Management](https://feeny.ai/job/associate-director-d-sell-portfolio-management-aldar-properties-pjsc-abu-dhabi-xwsb5p2yayj4) — Abu Dhabi, United Arab Emirates - [Executive Director - Design Management](https://feeny.ai/job/executive-director-design-management-aldar-properties-pjsc-abu-dhabi-cb72y8e1rbcj) — Abu Dhabi, United Arab Emirates - [Director – Design Planning & Services](https://feeny.ai/job/director-design-planning-services-aldar-properties-pjsc-abu-dhabi-q2d0k8gk2dxb) — Abu Dhabi, United Arab Emirates - [Assistant Vice President – Financial Crime Compliance](https://feeny.ai/job/assistant-vice-president-financial-crime-compliance-aldar-properties-pjsc-abu-rdg5z6pmtv3g) — Abu Dhabi, United Arab Emirates - [Senior Associate - Product Management](https://feeny.ai/job/senior-associate-product-management-aldar-properties-pjsc-abu-dhabi-7tf1d1cv37f1) — Abu Dhabi, United Arab Emirates