Director of Real Estate Development
6 days ago
Role Overview:
The Director of Real Estate Development will lead the planning, execution, and management of large-scale real estate projects, with a focus on mixed-use, hospitality, and high-end residential developments. This role requires a deep understanding of real estate investments, financial structuring, project management, and hospitality asset development. The ideal candidate will have a proven track record in delivering iconic developments, securing strategic partnerships, and maximizing asset value.
Key Responsibilities:
- Develop and implement real estate development strategies aligned with business objectives and Saudi Vision 2030.
- Identify, assess, and execute new investment opportunities in hospitality, luxury residential, and mixed-use developments.
- Conduct feasibility studies, financial modeling, and risk assessments for potential projects.
- Optimize investment structures, including equity, debt financing, and joint ventures.
Project Development & Execution:
- Oversee the end-to-end development lifecycle, from concept to completion, ensuring projects meet financial and operational objectives.
- Lead coordination with architects, master planners, contractors, and hospitality operators to ensure world-class design and quality.
- Secure regulatory approvals, zoning permits, and compliance with local and international real estate laws.
- Monitor project budgets, timelines, and key milestones to ensure successful execution.
Hospitality & Mixed-Use Asset Development:
- Develop and manage luxury hotels, branded residences, resorts, and commercial mixed-use properties.
- Collaborate with global hospitality brands, hotel operators, and strategic partners to enhance project value and market positioning.
- Negotiate management agreements, lease structures, and operator partnerships.
Stakeholder & Government Relations:
- Engage with government entities, regulatory bodies, and investment authorities to facilitate project approvals and incentives.
- Build and maintain relationships with investors, financial institutions, and strategic partners.
- Represent the company at industry events, conferences, and investor roadshows.
Key Requirements:
- Education: Bachelor's degree in Real Estate, Business, Finance, Architecture, or Engineering. A Master's degree (MBA/MSc) is preferred.
- Experience: Minimum 12+ years in real estate development and investment, with a strong background in hospitality, luxury real estate, and large-scale mixed-use projects.
- Market Knowledge: In-depth understanding of the Saudi Arabian real estate market, investment landscape, and regulatory framework.
- Technical Expertise:
- Strong financial modeling and investment analysis skills.
- Experience in structuring hospitality deals, joint ventures, and operator agreements.
- Knowledge of urban planning, construction management, and real estate financing.
- Skills:
- Strong leadership and stakeholder management capabilities.
- Excellent negotiation and strategic planning skills.
- Ability to drive projects from concept to completion while maximizing ROI.
- Language: Fluency in Arabic and English is preferred.
Preferred Experience:
- Experience with international hospitality brands and operators.
- Track record of delivering iconic real estate projects in Saudi Arabia or the GCC.
- Strong network within the Saudi real estate investment and development ecosystem.
Director
Employment typeFull-time
Job functionProject Management
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