🏢 We're Hiring: Real Estate Manager
📍 Location: United Arab Emirates (Remote)
🕒 Employment Type: Full-Time
💼 Experience Level: Mid-Level to Senior-Level
🌐 Work Arrangement: Fully Remote
About Us
We are a property and investment-focused organization committed to maximizing the performance, value, and long-term sustainability of real estate assets.
Our teams collaborate across Real Estate, Property Management, Asset Management, Leasing, Investment, Finance, Legal, Development, Facilities, Operations, and Marketing to deliver strong occupancy, revenue growth, asset performance, tenant satisfaction, and investment outcomes.
The Role
We are seeking an experienced Real Estate Manager to oversee real estate assets, property operations, leasing performance, asset utilization, tenant relationships, financial performance, and real estate initiatives.
The successful candidate will manage the commercial and operational performance of assigned properties, develop asset strategies, monitor market conditions, coordinate leasing and property-management activities, and identify opportunities to improve occupancy, rental income, asset value, and investment returns.
Key Responsibilities
- Lead the day-to-day management of assigned real estate assets and properties.
- Develop and implement real estate strategies aligned with organizational and investment objectives.
- Manage property portfolios across residential, commercial, retail, office, industrial, or mixed-use assets as applicable.
- Monitor overall property performance, occupancy, rental income, operating costs, tenant satisfaction, and asset condition.
- Develop annual property and asset-management plans.
- Establish property-level budgets, targets, and performance objectives.
- Monitor performance against approved business plans and budgets.
- Identify opportunities to increase asset value, income, occupancy, and operational efficiency.
- Conduct regular property and market-performance reviews.
- Analyze local real estate market conditions, rental trends, supply and demand, vacancy levels, competing properties, and development activity.
- Conduct market benchmarking for rental rates, occupancy, operating expenses, and property performance.
- Provide recommendations regarding rental pricing, tenant mix, incentives, capital expenditure, property improvements, and asset strategy.
- Monitor real estate market trends and identify emerging opportunities and risks.
- Lead leasing strategies for assigned properties.
- Monitor vacant units, available space, lease expiries, renewal opportunities, and tenant demand.
- Work with Leasing teams to maximize occupancy and rental income.
- Review leasing performance and conversion metrics.
- Approve or recommend rental rates, incentives, lease terms, and commercial conditions within delegated authority.
- Monitor tenant retention and renewal performance.
- Develop strategies to reduce vacancy and improve lease renewal rates.
- Manage relationships with key tenants, corporate occupiers, investors, owners, brokers, agents, and other stakeholders.
- Handle significant tenant and landlord escalations.
- Support negotiations involving high-value leases, renewals, amendments, assignments, and other property transactions.
- Coordinate with Legal regarding lease agreements, disputes, terminations, renewals, and contractual matters.
- Ensure property agreements and documentation are appropriately maintained.
- Monitor tenant compliance with lease obligations.
- Coordinate with Property Management teams to ensure properties are operated effectively.
- Monitor property maintenance, repairs, cleaning, security, utilities, access, and other operational requirements.
- Ensure properties are maintained to appropriate standards.
- Review service-provider performance and property-management contracts.
- Monitor property operating costs and identify opportunities for efficiency.
- Coordinate with Facilities teams regarding planned and reactive maintenance.
- Monitor critical building systems and operational risks.
- Ensure property issues that could affect tenant satisfaction, occupancy, safety, or asset value are escalated promptly.
- Coordinate property inspections and condition assessments.
- Identify capital expenditure and refurbishment requirements.
- Develop recommendations for property upgrades, renovations, modernization, and repositioning.
- Prepare business cases for capital projects.
- Monitor approved capital-expenditure projects, budgets, timelines, quality, and outcomes.
- Coordinate with Development, Project Management, Engineering, Facilities, and contractors on property improvement projects.
- Assess the financial and operational impact of proposed property improvements.
- Support redevelopment, repositioning, expansion, acquisition, disposal, or refurbishment initiatives.
- Monitor property financial performance.
- Develop and manage annual operating budgets and forecasts.
- Track rental income, operating expenses, service charges, capital expenditure, and net operating income.
- Analyze budget variances and develop corrective actions.
- Monitor property-level cash flow and financial performance.
- Work with Finance to ensure accurate property accounting and reporting.
- Review rental collections, arrears, deposits, incentives, and outstanding balances.
- Coordinate with Finance and Collections teams on significant tenant payment issues.
- Identify opportunities to improve cash flow and collection performance.
- Prepare property financial forecasts and long-term projections.
- Support investment analysis and valuation activities.
- Analyze property returns, yield, capitalization rates, net operating income, occupancy, rental growth, and other relevant investment metrics.
- Support property valuations and provide operational and market information to valuation professionals.
- Monitor asset performance against investment objectives and benchmarks.
- Identify underperforming assets and develop improvement plans.
- Support acquisition and disposal activities.
- Conduct preliminary market and property analysis for potential acquisitions.
- Review property information, tenant schedules, rental income, operating expenses, occupancy, lease structures, and market conditions.
- Support due-diligence activities for potential acquisitions.
- Coordinate with Legal, Finance, Investment, Technical, and external advisors during transactions.
- Support negotiations with sellers, buyers, investors, landlords, tenants, brokers, and other counterparties.
- Monitor transaction milestones and required documentation.
- Support property disposal strategies and marketing initiatives where applicable.
- Maintain relationships with real estate brokers, agents, consultants, valuers, property managers, contractors, and service providers.
- Evaluate third-party service-provider performance.
- Negotiate service agreements and commercial arrangements within delegated authority.
- Monitor commissions, fees, service levels, and contractual obligations.
- Ensure external providers meet agreed performance standards.
Key Performance Indicators (KPIs)
Performance will be measured through a combination of financial, operational, leasing, asset, and tenant KPIs, including:
- Occupancy rate
- Vacancy rate
- Rental income
- Rental-income growth
- Net Operating Income (NOI)
- NOI growth
- Rental collection rate
- Days vacant
- Lease renewal rate
- Tenant retention rate
- Average rental rate
- Rent versus market benchmark
- Property operating-cost variance
- Operating expense ratio
- Capital-expenditure performance
- Budget variance
- Asset value growth
- Investment return
- Property yield
- Tenant satisfaction
- Tenant complaint-resolution time
- Property-maintenance SLA performance
- Service-provider performance
- Lease-expiry management
- Regulatory compliance
- Property-risk remediation
- Portfolio performance versus budget
Candidate Profile
The successful candidate should have experience in real estate management, property management, asset management, leasing, real estate investment, commercial property, or a closely related discipline.
This role is suitable for a commercially minded real estate professional who can combine property operations, financial analysis, leasing, stakeholder management, and asset-performance capabilities.
What You'll Bring
- Previous experience in real estate, property management, asset management, leasing, or real estate investment.
- Proven experience managing properties or real estate portfolios.
- Strong knowledge of property operations and leasing processes.
- Understanding of real estate financial performance and investment metrics.
- Experience managing budgets, forecasts, operating expenses, and capital expenditure.
- Strong understanding of occupancy, rental income, NOI, yields, and property valuation concepts.
- Experience negotiating leases and commercial property agreements.
- Strong market-analysis and property-research capabilities.
- Excellent negotiation and stakeholder-management skills.
- Experience managing tenants, brokers, agents, contractors, consultants, and service providers.
- Strong understanding of property maintenance and facilities-management requirements.
- Experience with property acquisitions, disposals, development, refurbishment, or repositioning is advantageous.
- Strong analytical and numerical skills.
- Advanced Microsoft Excel skills.
- Experience with property-management, ERP, CRM, or asset-management systems.
- Experience with Power BI, Tableau, or other business-intelligence tools is advantageous.
- Strong understanding of property-related legal and regulatory requirements.
- Knowledge of UAE real estate and property regulations is highly desirable.
- Experience with UAE/GCC real estate markets is highly desirable.
- Strong leadership and team-management capabilities.
- Excellent communication and presentation skills.
- Strong commercial judgment and problem-solving abilities.
- Ability to work independently and effectively within a fully remote environment.
- Relevant degree in Real Estate, Property Management, Business Administration, Finance, Economics, Engineering, or a related discipline.
- Professional qualifications in real estate, property management, valuation, asset management, or investment are advantageous.
- Arabic language proficiency is advantageous.