Real Estate Manager - Majid Al Futtaim Lifestyle - Dubai, UAE
Position Overview
The Real Estate Manager role focuses on expanding and optimizing the retail store portfolio for Majid Al Futtaim Lifestyle in Dubai and across the UAE. This position plays a critical role in identifying prime retail locations, managing lease negotiations, and supporting store openings to ensure long-term portfolio value, strong brand representation, and alignment with business growth objectives. The role works closely with the Director of Real Estate and cross-functional teams to deliver efficient, compliant, and commercially sound real estate outcomes.
Job Details
Country: UAE
City: Dubai
Industry: Real Estate
Function: Real Estate
Salary: 25000-35000 monthly (Market estimated)
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Role Summary
The Real Estate Manager is responsible for managing the end-to-end real estate lifecycle, including site selection, lease negotiations, renewals, terminations, and store openings. The role ensures that all real estate activities align with Majid Al Futtaim Lifestyle's strategic objectives, financial discipline, and brand standards while maintaining compliance with legal and regulatory requirements.
Key Responsibilities
Support the execution of the full real estate process, including site identification, evaluation, lease negotiations, renewals, terminations, and new store openings in line with approved growth plans.
Oversee the administration, validation, and maintenance of lease agreements and property documentation, coordinating closely with Legal and Insurance teams to ensure compliance and risk mitigation.
Manage risk assessments, budget control, and cost optimization related to leases, rentals, fit-outs, and property-related expenditures to drive operational efficiency.
Coordinate and track landlord communications, lease amendments, negotiation points, and approvals to ensure timely execution and effective portfolio management.
Collaborate with Operations, Marketing, Finance, Project Delivery, and Legal teams to support on-time store openings, renovations, and compliance with brand and operational standards.
Identify potential commercial or operational issues with significant economic impact and lead the development of practical, data-driven solutions.
Provide accurate data, insights, and reports on portfolio performance, recommending actions to optimize store network efficiency and returns.
Ensure all contracts and legal agreements comply with municipality regulations, government requirements, and internal governance standards.
Candidate Requirements
Bachelor's degree in Engineering, Construction Economics, Real Estate, Finance, or Business Administration.
Minimum 7 years of experience in development management or real estate roles on major retail or real estate development projects.
Strong understanding of lease structures, negotiations, and retail property economics.
Excellent communication skills in English.
Experience within the MENA property sector is highly desirable.
About the Company
Majid Al Futtaim is a leading shopping mall, retail, communities, and entertainment developer and operator across the Middle East, North Africa, and Central Asia. Through its Lifestyle business, the Group manages a diverse portfolio of international retail brands and continues to grow its presence across prime retail destinations in the region.
Job Title Real Estate Manager - Majid Al Futtaim Lifestyle - Dubai, UAE
Real Estate Manager - Majid Al Futtaim Lifestyle - Dubai, UAE
Position Overview
The Real Estate Manager role focuses on expanding and optimizing the retail store portfolio for Majid Al Futtaim Lifestyle in Dubai and across the UAE. This position plays a critical role in identifying prime retail locations, managing lease negotiations, and supporting store openings to ensure long-term portfolio value, strong brand representation, and alignment with business growth objectives. The role works closely with the Director of Real Estate and cross-functional teams to deliver efficient, compliant, and commercially sound real estate outcomes.
Job Details
Country: UAE
City: Dubai
Industry: Real Estate
Function: Real Estate
Salary: 25000-35000 monthly (Market estimated)
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Role Summary
The Real Estate Manager is responsible for managing the end-to-end real estate lifecycle, including site selection, lease negotiations, renewals, terminations, and store openings. The role ensures that all real estate activities align with Majid Al Futtaim Lifestyle's strategic objectives, financial discipline, and brand standards while maintaining compliance with legal and regulatory requirements.
Key Responsibilities
Support the execution of the full real estate process, including site identification, evaluation, lease negotiations, renewals, terminations, and new store openings in line with approved growth plans.
Oversee the administration, validation, and maintenance of lease agreements and property documentation, coordinating closely with Legal and Insurance teams to ensure compliance and risk mitigation.
Manage risk assessments, budget control, and cost optimization related to leases, rentals, fit-outs, and property-related expenditures to drive operational efficiency.
Coordinate and track landlord communications, lease amendments, negotiation points, and approvals to ensure timely execution and effective portfolio management.
Collaborate with Operations, Marketing, Finance, Project Delivery, and Legal teams to support on-time store openings, renovations, and compliance with brand and operational standards.
Identify potential commercial or operational issues with significant economic impact and lead the development of practical, data-driven solutions.
Provide accurate data, insights, and reports on portfolio performance, recommending actions to optimize store network efficiency and returns.
Ensure all contracts and legal agreements comply with municipality regulations, government requirements, and internal governance standards.
Candidate Requirements
Bachelor's degree in Engineering, Construction Economics, Real Estate, Finance, or Business Administration.
Minimum 7 years of experience in development management or real estate roles on major retail or real estate development projects.
Strong understanding of lease structures, negotiations, and retail property economics.
Excellent communication skills in English.
Experience within the MENA property sector is highly desirable.
About the Company
Majid Al Futtaim is a leading shopping mall, retail, communities, and entertainment developer and operator across the Middle East, North Africa, and Central Asia. Through its Lifestyle business, the Group manages a diverse portfolio of international retail brands and continues to grow its presence across prime retail destinations in the region.
Post Details
Job Start Date
Salary from 25000.00
Salary to 35000.00
Number of Vacancies 1
Location -
Location City Dubai
Desired Candidate's Profile
Gender No Preference
Nationality
Candidate Current Location
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