Commercial Director - (Branded Residences Development)
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Key skills for this role
About the Role
A leading real estate developer seeks a Commercial Director to oversee all commercial and contractual aspects of a luxury branded residences development in Dubai.
Key Skills for This Role
Responsibilities
- Lead the commercial function from pre construction through project handover
- Develop and implement commercial strategies to maximise value and control costs
- Manage procurement, tendering, contract negotiations, and contractor selection
- Oversee project budgets, cost planning, cash flow forecasting, and financial reporting
- Administer construction contracts, variations, claims, and dispute resolution
- Drive commercial risk management and ensure contractual compliance
- Lead quantity surveying, valuations, final accounts, and cost control processes
- Manage and mentor the commercial team while collaborating with consultants, contractors, and stakeholders
Requirements
- Bachelor's degree in Quantity Surveying, Construction Management, Engineering, or related field
- Minimum 15+ years of commercial management experience in real estate development
- Proven track record managing commercial functions for high end residential and/or hospitality projects in the UAE or GCC region
- Extensive experience with branded residences or luxury hotel developments
- Expert knowledge of construction contracts (FIDIC, JCT, or similar)
- Demonstrated experience managing project budgets exceeding AED 500 million
- Thorough understanding of the UAE construction market, procurement practices, and contractual frameworks
- Strong financial and commercial acumen
- Fluency in English (written and verbal)
- MRICS/RICS Chartered or equivalent professional qualification (highly preferred)
- Experience with Fairmont or other luxury hospitality brands (highly preferred)
- Experience on waterfront or island developments (highly preferred)
Full Job Posting
About the Role
- We are partnering with a leading real estate developer to appoint an experienced Commercial Director for a prestigious luxury branded residences development in the UAE. This is a strategic leadership opportunity to oversee all commercial and contractual aspects of a landmark waterfront project.
Key Responsibilities
- Lead the commercial function from pre construction through project handover.
- Develop and implement commercial strategies to maximise value and control costs.
- Manage procurement, tendering, contract negotiations, and contractor selection.
- Oversee project budgets, cost planning, cash flow forecasting, and financial reporting.
- Administer construction contracts, variations, claims, and dispute resolution.
- Drive commercial risk management and ensure contractual compliance.
- Lead quantity surveying, valuations, final accounts, and cost control processes.
- Manage and mentor the commercial team while collaborating with consultants, contractors, and stakeholders.
Required Qualifications and Experience
- Bachelor’s degree in Quantity Surveying, Construction Management, Engineering, or related field
- Minimum 15+ years of commercial management experience in real estate development
- Proven track record managing commercial functions for high end residential and/or hospitality projects in the UAE or GCC region
- Extensive experience with branded residences or luxury hotel developments
- Strong understanding of procurement processes for developments with hospitality operators (Fairmont or similar luxury brands)
- Expert knowledge of construction contracts (FIDIC, JCT, or similar)
- Demonstrated experience managing project budgets exceeding AED 500 million
- Thorough understanding of the UAE construction market, procurement practices, and contractual frameworks
- Strong financial and commercial acumen
- Fluency in English (written and verbal)
Highly Preferred Qualifications
- MRICS/RICS Chartered or equivalent professional qualification.
- Experience with Fairmont or other luxury hospitality brands.
- Experience on waterfront or island developments.
- Knowledge of hospitality FF&E and OS&E procurement.
What We Offer
- Lead the commercial delivery of a prestigious luxury branded residences development.
- Competitive salary and comprehensive benefits package.
- Career defining leadership opportunity with a leading developer.
- Collaborative, high performing project environment.
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