Real Estate Manager

Real Estate Manager

Looking for a real estate manager for an established real estate company.

Responsibilities:

1. Property Management: Manage the day-to-day operations of residential, commercial, or mixed-use properties.

• Oversee the maintenance, repair, and renovation of properties.
• Ensure all properties comply with local standards for safety, cleanliness, and operational efficiency.
• Address tenant concerns and ensure tenant satisfaction, handling disputes and complaints.

• Negotiate and manage lease agreements, renewals, and tenant occupancy terms.
• Ensure the timely collection of rent and manage arrears.
• Review and enforce lease terms, including rent escalations and compliance with the UAE tenancy law.

• Develop, manage, and monitor budgets for properties, ensuring profitability and financial performance.
• Manage the purchase, sale, rental, or development of properties.
• Monitor real estate income and expenditure, as well as collecting payments.
• Determine rental income and negotiate lease agreements.
• Authorize maintenance, repair, equipment, and supply expenditure.
• Negotiate contracts with vendors, suppliers, and contractors.
• Oversee property-related expenses, including maintenance costs, utilities, and service charges.
• Analyze and provide financial reports to owners, including ROI analysis, cash flow management, and capital expenditures.

• Conduct market research to understand trends, market values, and rental demand.
• Stay updated on property market developments and changes in real estate law and regulations.
• Advise clients or the company on the best investment opportunities based on market conditions.

• Ensure all properties comply with UAE local laws and regulations, such as tenancy law, commercial lease regulations, and property registration processes.
• Manage risk by reviewing insurance policies and ensuring proper coverage.
• Handle legal disputes, liaising with legal head when needed to resolve issues related to properties or tenants.

• Develop and maintain good relationships with tenants, ensuring high occupancy rates.
• Oversee and coordinate property inspections and maintenance schedules.
• Manage the process of tenant move-ins and move-outs, ensuring a smooth transition for all parties.

• Supervise and manage a team of property managers, leasing agents, and administrative staff.
• Coordinate with vendors, contractors, and suppliers to ensure the upkeep of properties.

Requirements:

• Familiarity with the UAE's real estate regulations, including the Dubai Land Department rules, RERA (Real Estate Regulatory Agency) guidelines, and tenancy laws.
• Knowledge of property registration processes, visa and sponsorship regulations for expatriates, and rental contract requirements in the UAE.
• Strong background in managing both commercial and residential properties in the UAE, including day-to-day operations and tenant relations.
• Proficiency in property budgeting, financial analysis, and cost control. Experience in managing financial reports and understanding profit margins and ROI in the UAE’s real estate market.
• Strong ability to negotiate lease terms, rent rates, and renewals, taking into account market conditions and legal constraints in the UAE.
• Ability to analyze market trends, property values, and rent rates specific to the UAE’s real estate sector.
• Excellent communication skills, both written and verbal, to interact with tenants, landlords, government agencies, and contractors.
• Ability to manage property upgrades, renovations, and development projects from start to finish, ensuring quality and timeliness.
• Ability to resolve tenant issues, maintenance concerns, and property-related challenges quickly and efficiently.
• Familiarity with real estate platforms commonly used in the UAE, such as Bayut, Property Finder, and CRM systems.
• Proficiency in MS Office tools, especially Excel for financial analysis.

Additional Qualifications:

• Education: A bachelor’s degree in a relevant field.
• Certifications: RERA certification will be an added advantage.
• Experience: Minimum 5 years of UAE experience in property management, real estate operations, or related roles in the UAE market.

Salary: Negotiable

Job Types: Full-time, Permanent

Application Questions:

• Do you have RERA certification?
• Are you available to join immediately?

Experience:

• UAE Real Estate Manager: 5 years (Required)

License/Certification:

• Driving License (Required)

Application Deadline: 03/01/2025