Project Director - Job Opportunity at Al-Futtaim Group Real Estate

Dubai, United Arab Emirates
Full-time
Executive
Posted: January 24, 2025
On-site
AED 720,000 - 1,200,000 per year (USD 196,000 - 327,000) based on role scope and regional market rates

Benefits

Competitive leadership compensation package aligned with GCC market standards
Career advancement in a major regional conglomerate
Exposure to billion-dollar projects
Professional development opportunities through complex project management

Key Responsibilities

Strategic leadership of AED 1B+ construction portfolio
Executive stakeholder management and client relationship development
P&L responsibility for major construction projects
Multidisciplinary team leadership and development
Risk and compliance management for large-scale developments
Contract negotiation and financial performance optimization

Requirements

Education

Bachelor's and/or master's degree in engineering, Construction, Business Management, or a related field

Experience

Minimum of 20 years of experience in the construction industry, with at least 12 years in a senior managerial role

Required Skills

Proven track record of delivering large-scale projects valued at AED 1 billion or more Extensive experience working with tier-1 main contractors in Dubai and GCC region Strong programme management skills Expertise in financial management Proficient in contract administration Risk management expertise Legal advisory knowledge
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Sauge AI Market Intelligence

Industry Trends

GCC construction sector experiencing significant growth with focus on sustainable and smart development projects Increased emphasis on technological integration in construction management requiring digital transformation leadership Rising importance of ESG compliance in major development projects Growing preference for integrated development approaches combining residential, commercial, and retail spaces

Role Significance

Leading multiple project teams with likely oversight of 100+ personnel across various disciplines
C-suite level position with direct impact on organizational success and project portfolio performance

Key Projects

High-rise luxury towers Mixed-use developments Large-scale residential communities Commercial complexes

Success Factors

Strong understanding of GCC construction market dynamics and regulatory environment Proven ability to manage multiple billion-dollar projects simultaneously Excellence in stakeholder management across cultural contexts Strategic financial acumen with focus on profitability optimization

Market Demand

High demand for experienced project directors in GCC region due to continuing infrastructure development and mega-projects

Important Skills

Critical Skills

Strategic project planning abilities for complex, large-scale developments Advanced financial management skills for billion-dollar project oversight Strong negotiation capabilities for high-stakes stakeholder management Cultural intelligence for managing diverse teams in GCC context

Beneficial Skills

Digital transformation leadership Sustainable development expertise Smart city infrastructure knowledge Innovation management capabilities

Unique Aspects

Opportunity to shape major developments in Dubai's evolving skyline
Access to diverse project portfolio across multiple sectors
Integration of traditional business values with modern development practices

Career Growth

2-4 years in role before progression to higher executive positions, depending on project success and organizational growth

Potential Next Roles

Chief Operating Officer Chief Executive Officer - Construction Division Regional Development Director Managing Director of Real Estate Development

Company Overview

Al-Futtaim Group Real Estate

Al-Futtaim Group is one of the largest diversified business conglomerates in the Middle East, with significant presence across automotive, retail, real estate, and financial services sectors

Leading private sector organization in UAE with strong regional presence and international partnerships
Major player in Middle East, Asia, and Africa with operations in over 20 countries
Professional corporate environment with emphasis on excellence and innovation, balanced with traditional business values
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