DAMAC Properties

Manager-Retail Leasing

Dubai, UAEPosted 5 days ago

Salary
AED 20k–50k a month· Michael Page
Job type
Full time
Level
Lead
Field
Real Estate & Property
Work mode
On site

About the role

Key Responsibilities Leasing & Business Development • Develop and implement leasing strategies to achieve occupancy and revenue targets. • Identify and secure prospective tenants through direct marketing, networking, and broker relationships. • Conduct property viewings and presentations for prospective tenants. • Negotiate lease terms, renewals, and amendments in line with company policies. • Prepare and review lease agreements and supporting documentation. Tenant Relationship Management • Build and maintain strong relationships with existing and prospective tenants. • Address tenant enquiries and coordinate with relevant departments to resolve issues promptly. • Manage lease renewals, rent reviews, and tenant retention initiatives. • Ensure high levels of tenant satisfaction and service delivery. Financial Management • Monitor rental income and occupancy levels. • Recommend rental rates based on market analysis and property performance. • Prepare leasing budgets, forecasts, and periodic performance reports. • Coordinate with the finance team regarding invoicing, payments, and outstanding receivables. Market Research • Monitor market trends, competitor activity, and rental rates. • Conduct market research to identify new leasing opportunities. • Recommend strategies to improve occupancy and profitability. Administration & Compliance • Maintain accurate leasing records and documentation. • Ensure all lease agreements comply with applicable laws and company policies. • Prepare regular leasing reports for management. • Coordinate with legal teams regarding lease documentation and disputes when required. Team Management • Supervise and mentor leasing executives and leasing coordinators. • Set performance objectives and monitor team productivity. • Provide training and guidance to improve leasing effectiveness. Qualifications • Bachelor's degree in Business Administration, Real Estate, Property Management, Marketing, or a related field. • Professional certifications in real estate or property management are an advantage. Experience • 3–5 years of leasing or property management experience. • At least 2 years in a supervisory or managerial role. • Experience managing commercial, residential, or mixed-use property portfolios is preferred. Skills & Competencies • Strong negotiation and sales skills. • Excellent communication and interpersonal abilities. • Knowledge of leasing practices, contracts, and property regulations. • Financial and commercial acumen. • Strong analytical and problem-solving skills. • Proficiency in Microsoft Office and property management software. • Ability to manage multiple priorities and meet deadlines. • Strong leadership and team management skills.

Requirements

Bachelor's degree in Business Administration, Real Estate, Property Management, Marketing, or a related field. Professional certifications in real estate or property management are an advantage. 3–5 years of leasing or property management experience. At least 2 years in a supervisory or managerial role. Experience managing commercial, residential, or mixed-use property portfolios is preferred.

Responsibilities

  • Leasing & Business Development: Develop and implement leasing strategies to achieve occupancy and revenue targets; Identify and secure prospective tenants through direct marketing, networking, and broker relationships; Conduct property viewings and presentations for prospective tenants; Negotiate lease terms, renewals, and amendments in line with company policies; Prepare and review lease agreements and supporting documentation.
  • Tenant Relationship Management: Build and maintain strong relationships with existing and prospective tenants; Address tenant enquiries and coordinate with relevant departments to resolve issues promptly; Manage lease renewals, rent reviews, and tenant retention initiatives; Ensure high levels of tenant satisfaction and service delivery.
  • Financial Management: Monitor rental income and occupancy levels; Recommend rental rates based on market analysis and property performance; Prepare leasing budgets, forecasts, and periodic performance reports; Coordinate with the finance team regarding invoicing, payments, and outstanding receivables.
  • Market Research: Monitor market trends, competitor activity, and rental rates; Conduct market research to identify new leasing opportunities; Recommend strategies to improve occupancy and profitability.
  • Administration & Compliance: Maintain accurate leasing records and documentation; Ensure all lease agreements comply with applicable laws and company policies; Prepare regular leasing reports for management; Coordinate with legal teams regarding lease documentation and disputes when required.
  • Team Management: Supervise and mentor leasing executives and leasing coordinators; Set performance objectives and monitor team productivity; Provide training and guidance to improve leasing effectiveness.

Skills

  • Negotiation
  • Sales
  • Tenant relations
  • Lease administration
  • Market analysis
  • Property management software
  • Microsoft Office
  • Financial analysis
  • Budgeting
  • Leadership
  • Team management
  • Contract knowledge
  • Communication
  • Problem-solving

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AED 20k–50k a month· Michael Page

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