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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