Real Estate Officer

Job description / Role

• Develop a complete understanding of the real estate market in which portfolio assets are located – current buildings and future projects included
• Given the anticipated growth of the commercial office and residential apartment portfolios, be active in the underwriting process for property investments, conducting market assessments and providing risk assessments for prospective acquisitions and proposed transactions.
• Extensive knowledge of UAE real estate market and collecting information about a property, estimating its value and then promoting it for sale or lease
• Identifying an attractive development opportunity.
• Interprets maps and building plans, makes field inspection, and prepares detailed reports thereon.
• Prepares necessary agreements and contracts; negotiates with owners and their representatives, attorneys, and public agencies for the purchase, lease or sale of property.
• Prepare and maintain financial & viability assessments.
• Attracts tenants by advertising vacancies; obtaining referrals from current tenants; explaining advantages of location and services; showing units.
• Prepare annual budgets and income projections in a timely and accurate manner.
• Ensure all administrative paperwork is accurate, complete and submitted on a timely basis.
• Administers leases, analyzes lease clauses, prepares vacancy reports, enforces tenant compliance and performs landlord obligations. Interfaces with leasing representatives and brokers to assure spaces are leased/re-leased effectively.
• Bids work for capital expenditures; keeps accurate records of current building conditions including roof, HVAC, utilities, and special circumstances.
• Engage contractors, contract for services, supervises work, and approves invoices for all goods/services required to maintain the properties up to company and owner standards.
• Negotiating and obtaining planning permission and licenses and keeping up-to-date of general industry developments and building regulations.
• Ensuring that health and safety requirements are satisfied.

Requirements

• Must be fluent in Arabic
• Experience in Real Estate industry
• Knowledge in Abu Dhabi and Dubai market
• Must have Real Estate certifications
• Must have experience in Residential and Commercial Properties

About the Company

Black Pearl is a human resources and recruitment agency that provides a holistic business and talent solution in a progressive, dynamic, and efficient way.

We pride ourselves as a unique black pearl and strive to delight our clients with a personalized partnership that helps them propel towards success.

Whether you need to find top talent, your next great job opportunity, or a consulting solution for managing your business, engaging employees, evolving your work culture, planning your people strategy, or resourcing challenges, we can help.