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Vice President, Development Residential

12-15 Years
  • Posted 9 hours ago
  • Be among the first 10 applicants

Job Description

BUSINESS INTRODUCTION

Majid Al Futtaim Holding is the leading shopping mall, retail, communities, entertainment developer and operator in the Middle East, North Africa, and Central Asia regions. With over 43,000 people, revenues of over US$ 11 Billion, and operations in 18 countries. Some of the iconic brands we carry include Mall of the Emirates, Carrefour, All Saints, Lego, City Center, Abercrombie & Fitch, & Vox Cinemas. We believe in making Great Moments for Everyone, Every day.

JOB TITLE

Vice President, Development – Residential | MAF Properties | Egypt Portfolio

ROLE SUMMARY

The VP Development – Residential is responsible for leading the end-to-end development lifecycle of community-focused developments within DBU. The role oversees the planning, design, approvals, construction, and delivery of developments to world-class standards, ensuring a balance between customer desirability, commercial performance, and operational sustainability.

ROLE PROFILE

  • Lead the vision, feasibility studies, and master planning of new community developments aligned with market demand and MAF's long-term strategy.
  • Oversee the full development lifecycle, from land due diligence and planning through to project delivery and handover.
  • Manage design, engineering, infrastructure, and project phasing while coordinating with internal and external stakeholders.
  • Develop business cases, financial models, ROI projections, and ensure projects meet budget, profitability, and delivery targets.
  • Drive stakeholder management by working closely with investment, design, legal, sales, operations, consultants, contractors, and government authorities.
  • Ensure timely permits, regulatory approvals, community engagement, and effective risk and contract management.
  • Integrate sustainability, placemaking, digital infrastructure, and customer-centric principles to create livable, long-term community assets.
  • Lead cross-functional teams and consultants, fostering collaboration while mentoring team members to deliver large-scale master-planned developments successfully.

REQUIREMENTS

  • Bachelor's degree in Real Estate Development, Urban Planning, Civil Engineering, or a related field; Master's degree, MBA, or Project Management qualification preferred.
  • 12-15 years of experience in real estate or community development, including at least 5 years in a senior project, development, or delivery leadership role.
  • Proven experience managing large-scale residential, mixed-use, or master-planned community developments, preferably within the MENA region.
  • Strong commercial and strategic mindset with the ability to drive project value, financial performance, and business objectives.
  • Excellent stakeholder management and communication skills, with experience engaging internal teams, consultants, contractors, and government authorities.
  • Detail-oriented, customer-focused, decisive, and resilient leader capable of managing complex projects and delivering results under pressure.

WHAT WE OFFER

  • At Majid Al Futtaim, we're on a mission to create great moments, to spread happiness, to build, experiences that stay in our memories for a lifetime. We're proud to say that over the past 27 years, we have built a reputation as a regional market leader in what we do. Join us!
  • Work in a friendly environment, where everyone shares positive vibes and excited about our future.
  • Work with over 45,000 diverse and talented colleagues, all guided by our Leadership Model.

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About Company

Job ID: 151784775

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