Real Estate
Al-Futtaim Group Real Estate (AFGRE) is responsible for the development and operations of Al-Futtaim’s real estate businesses across the Middle East and North Africa which includes:Dubai Festival City, a 520 hectare waterfront mixed use community, opened in 2005.Cairo Festival City, a 290 hectare mixed use development, opened in DeceMDer 2013. .Doha Festival City, comprising 433,847 sq m (land) + 250,000 sq m (GLA), IKEA opened in March 2013.
Under Development:
* Al Diriyah Festival City, Riyadh, Saudi Arabia: 260,000 sq m
* Muscat Festival City, Oman: 100,000 sq m
* Casablanca Festival City, Morocco: 120,000 sq m
Al-Futtaim Real Estate
Al-Futtaim Real Estate offers comprehensive services from selection of site and feasibility studies to construction and property management. The range of properties administered and leased in the UAE includes warehouses, showrooms, workshops, offices, villas and apartment buildings. Al Futtaim's warehousing complex at Rashidia in Dubai, measuring over one million square feet, is by far the largest owned by any company in the Gulf. This is used as a central warehouse for the group, stocking vast quantities of electronic goods, automobiles, commercial vehicles, heavy equipment and inventories of spare parts. The company also has some 200,000 square feet of showroom space and 600,000 square feet of workshops in Dubai, Abu Dhabi, Fujairah, Sharjah, Ajman and Umm Al Quwain. Among the largest of these are the showrooms of Al Futtaim Panatech and Al Futtaim Motors in Dubai.
Residential properties in Dubai owned by Al Futtaim Real Estate, include some 900 apartments and villas like Al Garhoud, Safa village and Al Hamriya Villa Compounds, Dar Al Muteena, Dar Al Buteen, Dar Al Buteen II, Dar Al Khabeesi, and Dar Al Muragabat. These properties are characterised by a high standard of accommodation and leisure facilities. In keeping with the economic growth of the United Arab Emirates and Dubai, it is envisaged that Al-Futtaim Real Estate will concentrate its efforts and resources towards the development of prestigious real estate complexes to supplement the growing demand for commercial and residential properties. The Project Manager is a key member of the Al Futtaim Real Estate Development team that is responsible for the conception, development and construction of a number of projects throughout Dubai and the Northern Emirates. The main objective of this role will be to successfully help the Senior Project Managers to oversee and ensure delivery on a mixed-portfolio commercial, residential and retail assets.
These projects are in various stages of completion and operation from new build, through to part-completion and refurbishment and the Project Manager will be responsible for ensuring that all projects are running cost effectively and within budget and on schedule for completion.
Key responsibilities will include ensuring project delivery; conducting site visits; identification of potential development project risk and implementing a risk mitigation strategy; monitoring costs; undertaking regular value engineering exercises; participating in the evaluation of suitable Consultants and Contractors, etc.
This role reports into the Senior Project Manager and will be based out of Festival City, Dubai.A Bachelor's Degree in Construction, Civil Engineering or related field is a must.
This chosen candidate will have broad technical knowledge across a variety of industry sectors including commercial, residential and retail with atleast 5 years of relavant work experience in construction project management within a client-side, contracting or consulting organisation. Leadership experience of 3 years is required for this role. Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.
The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.
The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility. |