Urban Development Manager Land valuation📣 Job Ad

About Khatib & Alami

Khatib & Alami is seeking an Urban Development Manager Land Valuation to join their team in Jeddah, Makkah, Saudi Arabia. This full-time role is central to leading and overseeing land and development valuation activities across the company's portfolio.

Role Purpose and Impact

The primary objective of this position is to ensure the delivery of accurate, independent, and defensible valuation assessments. These assessments are crucial for supporting strategic planning, financial reporting, investment decisions, transactions, and effective portfolio management within the organization.

Core Responsibilities

• Lead and manage masterplan, plot level, package level, and transactional land valuation exercises across the portfolio.
• Support asset value optimization and investment decision-making through robust valuation analysis and market intelligence.
• Coordinate with internal stakeholders, external valuation consultants, auditors, financial advisors, and regulatory authorities to ensure effective delivery of valuation assignments.
• Ensure compliance with applicable valuation standards, including RICS, IVS, and Taqeem requirements, as well as internal governance frameworks.
• Review and challenge valuation assumptions, methodologies, market evidence, and valuation conclusions to ensure credible, transparent, and auditable outcomes.
• Support annual valuation exercises, financial reporting requirements, impairment assessments, business planning, and transaction-related activities.
• Provide valuation insights to support land monetization strategies, development phasing, joint ventures, public-private partnerships, and investment cases.
• Monitor market trends, comparable transactions, and macroeconomic factors that may impact land and real estate values.

Candidate Profile

Candidates for this role should possess 5 to 10 years of relevant experience in land and development valuation. A strong understanding of valuation principles, methodologies, and market dynamics is essential for success in this position.

Professional Standards and Market Analysis

The role requires a commitment to upholding professional valuation standards, including RICS, IVS, and Taqeem requirements, alongside adherence to internal governance frameworks. The successful candidate will also be adept at monitoring market trends, comparable transactions, and macroeconomic factors to inform valuation assessments and provide strategic insights.

Work Setting

This is a full-time position based in Jeddah, Makkah. The role involves working collaboratively with various internal and external stakeholders, including consultants, auditors, and regulatory authorities, to achieve valuation objectives.