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Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationRiyadh
The Role
As the Residential Leasing Manager, you will be responsible for maximizing the occupancy and revenue performance of a designated residential portfolio. Reporting directly to the Property Manager, you will act as the primary revenue generator, bridging the gap between operational property management and commercial leasing success.

Key Responsibilities
  • Leasing Strategy & Occupancy
    • Revenue Generation: Achieve and exceed agreed leasing targets (occupancy rates and rental values) set by the Property Manager and Client.
    • Pipeline Management: Manage the entire leasing lifecycle, ensuring inquiries are actioned within 24 hours and converting viewings into offers at a high strike rate.
    • Tenant Retention: Work closely with the Property Management team to proactively approach lease renewals 90 days in advance, negotiating uplifts in line with market benchmarks.
    • Market Intelligence: Provide weekly reports on competitor activity, rental trends in Riyadh, and supply/demand shifts to inform pricing strategies.
  • Marketing & Brand Promotion
    • Listing Excellence: Ensure all property listings on portals meet Savills' global brand standards, utilizing high-quality photography, virtual tours, and accurate descriptions.
    • Campaign Execution: Collaborate with the internal Marketing team to design and execute lead-generation campaigns for hard-to-lease units.
    • Presentation: Conduct regular inspections of vacant units to ensure they are 'show-ready,' coordinating with the Property Manager for any necessary refurbishment or staging prior to viewings.
  • Contract Negotiation & Administration
    • Commercial Negotiation: Negotiate lease terms, rental prices, and payment structures (number of cheques/payments) within the approved Authority Matrix.
    • Offer Processing: Qualify prospective tenants diligently, ensuring financial capability and alignment with the community profile before presenting offers to the Property Manager/Landlord.
    • Documentation: Oversee the drafting of Offers to Lease and Lease Agreements, ensuring all special conditions protect the Landlord’s asset value.
  • Regulatory Compliance (REGA & Local Law)
    • Ejar System Management: Act as the subject matter expert on the Ejar platform; ensure 100% of leases are registered and authenticated in compliance with Ministry of Housing regulations.
    • REGA Standards: Ensure all leasing activities strictly adhere to Real Estate General Authority (REGA) regulations, including the new Real Estate Brokerage Law.
    • Tenant Eligibility: Conduct necessary KYC (Know Your Customer) checks and verify tenant eligibility via Absher/SIMAH where applicable.
    • Dispute Prevention: Ensure all lease clauses are legally robust to minimize future disputes at the Rental Disputes Center.
  • Tenant Engagement & Community Experience
    • Community Building: Act as the primary point of contact for new residents during the onboarding process, ensuring a warm welcome and smooth handover experience.
    • Relationship Management: Proactively engage with existing tenants throughout their tenancy—not just at renewal time—to foster a sense of community and loyalty.
    • Feedback Loops: Implement and manage tenant satisfaction surveys (*, NPS scores) regarding the leasing process and community feel, reporting findings and improvement plans to the Property Manager.
    • Retention Focus: Analyze reasons for tenant churn and implement engagement strategies to increase lease renewal rates and reduce vacancy periods.

Skills, Knowledge And Experience
  • Experience: Minimum 3–5 years in Residential Leasing or Property Management, preferably with an international consultancy or top-tier local developer.
  • Education: Bachelor’s degree in Business, Real Estate, or a related field.
  • Language: Fluency in Arabic and English (written and spoken) is mandatory.
  • Technical Skills: Proficiency in Property software (*, Yardi) and the Ejar electronic network.

Requirements

  • Requires 2-5 Years experience

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