Mohamed Afsar Ali, Sr. Real Estate Manager

Mohamed Afsar Ali

Sr. Real Estate Manager

Liberty Builders & Developers

Location
United Arab Emirates
Education
Bachelor's degree, Accounts
Experience
19 years, 8 Months

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Work Experience

Total years of experience :19 years, 8 Months

Sr. Real Estate Manager at Liberty Builders & Developers
  • United Arab Emirates - Dubai
  • July 2017 to December 2018

Worked with one of the Local Developer on Temporary basis to finalize Project Development process and promote to sell their Apartment Units etc. Some of my responsibilities are as follows:

• Finalization of Land acquisition process with Landlord, Legal documentation, Obtain local authorities approval, Feasibility report, Appoint Design & Development Consultant for Building Project.
• Prepare Sale & Sub-contract Agreements, checked & Finalize Sale Agreement, Contract Terms, Conditions and Payment Installments etc.
• Manage Real Estate staff and Agents Network; Set-up Real Estate policy and procedures etc.
• Finalized Balance Interiors works for Two Projects i.e. Tiling, Bathroom fittings & Faucets, Kitchen Cabinets, Electrical Switches & Lighting, False Ceiling decoration, Doors & Ironmongeries etc.

Property Manager at A.K. Int'l Investments
  • Oman - Muscat
  • December 2014 to March 2017

Worked with one of the Investment Co.’s in Oman; mainly invest in Malls, Hotels & Retail sector in Muscat and Dubai. My job role is to manage Properties, its Facilities, Project contracts and project coordination with Consultants like COWI, EIDC, CHDI and Contractor Bahwan Cont., Co. etc. Some of my responsibilities are as follows:

• Managed Shopping Mall Retail Leasing i.e. Rental rates (Base Rent/ Gross Sales %), Negotiation & Finalization of Contracts, Mall operational activities i.e. Promotion & Marketing and its charges, Common Area & Facilities Charges (CAFC), Brands selection, Tenant’s mix & zoning, Tenants relation, Fit-out works and Government approvals coordination and maintained HSE standards etc.
• Prepare Feasibility report & utilized open space by creating new shops to generate more income
• Facilities AMC’s (Doors, Fire-fighting, A/c’s, Parking, CCTV, Security & Cleaning system). Managed Toilets refurbishment works; Conduct regular/periodic inspection for all services and maintained Janitorial supplies; Control Mall Utilities and minimize Power bills by replacing LED Lighting etc.
• Retail Leasing & Fit-out works coordination of Restaurant & ATM space at “The Wave Muscat”.
• Acquisition of Hotel staff Accommodation i.e. searched & select Property, Negotiation of rental rates and finalization of Lease Terms, Conditions and Contracts with Land lord.
• Project Development: Finalized balance Design issues between Two Consultants, Interior & Lighting Designer for a 5* Hotel Project in Muscat and obtained Building Permit. Review & Revised Contract conditions, drawings & BOQ through Consultant for Re-tender Hotel Project.

Branch Manager at GLS Properties
  • United Arab Emirates - Sharjah
  • November 2012 to January 2014

Managed overall Business Operations of Branch Office for one of the Holding Co. in Sharjah which include management of Leasing Dept., Maintenance Dept., Finance, Administration and Legal Depts. for 11 nos. Commercial/Residential Buildings & 60 Warehouses (around 680 Units). Some of my responsibilities are as follows:

• Authorized to approve business operation activities i.e. Leasing prices, Maintenance contracts & related bills etc. Manage cash flow, receivables & payables, Prepare annual services budget & Major maintenance works report to obtain Board Members approval and Finalize Maintenance Contracts. Solved pending cases (Municipality & Cheques), Liaise with government depts., select new staff for branch and staff performance appraisals.
• Implemented system, Set-up policies and procedures for Leasing, Maintenance, Finance, Administration and Legal Departments and regular check/supervise their activities reports.
• Project Development: Appointment of Consultants and Contractors for Major maintenance works as well as new Plots for development. Negotiate and finalize Contract Sum, Terms & Conditions, Contractors Agreements, Subcontractors, materials supplier and Cost Control etc.
• Took necessary measures to protect properties, finalize complicated issues of Legal cases and solved government related issues (SEWA, FEWA, Municipality & Civil Defense etc.)
• Leasing Dept.: Managed Leasing Team activities and RE Agents, Survey rental rates, negotiate & finalize lease price, terms & conditions and Lease out Retail Shops, Commercial Space, Residential Units/Flats and Warehouses. Maximized Lease revenue by applying current market rates for old tenants, Tenancy renewals, move-in, move-out process & Deposit adjustments etc.
• Facilities & Maintenance: Conduct period inspection for the buildings, prepare maintenance budget for Board Members approval. Managed maintenance team’s work closely, inspect vacant units, investigate & resolved Tenant’s complaints, control maintenance expenses, Negotiate & Finalized purchase of Central A/c Unit, Facilities Contracts i.e. Air-conditioning, Elevators, Fire Fighting, Cleaning, CCTV, Security etc. & managed safety issues.

Finance, Administration & Properties Manager at M. Al Shaikh Mubarak (Arch. & Engg. Consultants) & Orasia Real Estate
  • United Arab Emirates - Dubai
  • January 1996 to April 2010

I was managing Accounts and Administration Department of the Company; mainly involved in Accounts, Administrative Activities, Properties Management, Purchasing, Liaising with different Organizations and administering office staff etc. Some of my responsibilities include the following:

• Managed, Control and Supervise full Accounts from initial transactions up to Finalization.
• Payroll Management as per Labor Dept. (WPS), Cash flow, A/R & A/P Management.
• Properties Management of sister concerned Co. (Orasia R.E.):- since its inception in 2000 I was managing their own properties and high profile VIP client’s properties i.e. marketing & Leasing (5, 4 & 3 Bedroom Villas, Flats, Commercial space), rental negotiation, finalizing Contract terms & conditions with Owners & Tenants. Properties Maintenance (Plumbing, Electrical, Air-conditioning, Painting, Swimming pool, Cleaning etc.), Collection of Management Fees & other Services bills etc.
• Contracts Management: Managed Sub-contracts, Vendor & Procurement contracts for Maintenance works and Refurbishment Projects from initiation stage till Handover, Contract queries, Project costing, preparation of feasibility report, & Finalization of Contracts/Agreements.
• Negotiation with Bidders & Suppliers, checking and approval of Purchases & Work Orders etc.
• Management of Administration Dept.: Set-up &Implement new Office policies, management of Office Facilities (IT, Equipment & Office supplies etc.), daily business operations i.e. checking of Correspondences & Contracts, solving Staff’s personal issues, Staff’s performance appraisals and managed Trade license renewal and all Government works i.e. (D.M., Economic Dept., RTA, Labor & Immigration etc.). Having good Knowledge of U.A.E. Labor, Immigration and other Govt. Departments. Liaison with Auditors, Banks & Insurance Co’s.

Education

Bachelor's degree, Accounts
  • at Osmanis University
  • November 1989

Graduated in Commerce, Accounts, Business management and Company Law are the major subjects

Specialties & Skills

Finance
Facilities
Negotiating Contracts
Property Management
Staff Management
Properties, Leasing, Facilities, Finance & Contracts Management & Knowledge of Community Management

Languages

English
Expert
Arabic
Intermediate
Hindi
Expert

Training and Certifications

Tally ERP9 (Training)
Training Institute:
Oscar Institute Dubai
Date Attended:
April 2011
Duration:
30 hours

Hobbies

  • Reading, Watching News & Jogging