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Cost Consultant

Job in Dubai, Dubai, UAE/Dubai
Listing for: MCR Solutions - Recruitment
Full Time position
Listed on 2026-01-25
Job specializations:
  • Finance & Banking
    Financial Analyst, Financial Manager, Financial Consultant
  • Real Estate/Property
    Financial Analyst, Financial Manager
Salary/Wage Range or Industry Benchmark: 120000 - 200000 AED Yearly AED 120000.00 200000.00 YEAR
Job Description & How to Apply Below

Job Title - Cost Consultant / Quantity Surveyor – Service Charge & Lifecycle Cost Modelling Role Purpose

  • The Cost Consultant / Quantity Surveyor will be responsible for preparing, reviewing, and validating
    service charge cost models for residential, commercial, and mixed-use property developments in Dubai. The role focuses on ensuring that all service charge budgets and lifecycle cost forecasts are
    accurate, transparent, and fully compliant with RERA and Dubai Land Department (DLD) requirements
    , including submission via the Mollak system.
  • The position requires strong experience in
    construction cost estimating, operational expenditure (OPEX) forecasting, reserve fund modelling, and cost allocation methodologies for jointly owned properties.
Key Responsibilities
  • Prepare detailed
    service charge cost models for new developments and existing assets in line with
    RERA guidelines and best practice
    .
  • Develop annual and long-term
    OPEX and reserve fund forecasts
    , including lifecycle replacement planning.
  • Allocate costs appropriately across
    common areas, facilities, and individual units in accordance with RERA-approved allocation principles.
  • Prepare service charge budgets suitable for
    Owners Association (OA)review and approval.
  • Produce
    pre-contract and post-contract cost estimates
    , elemental cost plans, and cost benchmarks.
  • Review design information to assess cost impacts on
    long-term operational and maintenance liabilities
    .
  • Carry out
    cost sensitivity analysis to assess the impact of design, specification, and asset management strategies on service charges.
Regulatory & Stakeholder Interface
  • Prepare and support
    RERA/DLD service charge submissions
    , including Mollak documentation.
  • Liaise with developers, asset managers, property managers, FM consultants, and Owners Associations.
  • Respond to
    RERA queries, clarifications, and audit comments relating to service charge budgets.
  • Support dispute resolution related to service charge assessments where required.
Reporting & Governance
  • Prepare clear, auditable
    service charge reports with transparent assumptions and methodologies.
  • Ensure compliance with
    Dubai Jointly Owned Property Law
    , RERA regulations, and relevant guidance notes.
  • Maintain robust cost databases and modelling templates aligned with local market practice.
  • Strong expertise in
    service charge modelling, OPEX forecasting, and lifecycle cost planning
    .
  • Excellent understanding of
    RERA service charge regulations
    , DLD processes, and Mollak submissions.
  • Advanced proficiency in
    Excel-based financial and cost models
    .
  • Strong analytical and commercial judgement.
  • Ability to clearly explain complex cost models to non-technical stakeholders.
  • High attention to detail and audit-ready documentation standards.
Qualifications & Experience
  • Degree in
    Quantity Surveying, Cost Management, Construction Economics
    , or related discipline.
  • 5–10+ years’ experience in cost consultancy / quantity surveying roles within the UAE.
  • Demonstrable experience delivering
    service charge cost models for Dubai property developments
    .
  • Working knowledge of
    residential, mixed-use, and master-planned communities
    .
  • RICS accreditation (or working towards) preferred.
  • Experience working with or supporting
    Owners Associations and property managers is highly desirable.
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