Home > Salary > Iceland > Real Estate Development Director
A real estate development director is a senior-level professional responsible for overseeing and managing the development of real estate projects. They work closely with investors, architects, contractors, and other stakeholders to ensure the successful execution of projects from inception to completion. Their primary role involves identifying potential development opportunities, conducting feasibility studies, securing financing, negotiating contracts, and obtaining necessary permits and approvals. They also monitor construction progress, manage budgets, and handle any issues that may arise during the development process.
Estimated Yearly Salary: 23,746,942 ISK
Estimated Monthly Salary: 1,978,912 ISK
Estimated Weekly Salary: 456,672 ISK per week
Estimated Hourly Salary: 11,417 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,914,019 ISK
Estimated Weekly Salary: 441,697 ISK per week
Estimated Hourly Salary: 11,042 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 166,683 USD
Estimated Monthly Salary: 13,890 USD
Estimated Weekly Salary: 3,205 USD per week
Estimated Hourly Salary: 80 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 23,746,942 ISK
Estimated Monthly Salary: 1,978,912 ISK
Estimated Weekly Salary: 456,672 ISK per week
Estimated Hourly Salary: 11,417 ISK per hour
By working as Real Estate Development Director a person can save up to 11,161 USD per month or 133,937 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Iceland, see costs of living in Iceland.
Estimated Yearly Salary for Real Estate Development Director
United Kingdom is 109,214 USD
34%
Details on Real Estate Development Director salary in United Kingdom Last revision of data: 2025-01-04
Data as of 2025
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Real Estate Development Director salary in Iceland
Average Yearly Salary of Real Estate Development Director in Iceland is approximately 23,746,942 ISK (166,683 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Real Estate Development Director do?
A real estate development director is a senior-level professional responsible for overseeing and managing the development of real estate projects. They work closely with investors, architects, contractors, and other stakeholders to ensure the successful execution of projects from inception to completion. Their primary role involves identifying potential development opportunities, conducting feasibility studies, securing financing, negotiating contracts, and obtaining necessary permits and approvals. They also monitor construction progress, manage budgets, and handle any issues that may arise during the development process.
Skills: Real Estate Development, Project Management, Construction, Feasibility Studies, Financing, Permits and Approvals
Job industry: Real estate
Job industry: Real estate
How much does Real Estate Development Director make?
Salary details
How much does Real Estate Development Director make?Estimated Yearly Salary: 23,746,942 ISK
Estimated Monthly Salary: 1,978,912 ISK
Estimated Weekly Salary: 456,672 ISK per week
Estimated Hourly Salary: 11,417 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 22,968,231 ISKEstimated Monthly Salary: 1,914,019 ISK
Estimated Weekly Salary: 441,697 ISK per week
Estimated Hourly Salary: 11,042 ISK per hour
Last revision of data: 2024-01-03Real Estate Development Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 166,683 USD
Estimated Monthly Salary: 13,890 USD
Estimated Weekly Salary: 3,205 USD per week
Estimated Hourly Salary: 80 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Real Estate Development Director job salary compared to average salary in Iceland.
Comparison shows that a person working as Real Estate Development Director in Iceland earns on average:
2.65 times the average salary (or 265% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Real Estate Development Director job salary compared to average salary in Iceland.
Comparison shows that a person working as Real Estate Development Director in Iceland earns on average:
2.65 times the average salary (or 265% of average salary).
Is Real Estate Development Director a well paid job?
Yes, our data show that Real Estate Development Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Real Estate Development Director?
High salary for Real Estate Development Director would be somewhere between 26,121,636 ISK and 34,433,066 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Real Estate Development Director in Iceland?
Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 23,746,942 ISK
Estimated Monthly Salary: 1,978,912 ISK
Estimated Weekly Salary: 456,672 ISK per week
Estimated Hourly Salary: 11,417 ISK per hour
By working as Real Estate Development Director a person can save up to 11,161 USD per month or 133,937 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Iceland, see costs of living in Iceland.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Norway, Faroe Islands, United Kingdom. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Real Estate Development Director
Norway is 232,531 USDUnited Kingdom is 109,214 USD 34%Details on Real Estate Development Director salary in United Kingdom
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Registered dietetic technician (5,548,812 ISK per year, pre-tax.)
Travel desk manager corporate (10,292,249 ISK per year, pre-tax.)
Mortgage processing manager (9,805,977 ISK per year, pre-tax.)
News analyst reporter or correspondent (14,851,396 ISK per year, pre-tax.)
Landscape laborer (5,191,673 ISK per year, pre-tax.)
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