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Damascus Insightsas of Oct 2026
Population size
2.5 M People
Age distribution
35-45-20 %
Household size
4.5 People
Household composition
70-20-10 %
Education level
40-30-20-10 %
Median household income
3,200 USD
Dominant industries
Retail-Construction-Tourism
Cost of living index
55 index
Retail sales per capita
1,200 USD
Disposable income
2,800 USD
Consumer spending patterns
30-25-15 %
Existing retail mix
60-30-10 %
Number of competitors
150 businesses
Market saturation
Moderate
Presence of anchor tenants
5 stores
Foot traffic from nearby businesses
10,000 daily visits
Rent costs
15 USD/sqft/year
Property values
1,500 USD/sqft
Zoning laws
Flexible
Business permits
90 days
Availability of retail space
929 sqm
Parking availability
500 spaces
Pedestrian traffic
5,000 daily
Vehicle traffic
20,000 daily
Commute times
30 minutes
Work patterns
60-30-10 %
Shopping preferences
60-40 %
Brand affinity
Value-Local
Entertainment and leisure trends
Dining-Cultural
Crime statistics
3,000 incidents/100,000 people
Shoplifting rates
200 incidents/100,000 people
Public safety measures
Moderate
Tourist spending
500 USD/tourist
Tourist footfall
300,000 visits/year
Major local events
10 events/year
Seasonal attractions
Spring-Fall
Total retail space
464,515 sqm
Retail space per capita
0 sqm
Sustainable retail demand
High
Major upcoming retail projects
2 projects
Grocery market share distribution
30-25-20 %
Consumer spending patterns
Essentials-Discretionary
Luxury retail performance
Low
Top mall shopping preferences
Convenience-Variety
Key drivers for mall visits
Dining-Entertainment
Preferred brand categories
Value fashion-Electronics
Number of existing malls
3 malls
Total retail footfall
10,000,000 annual visits
Retail market gaps
Luxury-Specialty
Trade area population
3,000,000 people
Retail potential in catchment area
High
Preferred mall layouts
Open-air-Mixed-use
Walkability score
60 index
Parking capacity in comparable malls
1,000 spaces
Surrounding land use & future developments
Commercial-Residential
Retail Destinations in Damascus
Browse 2 retail destinations in Damascus, Syrian Arab Republic. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Damascus at a Glance
- Total Properties2
- CountrySyrian Arab Republic
