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Brand Fit Snapshot

Best for:

Daily Essentials & GrocerySpecialty RetailQuick-Service DiningLocal ServicesMixed-Use & Office Traffic

Not ideal if:

Large Footprint RetailEntertainment ConceptsDiscount Retail

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Al Ageeg Square in Riyadh is a mid-sized, open-air retail complex strategically located in a rapidly growing residential area of northern Riyadh. It serves a middle-to-upper income demographic, offering a balanced tenant mix of F&B, service-oriented businesses, and boutique retail. The center benefits from strong visibility and accessibility from King Salman Road and Prince Mohammed bin Salman Road, with ample surface parking and a pleasant pedestrian-friendly layout that encourages dwell time.

The square is particularly popular with families and young professionals seeking convenience without the congestion of larger malls.

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Danube Supermarket storefront photo

Danube Supermarket

Supermarket & Grocery
Floor Ground Floor

Danube Supermarket at Al Ageeg Square in Riyadh is a premium grocery store lo...

Al Dakheel Oud storefront photo

Al Dakheel Oud

Beauty, Health & Personal Care
Floor Ground Floor

Al Dakheel Oud's branch at Al Ageeg Square in Riyadh offers a unique shopping...

Hours of Operation

Hours

Checking...
Monday10:00 AM — 09:00 PM
Tuesday10:00 AM — 09:00 PM
Wednesday10:00 AM — 09:00 PM
Thursday10:00 AM — 09:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday11:00 AM — 06:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

2454, 6976, Riyadh, Saudi Arabia

Insights

Location Advantage

Its position in a high-growth residential district with direct access to major arterial roads provides excellent foot traffic and consistent visitation from nearby communities, particularly during evenings and weekends.

Tenant Mix

The tenant roster is weighted toward essential services and well-curated F&B outlets, ensuring resilience against e-commerce trends and offering experiential elements that attract repeat customers.

Parking & Accessibility

On-site surface parking and a compact, walkable design make it accessible and comfortable for visitors, reducing barriers to entry and increasing potential conversion rates for retailers.

Building Details

Property Type
Neighborhood
Gross Leasable Area
5770
Year Built
2016
Parking Spaces
1500
Average Monthly Footfall
250,000
Owner
Unified Real Estate Development
Anchor Tenants
Danube Supermarket

Detailed Market Analytics

Primary Catchment Area
5 km
Secondary Catchment Area
15 km
Catchment area population
500,000 People
Population growth rate
2.5 %
Median age
30 Years
Household size
5.2 People
Education level (tertiary)
35.0 %

Median household income
96,000 SAR
Unemployment rate
7.4 %
Cost of living index
65 Index

Retail spending per capita
15,000 SAR
Spending on apparel
3,500 SAR
Spending on groceries
4,800 SAR
Spending on electronics
2,200 SAR

Annual foot traffic
3,000,000 Visitors
Dwell time
90 Minutes
Conversion rate
25.0 %
Sales per square meter
12,000 SAR

Number of retail stores
19 Stores
Anchor tenant presence
Yes
Competitor density (same category)
3 Malls
Tenant diversity
70.0 %
Unique Concepts
10 Concepts

Number of Levels
1 Levels
Average rent per square meter
2,500 SAR
Vacancy rate
8.0 %
Lease term flexibility
Moderate
Available retail space
462 SQUARE METERS
Gross Leasable Area
5,770 Square meters

Proximity to main roads
0.5 km
Public transport access
Yes
Parking spaces
1,500 Spaces
Pedestrian traffic
High

E-commerce competition
Moderate
Click-and-collect adoption
40.0 %
Internet penetration
98.6 %

Retail crime rate
Low
Security measures
High

Promotional events
12 Events
Loyalty program penetration
30.0 %
Digital signage presence
Yes

Projected foot traffic growth
5.0 %
New tenant pipeline
6 Tenants
Mall expansion plans
No
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Riyadh

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Riyadh

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